Cause

Example Definitions of "Cause"
Cause. That the Executive has (i) committed an act of personal dishonesty, embezzlement or fraud; (ii) misused alcohol or drugs; (iii) failed to pay any obligation owed to the Company or any subsidiary or affiliate; (iv) breached a fiduciary duty or deliberately disregarded any rule of the Company or any subsidiary or affiliate; (v) committed an act of willful misconduct, or intentionally failed to perform stated duties; (vi) willfully violated any law, rule or regulation (other than misdemeanors,... traffic violations or similar offenses) or any final cease-and-desist order; (vii) disclosed without authorization any Confidential Information of the Company or any subsidiary or affiliate, or engaged in any conduct constituting unfair competition, or induced any customer of the Company or any subsidiary or affiliate to breach a contract with the Company or any subsidiary or affiliate; (viii) been convicted of, or entered a guilty plea or plea of no contest to, any felony or misdemeanor involving moral turpitude; (ix) continually failed to perform substantially Executive's duties with and responsibilities to the Company or any subsidiary or affiliate (other than any such failure resulting from incapacity due to Disability) after a written demand for substantial performance is delivered to the Executive by the Company which specifically identifies the manner in which the Company believes that the Executive has not substantially performed the Executive's duties and responsibilities; (x) violated in any material respect the Company's, any subsidiary's or any affiliate's policies or procedures, including without limitation, any applicable Code of Ethics; or (xi) engaged in conduct that has resulted, or if it became known by any regulatory or governmental agency or the public is reasonably likely to result, in the good faith judgment of the Company, in material injury to the Company or any of its subsidiaries or affiliates, whether monetary, reputational or otherwise View More
Cause. (i) your commission of, conviction for, plea of guilty or nolo contendere to a felony or a crime involving moral turpitude; (ii) engaging in conduct that constitutes fraud, gross negligence or willful misconduct that results or would reasonably be expected to result in material harm to the Company or its business or reputation; (iii) breach of any material terms of your employment, including any of the Company's policies or code of conduct; or (iv) failure to perform your duties for the Company.
Cause. Shall have the meaning assigned such term, if any, (i) in the employment, letter or severance agreement, if any, between the Grantee and the Company or a Subsidiary, or (ii) if none, under a severance plan or arrangement maintained by the Company or a Subsidiary that applies to the Grantee on the date of termination. If the Grantee is not a party to an employment, letter or severance agreement with the Company or a Subsidiary in which such term is defined or if during the applicable severance... protection period, the Grantee is not a participant in any severance plan or arrangement maintained by the Company or a Subsidiary, then "Cause" has the meaning given such term in the Plan. View More
Cause. Any grounds entitling the Company's Board to summarily dismiss the Executive.
Cause. The Executive's conviction of a felony, breach of a fiduciary duty involving personal profit to the Executive or intentional failure to perform stated duties reasonably associated with the Executive's position; provided, however, an intentional failure to perform stated duties shall not constitute Cause unless and until the Board provides the Executive with written notice setting forth the specific duties that, in the Board's view, the Executive has failed to perform and the Executive is... provided a period of thirty (30) days to cure such specific failure(s) to the reasonable satisfaction of the Board View More
Cause. As defined in an employment agreement between the Company or any of its Affiliates and the Grantee or, if not defined therein or if there is no such agreement, "Cause" means (i) the Grantee's continued failure substantially to perform such Grantee's duties (other than as a result of total or partial incapacity due to physical or mental illness) for a period of ten (10) days following written notice by the Company or any of its Affiliates to the Grantee of such failure, (ii) dishonesty in the... performance of the Grantee's duties, (iii) the Grantee's conviction of, or plea of nolo contendere to, a crime constituting (A) a felony or equivalent crime under the laws of the United States or any state thereof or foreign country or (B) a misdemeanor or other crime involving moral turpitude, (iv) the Grantee's insubordination, willful malfeasance or willful misconduct in connection with the Grantee's duties or any act or omission which is injurious to the financial condition or business reputation of the Company or any of its Affiliates, or (v) the Grantee's breach of any non-competition, non-solicitation or confidentiality provisions to which the Grantee is subject. The determination of the Committee as to the existence of "Cause" will be conclusive on the Grantee and the Company. View More
