Cause

Example Definitions of "Cause"
Cause. Unless otherwise defined in an agreement to which the Participant is a party with the Company or an Affiliate, the occurrence of any of the following: (i) the Participant's conviction of, or plea of guilty or nolo contendere to, a felony under Applicable Law; (ii) the Participant's willful and deliberate failure in the performance of the Participant's duties in any material respect; (iii) the Participant's willful misconduct that results in material harm to the Company or an Affiliate; or (iv)... the Participant's material violation of the Company's ethics and compliance program, code of conduct or other material policy of the Company. View More Arrow
Cause. Shall mean any gross or willful misconduct by the Employee, including but not limited to, the following: (i) an act of fraud against Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates; (ii) failure or any refusal to implement or undertake the directives of USCF's and/or USCF Advisers' and Concierge's Board of Directors and/or their Affiliates; (iii) breach of fiduciary duty to the Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates or engaging in conduct that... causes material injury, monetary, reputational or otherwise, to Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates; (iv) engaging in conduct that reflects adversely on Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates, and/or that affects the Employee's ability to perform the Employee's duties, and/or or that brings the Employee into public disrepute or scandal; (v) arrest for, indictment for, or being formally charged with, the commission of a felony or commission of a crime, whether or not a felony; (vi) violation of federal, state or local tax laws; (vii) dependence on alcohol or drugs without the supervision of a physician or the illegal use, possession or sale of drugs; (viii) theft, misappropriation, embezzlement or conversion of the assets or opportunities of Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates; (ix) failure by the Employee to promptly and/or adequately perform the duties assigned to the Employee by Concierge, Wainwright, USCF, USCF Advisors and/or its Affiliates, as determined by the USCF's and Concierge's Board of Directors in their discretion; (x) failure by the Employee to promptly and/or adequately perform the duties assigned to the Employee by USCF Advisers and/or its Affiliates, as determined by USCF Advisers' and Concierge's Board of Directors in their discretion; (xi) a material breach of the terms, covenants or representations of that certain offer letter agreement entered into between USCF and the Employee, dated May 20, 2015, and/or any agreement entered into between the Employee and Wainwright, USCF, USCF Advisers, or their Affiliates; or (xiii) a violation of policies of Concierge, Wainwright, USCF, USCF Advisers, and/or their Affiliates. View More Arrow
Cause. A determination by the Administrator that any of the following has occurred: (i) commission of any act of fraud, embezzlement; (ii) a material breach of any nonsolicitation, noncompetition or invention assignment provisions in an agreement between the Participant and the Company (or any Parent or Subsidiary), including nonsolicitation, noncompetition or invention assignment provisions in the applicable Award Agreement; (iii) any unauthorized use or disclosure of confidential information or... trade secrets of the Company (or any of its affiliated corporations); (iv) any other willful misconduct adversely affecting the business or affairs of the Company (or any its affiliated corporations); or (v) material failure to comply with the Company's code of conduct or employment policies; provided, however, if View More Arrow
Cause. Shall, with respect to each Participant, have the same meaning ascribed to such term or a similar term in the Participant's employment or other engagement agreement or other documents to which the Company or any of its parents, subsidiaries, affiliates or related entities and the Participant are a party concerning the provision of services by the Participant to the Company or any such entities, or, in the absence of such an agreement or definition: (i) any breach of Participant's obligations... towards the Company (or any of its Affiliates) in accordance with such Participant's employment agreement, services agreement, non-disclosure agreement, assignment of invention agreement, non-compete agreement, or any other instrument or agreement to which the Participant is bound; (ii) any dishonest act on the part of the Participant including without limitation - fraud, theft, breach of fiduciary duty, embezzlement; (iii) any criminal offense by Participant; (iv) any act by Participant that may adversely affect the reputation, business, or business relationship of the Company (or its Affiliates); (v) any failure by Participant to abide by the Company's policies or code of conduct; or (vi) any circumstances that constitute grounds for termination for cause under the Participant's employment or service agreement with the Company or its Affiliates. View More Arrow
Cause. Has the meaning ascribed to such term in the 2021 Equity Incentive Plan.
