Cause

Example Definitions of "Cause"
Cause. The term "Cause" used in connection with the termination of employment of the Executive shall have the same meaning ascribed to such term in any employment or severance agreement then in effect between the Executive and the Company or one of its Subsidiaries or, if no such agreement containing a definition of "Cause" is then in effect, shall mean a termination of employment of the Executive by the Company or any Subsidiary thereof due to (A) the Executive's continued failure substantially to... perform the Executive's duties under the Executive's employment (other than as a result of total or partial incapacity due to physical or mental illness) following written notice by the Company to the Executive of such failure; (B) theft or embezzlement of Company property or dishonesty in the performance of the Executive's duties, (C) any act on the part of the Executive that constitutes (x) a felony under the laws of the United States or any state thereof or (y) a crime involving moral turpitude, (E) the Executive's willful malfeasance or willful misconduct in connection with the Executive's duties to the Company or any act or omission which is materially injurious to the financial condition or business reputation of the Company or any of its Subsidiaries or Affiliates, or (F) the Executive engages in Competitive Activity or breaches the confidentiality provisions of Section 6. View More
Cause. (a) the Executive's willful misconduct, (b) the Executive's material failure to perform the Executive's reasonably-assigned duties and responsibilities to the Company, (c) any breach by the Executive of any provision of any employment, consulting, advisory, nondisclosure, non-competition or other similar agreement between the Company and the Executive or any of the Company's written policies or procedures, including, but not limited to, the Company's Code of Business Conduct and Ethics and its... written policies and procedures regarding sexual harassment, computer access and insider trading, or (d) the Executive's conviction of, or plea of guilty or nolo contendere to, (i) any felony or (ii) with respect to the Executive's employment, any misdemeanor that is materially injurious to the Company, in each case (a) through (d), as determined by the Company's Board of Directors (the "Board") in accordance with Section 5.1, which determination shall be conclusive. The Executive's employment shall be considered to have been terminated for Cause if the Board determines, within 30 days after the termination of the Executive's employment, that termination for Cause would have been warranted. View More
Cause. A termination of the Executive's employment by the Company as a result of: (i) a conviction of the Executive (or a plea of nolo contendere in lieu thereof) for (A) a felony or (B) a crime involving fraud, dishonesty or moral turpitude; (ii) the Executive's dishonesty, misappropriation or similar action which is intentional and materially injurious to the Company or any of its subsidiaries, (iii) the willful and continued failure (other than a failure as a result of Executive's Permanent... Disability) of the Executive, after written notice from the Company, to render services to the Company in accordance with the terms of this Agreement; or (iv) any breach by the Executive of any of the material terms or conditions of this Agreement, specifically, Sections 8 and 10 hereof, which breach, if capable of being cured, is not cured within fifteen (15) days following notice from the Company to the Executive thereof. View More
Cause. Shall have the meaning set forth in the employment agreement between the Optionee and the Company dated as of [DATE].
Cause. For purposes of this Plan, Cause has the same meaning given to that term in the Employment Agreement between a Participant and the Bank. If there is no Employment Agreement in effect, "Cause" means (i) continued failure by the Participant for reasons other than Disability to follow reasonable instructions of the Chief Executive Officer of the Bank or policies of the Board of Directors after being advised in writing of such failure, including specific actions or inaction on the part of the... Participant and the particular instruction or policy involved, and if both reasonable and feasible, being given a reasonable opportunity and period (as determined by the Board of Directors) to remedy such failure; (ii) conviction of a felony or any crime of moral turpitude; (iii) commission of an act of embezzlement or fraud against the Bank or any subsidiary or affiliate thereof; (iv) any act or omission constituting dishonesty of the Participant with respect to the Bank or any subsidiary or affiliate thereof; and/or (v) any other willful or reckless conduct which substantially harms the reputation and/or interest of the Bank, any subsidiary or affiliate, and/or its or their directors, officers or employees. View More
Cause. The occurrence of one or more of the following events: (i) Conviction of a felony or any crime or offense lesser than a felony involving the property of the Company or a Subsidiary; or (ii) Conduct that has caused demonstrable and serious injury to the Company or a Subsidiary, monetary or otherwise; or (iii) Willful refusal to perform or substantial disregard of duties properly assigned, as determined by the Company or a Subsidiary, as the case may be; or (iv) Breach of duty of loyalty to the... Company or a Subsidiary or any act of fraud or dishonesty with respect to the Company or a Subsidiary. View More
