Cause

Example Definitions of "Cause"
Cause. Fraud; commission of a felony or gross misdemeanor (or its equivalent), regardless of whether there is a conviction or plea of nolo contendere to such a crime; embezzlement or misappropriation of funds or property; consistent refusal to perform, or willful misconduct in or disregard of the performance of Company duties and obligations; gross negligence in the performance of Company duties; disclosure of confidential information regarding the Company or its operations; or breach of an employment... agreement and/or restrictive covenants, if applicable View More
Cause. In the case of a particular Option Award, unless the applicable Option Agreement states otherwise: (i) if the Participant is a party to an employment or service agreement with the Company or its Affiliates and such agreement provides for a definition of "cause", the definition contained therein; or (ii) if no such agreement exists, or if such agreement does not define "cause": (a) conviction of, or plea of guilty or no contest to, any felony or any crime involving moral turpitude or dishonesty... or the commission of any other act involving willful malfeasance or material fiduciary breach with respect to the Company or an Affiliate; (b) participation in a fraud, misappropriation, or embezzlement of Company and/or its Affiliate funds or property or act of dishonesty against the Company and/or its Affiliate; (c) material violation of any rule, regulation, policy or plan for the conduct of (as the case may be) any director, officer, employee, member, manager, consultant or service provider of or to the Company or its Affiliates or its or their business (which, if curable, is not cured within 5 Business Days after notice thereof is provided to the Participant); (d) conduct that results in or is reasonably likely to result in harm to the reputation or business of the Company or any of its Affiliates; (e) gross negligence or willful misconduct with respect to the Company or an Affiliate; or (f) material violation of U.S. state, federal or other applicable (including non-U.S.) securities laws. View More
Cause. Means (i) Executive's theft, dishonesty or falsification of any employment or Company records that is non-trivial in nature; (ii) Executive's malicious or reckless disclosure of the Company's confidential or proprietary information or any material breach by Executive of his or her obligations under the Confidential Information Agreement (as defined below); (iii) the conviction of the Executive of a felony (excluding motor vehicle violations) or the commission of gross negligence or willful... misconduct, where a majority of the non-employee members of the Board reasonably determines that such act or misconduct has (A) seriously undermined the ability of the Board or management of the Company to entrust Executive with important matters or otherwise work effectively with Executive, (B) substantially contributed to the Company's loss of significant revenues or business opportunities, or (C) significantly and detrimentally affected the business or reputation of the Company or any of its subsidiaries; and/or (iv) the willful failure or refusal by Executive to follow the reasonable and lawful directives of the Board or Executive's direct supervisor, provided such willful failure or refusal continues after Executive's receipt of reasonable notice in writing of such failure or refusal and a reasonable opportunity of not less than 30 days to correct the problem. For the purpose of this Agreement, no act, or failure to act, shall be considered "willful" unless undertaken by Executive with an absence of good faith that this act, or failure to act, was in the best interests of the Company. View More
Cause. The determination by the Administrator that the Participant has (i) engaged in gross negligence or willful misconduct in the performance of the Participant's duties, (ii) willfully engaged in conduct that the Participant knows or, based on facts known to the Participant, should know is materially injurious to the Partnership or any of its Affiliates, (iii) materially breached any material provision of the Participant's employment agreement or other Restrictive Covenant Agreement with the... Partnership or its Affiliates, (iv) been convicted of, or entered a plea bargain or settlement admitting guilt for, fraud, embezzlement, or any other felony under the laws of the United States or of any state or the District of Columbia or any other country or any jurisdiction of any other country (but specifically excluding felonies involving a traffic violation), (v) been the subject of any order, judicial or administrative, obtained or issued by the U.S. Securities and Exchange Commission (SEC) or similar agency or tribunal of any country, for any securities violation involving insider trading, fraud, misappropriation, dishonesty or willful misconduct (including, for example, any such order consented to by the Participant in which findings of facts or any legal conclusions establishing liability are neither admitted nor denied), or (vi) discussed the Partnership's (or its Affiliates') fundraising efforts, or the name of any fund vehicle that has not had a final closing of commitments, to any reporter or representative of any press or other public media. View More
Cause. Means, with respect to any Participant, the occurrence of any one or more of the following: (i) a material breach by a Participant of his or her contractual obligations to the Company concerning his or her employment or the Company's written policies; (ii) gross negligence, serious misconduct or a material failure by a Participant in connection with the discharge of his or her duties or otherwise relating to his or her employment by the Company; (iii) a Participant's use of drugs or alcohol in... such a manner as to materially interfere with the performance of his or her duties; or (iv) the Participant's conviction of, or a plea of no contest to, a felony or misdemeanor involving moral turpitude. View More