Cause. Executive's: (i) commission of, or plea of guilty or no contest to, a felony or a crime involving moral turpitude or the commission of any other act involving willful malfeasance or material fiduciary breach with respect to the Company Group; (ii) conduct that results in or is reasonably likely to result in harm to the reputation or business of the Company Group; (iii) gross negligence or willful misconduct with respect to the Company Group; or (iv) material violation of state or federal... securities laws. View More Arrow
Cause. The occurrence of one or more of the following: (a) the commission by Executive of a criminal offence (i) involving moral turpitude or (ii) involving dishonesty, theft or fraud with respect to the Company or any of its affiliates or any of their customers, suppliers, licensors, licensees, employees or other business relation, which has had or the Board reasonably believes could have a material negative effect upon the Company or any of its affiliates, (b) substantial and repeated failure to... perform duties as reasonably directed by the CEO, (c) gross negligence or willful misconduct with respect to the Company or any of its affiliates or any of their customers, suppliers, licensors, licensees, employees or other business relation, (d) breach of fiduciary duty with respect to the Company or any of its affiliates or any of their customers, suppliers, licensors, licensees, employees or other business relation, which has had or the Board reasonably believes could have a material negative effect upon the Company or any of its affiliates, (e) repeated conduct causing the Company or any of its affiliates substantial public disgrace or disrepute or substantial economic harm, (f) any act or omission aiding or abetting a competitor, supplier or customer of the Company or any of its affiliates to the material disadvantage or detriment of the Company and its affiliates, (g) a material failure to observe the Company's policies or standards regarding employment practices (including, without limitation, nondiscrimination and sexual harassment policies) as in effect from time to time, and/or (h) a failure by Executive to cooperate in good faith with a governmental or internal investigation of the Company or its directors, officers or employees if the Company or Board has requested Executive's cooperation, provided that Executive's failure to waive attorney-client privilege relating to communications with Executive's own attorney in connection with an Investigation will not constitute "Cause"; provided, however, that the events described in the foregoing clauses (b), (f) and (g) shall not constitute Cause unless the Company shall have notified Executive in writing describing, in reasonable detail, the events which constitute Cause and, to the extent practicable, the conduct required to cure such Cause (if such Cause if capable of being cured) and then only if Executive shall have failed to cure such events within 30 days after Executive's receipt of such written notice. View More Arrow
Cause. Voluntary resignation, disability that renders Participant incapable of performing the essential functions of Participant's job, with or without reasonable accommodation, after Participant has exhausted any leave available under applicable law or Company policy, job abandonment, substandard performance, engaging in any act or omission deemed to be against the best interests of the Company, unsafe, threatening or violent activity or conduct, and any other conduct that could reasonably be... perceived as damaging the Company's reputation or interfering with its business interests. A termination for Cause may be based on conduct that takes place in or outside the workplace. Cause shall be determined in the sole discretion of the Company View More Arrow
Cause. The meaning given to that term in any written employment agreement, offer letter or severance agreement between the Company and the Participant, or if no such agreement exists or if such term is not defined therein, Cause means a finding by the Committee that the Participant (i) has breached his or her employment or service contract with the Company, (ii) has engaged in disloyalty to the Company, including, without limitation, fraud, embezzlement, theft, commission of a felony or proven... dishonesty, (iii) has disclosed trade secrets or confidential information of the Company to persons not entitled to receive such information, (iv) has breached any written non-competition, non-solicitation, invention assignment or confidentiality agreement between the Company and the Employer or (v) has engaged in such other behavior detrimental to the interests of the Company as the Committee determines. View More Arrow
Cause. For purposes of this Agreement, 'Cause', as determined by the Board acting in good faith and based on information then known to it, shall mean the occurrence of one or more of the following: (i) Executive's gross negligence or knowing and willful action which is or is likely to be materially injurious to the Company; (ii) any intentional act by Executive in connection with his responsibilities as an employee constituting fraud or a felony crime; (iii) Executive's consistent failure to report... for work or perform his duties as directed by the Company's Board of Directors; (iv) persistent or repeated material breach of this Agreement or any agreement between Executive and the Company; (v) Executive becoming disqualified from holding office through his own act or omission; (vi) an unauthorized use or disclosure by the Executive of the Company's confidential information or trade secrets, which use or disclosure causes material harm to the Company; or (vii) a material failure by the Executive to comply with the Company's written policies or rules which is or is likely to be materially injurious to the Company. View More Arrow
All Definitions