Cause. Shall mean (i) the willful breach or habitual neglect of assigned duties related to EXCO, including compliance with Company policies; (ii) conviction (including any plea of nolo contendere) of Executive of any felony or crime involving dishonesty or moral turpitude; (iii) any act of personal dishonesty knowingly taken by Executive in connection with his or her responsibilities as an employee or as a director of EXCO, any of its Affiliates or any of its joint venture partners and intended to... result in personal enrichment of Executive or any other person; (iv) bad faith conduct that is materially detrimental to any EXCO Party; (v) inability of Executive to perform Executive's duties due to alcohol or illegal drug use; (vi) Executive's failure to comply with any legal written directive of the Board; (vii) any act or omission of Executive which is of substantial detriment to an EXCO Party because of Executive's intentional failure to comply with any statute, rule or regulation, except any act or omission believed by Executive in good faith to have been in or not opposed to the best interest of such EXCO Party (without intent of Executive to gain, directly or indirectly, a profit to which Executive was not legally entitled) and except that Cause shall not mean bad judgment or negligence other than habitual neglect of duty; or (viii) any other act or failure to act or other conduct which is determined by the Board, in its sole discretion, to be demonstrably and materially injurious to an EXCO Party, monetarily or otherwise. View More
Cause. Optionee's (i) willful act of personal dishonesty, gross misconduct, fraud or misrepresentation, when any of the foregoing is taken by Optionee in connection with his responsibilities as a Service Provider; (ii) conviction of or entry of a plea of guilty or nolo contendere to a felony; or (iii) willful and continued failure to substantially perform his principal duties and/or obligations of employment (other than any such failure resulting from incapacity due to bona fide physical or mental... illness), which failure is not remedied within a period of thirty (30) days after receipt of written notice from the Company, specifically identifying the manner in which the Company believes that Optionee has not substantially performed his duties and/or obligations View More
Cause. With respect to the termination by the Company or a Related Entity of the Grantee's Continuous Service, that such termination is for 'Cause' as such term (or word of like import) is expressly defined in a then-effective written agreement between the Grantee and the Company or such Related Entity, or in the absence of such then-effective written agreement and definition, is based on, in the determination of the Administrator: (i) the Grantee's breach of any fiduciary duty to the Company or any... Related Entity; (ii) the Grantee's gross negligence, willful misconduct, fraud or act(s) of dishonesty relating to the Company or any Related Entity; (iii) the Grantee's material breach of any agreement with the Company or a Related Entity, as determined under such agreement; (iv) the Grantee's conviction (including any plea of guilty or nolo contendere) of any criminal act involving fraud, dishonesty, misappropriation or moral turpitude, or which impairs the Grantee's ability to perform his or her duties for the Company; or (v) for a Grantee who is an Employee, (A) the Grantee's failure to abide by the Company's code of conduct or other policies, or (B) the Grantee's repeated failure or inability to perform his or her assigned duties after written notice from the Company of, and a reasonable opportunity to cure, such failure or inability. View More
Cause. Shall mean, unless otherwise defined in the applicable Award certificate or agreement, (i) to the extent that there is an employment, severance or other agreement governing the relationship between the Participant and the Company or an Affiliate, which agreement contains a definition of "Cause," Cause shall consist of those acts or omissions that would constitute "Cause" under such agreement; and (ii) to the extent that there is no such agreement as provided for in clause (i) above, any one or... more of the following: (1) the Participant's willful and intentional failure or refusal, continuing after written notice that identifies the breach(es) complained of, to perform substantially his or her material duties, responsibilities and obligations (other than a failure resulting from the Participant's incapacity due to physical or mental illness or other reasons beyond the Participant's control); (2) any willful and intentional act or failure to act involving fraud, misrepresentation, theft, embezzlement, dishonesty or moral turpitude; (3) any unauthorized use or disclosure by the Participant of confidential information or trade secrets of the Company or an Affiliate; (4) any intentional wrongdoing by the Participant whether by omission or commission, which materially adversely affects the business or affairs of the Company or an Affiliate; or (5) conviction of (or a plea of nolo contendere to) an offense which is a felony in the jurisdiction involved or which is a misdemeanor in the jurisdiction involved but which involves fraud, misrepresentation, theft, embezzlement, dishonesty or moral turpitude. View More
All Definitions