Cause. (A) the indictment of Chairwoman or Chairwoman entering a plea of guilty or no-contest or similar plea with respect to, any felony or crime involving intentional dishonesty (including any breach of Securities laws) or the commission of any act or omission involving actual fraud or embezzlement with respect to Holdings or any of its Subsidiaries, (B) repeated failure by Chairwoman to perform duties as reasonably directed by the Board, (C) Chairwoman's gross negligence, willful misconduct or... breach of fiduciary duty with respect to Holdings or any of its Subsidiaries, (D) any material breach by Chairwoman of this Agreement after written notice from the Board and (if capable of correction) ten days to correct such failure, or (E) a material misrepresentation or non-disclosure by Chairwoman in reporting to the Board. View More
Cause. Executive (i) is convicted of a felony or other crime involving dishonesty towards the Company or any of its Subsidiaries or material misuse of property of the Company or any of its Subsidiaries; (ii) engages in willful misconduct or fraud with respect to the Company or any of its Subsidiaries or any of their customers or suppliers or an intentional material act of dishonesty or disloyalty in the course of Executive's employment; (iii) refuses to perform Executive's lawful acts in connection... with his material obligations under this Agreement (except in connection with a Disability) as reasonably directed by the Board or the Company's chief executive officer, which failure is not cured within 30 days after written notice thereof to Executive; (iv) misappropriates one or more of the Company's or any of its Subsidiaries material assets or business opportunities; (v) breaches Sections 5, 6 or 7 hereof which breach, if capable of being cured, is not cured within 10 days of written notice thereof has been delivered to Executive; or (vi) has failed to complete relocation of his permanent residence to a location within reasonable daily commuting distance to and from the Company's principal executive offices in Burlington County. New Jersey within eighteen (18) months after the Commencement Date (defined below). The Company shall inform the Executive in writing describing in reasonable detail the nature of the circumstances giving rise to Cause, and the Executive shall have thirty (30) days to cure such circumstances, if curable. View More
Cause. Means, unless otherwise defined in a written employment agreement between you and the Company or its Affiliates in effect on the Grant Date, (i) your indictment for, or conviction or entry of a plea of guilty or nolo contendere to (A) any felony or (B) any crime (whether or not a felony) involving moral turpitude, fraud, theft, breach of trust or other similar acts, (ii) your being or having been engaged in conduct constituting breach of fiduciary duty, willful misconduct or negligence relating... to the Company or its Affiliates or the performance of your duties, (iii) your willful failure to (A) follow a reasonable and lawful directive of the Company or its Affiliates or (B) comply with any written rules, regulations, policies or procedures of the Company or its Affiliates, (iv) your breach of this Agreement or any other written agreement with the Company or its Affiliates, including, without limitation, any applicable non-competition, non-solicitation and confidentiality agreement between you and the Company or its Affiliates, (v) your failure to perform at a level of effort or results commensurate with your responsibilities, other than as a result of permanent disability or (vi) your deliberate and continued failure to perform your material duties to the Company; which in the case clause (v) or (vi) hereof, is not cured by you within ten (10) days of your receipt of written notice thereof from the Company or its Affiliates specifying the particulars of the conduct constituting Cause. View More
Cause. The term "Cause" shall mean that the Board, based on information then known to the Company or the General Partner of the Company, determines in good faith (A) Executive's willful or grossly negligent continued failure to substantially perform Executive's material duties to the Company or its Subsidiaries (other than as a result of total or partial incapacity due to physical or mental illness) for a period of 10 days following written notice by the Company or the General Partner of the Company... to Executive of such failure, (B) dishonesty in the performance of Executive's material duties to the Company or its Subsidiaries, (C) an act or acts on Executive's part constituting, or plea of guilty or nolo contendere to a crime constituting, (x) a felony under the laws of the United States or any state thereof or (y) a misdemeanor involving moral turpitude, (D) Executive's willful malfeasance or willful misconduct in connection with Executive's duties to the Company or its Subsidiaries or (E) a Restrictive Covenant Violation that is not cured (to the extent curable) for a period of 10 days following written notice by the Company or the General Partner of the Company to Executive of such breach. View More
Cause. With respect to any Participant, the occurrence of any one or more of the following: (i) such Participant's commission of any crime involving fraud, dishonesty or moral turpitude or such Participant being charged with a felony and such charges not being dismissed within 30 days; (ii) such Participant's attempted commission of or participation in a fraud or act of dishonesty against the Company; (iii) such Participant's material violation of any contract or agreement between such Participant and... the Company not remedied (if susceptible to remedy) within seven days of notice, of any Company policy or procedure not remedied (if susceptible to remedy) within seven days of notice, or of any statutory duty owed by such Participant to the Company; or (iv) conduct by such Participant that constitutes gross insubordination, incompetence or habitual neglect of duties. View More
All Definitions