Cause. Any of (A) the commission by the Executive of a willful act (including, without limitation, a dishonest or fraudulent act) or a grossly negligent act, or the willful or grossly negligent omission to act by the Executive, which is intended to cause, causes or is reasonably likely to cause material harm to the Employer (including harm to its business reputation), (B) the indictment of the Executive for the commission or perpetration by the Executive of any felony or any crime involving... dishonesty, moral turpitude or fraud, (C) the material breach by the Executive of this Agreement that, if susceptible of cure, remains uncured 10 days following written notice to the Executive of such breach, (D) the receipt of any form of notice, written or otherwise, that any regulatory agency having jurisdiction over the Employer intends to institute any form of formal or informal (e.g., a memorandum of understanding which relates to the Executive's performance) regulatory action against the Executive or the Employer or the Employer (provided that the Board of Directors determines in good faith, with the Executive abstaining from participating in the consideration of and vote on the matter, that the subject matter of such action involves acts or omissions by or under the supervision of the Executive or that termination of the Executive would materially advance the Employer's compliance with the purpose of the action or would materially assist the Employer in avoiding or reducing the restrictions or adverse effects to the Employer related to the regulatory action), (E) the exhibition by the Executive of a standard of behavior within the scope of his employment that is materially disruptive to the orderly conduct of the Employer's business operations (including, without limitation, substance abuse or sexual misconduct) to a level which, in the Board of Directors' good faith and reasonable judgment, with the Executive abstaining from participating in the consideration of and vote on the matter, is materially detrimental to the Employer's best interest, that, if susceptible of cure remains uncured 10 days following written notice to the Executive of such specific inappropriate behavior, or (F) the failure of the Executive to devote his full business time and attention to his employment as provided under this Agreement that, if susceptible of cure, remains uncured 30 days following written notice to the Executive of such failure. In order for the Board of Directors to make a determination that termination shall be for Cause, the Board must provide the Executive with an opportunity to meet with the Board in person View More
Cause. Shall mean: (i) fraud, misappropriation, embezzlement, or other act of material misconduct against the Company or any of its affiliates; (ii) substantial and willful failure to perform specific and lawful directives of the Board; (iii) willful and knowing violation of any rules or regulations of any governmental or regulatory body, which is materially injurious to the financial condition of the Company; or (iv) conviction of or plea of guilty or nolo contendere to a felony; (v) a material... breach of the terms and conditions of this Agreement: provided, however, that with regard to subparagraphs (ii) and (v) above, Executive may not be terminated for Cause unless and until the Board has given him reasonable written notice of its intended actions and specifically describing the alleged events, activities or omissions giving rise thereto and with respect to those events, activities or omissions for which a cure is possible, a reasonable opportunity to cure such breach; and provided further, however, that for purposes of determining whether any such Cause is present, no act or failure to act by Executive shall be considered willful if done or omitted to be done by Executive in good faith and in the reasonable belief that such act or omission was in the best interest of the Company and/or required by applicable law. View More
Cause. A finding by the Company of acts or omissions constituting, in the Company's reasonable judgment, (i) a breach of duty by Executive in the course of his employment involving fraud, acts of dishonesty (other than inadvertent acts or omissions), disloyalty to the Company, or moral turpitude constituting criminal felony; (ii) conduct by Executive that is materially detrimental to the Company, monetarily or otherwise, or reflects unfavorably on the Company or Executive to such an extent that the... Company's best interests reasonably require the termination of Executive's employment; (iii) acts or omissions of Executive materially in violation of his obligations under any written employment or other agreement between Executive and the Company or at law; (iv) Executive's failure to comply with or enforce Company policies concerning equal employment opportunity, including engaging in sexually or otherwise harassing conduct; (v) Executive's repeated and documented insubordination, which is not cured by Executive within 10 days after receipt of a written warning specifying such insubordination; (vi) Executive's failure to comply with or enforce, in any material respect, all other personnel policies of the Company; (vii) Executive's failure to devote his full (or other required) working time and best efforts to the performance of his responsibilities to the Company; or (viii) Executive's conviction of, or entry of a plea agreement or consent decree or similar arrangement with respect to a felony or any violation of federal or state securities laws. View More
Cause. Means "Cause" as defined in an employment, consulting, advisory or similar agreement between the Company or any of its Affiliates and the Participant or, if not defined therein or if there is no such agreement, "Cause" means the Participant's (i) conviction (treating a nolo contendere plea as a conviction) of a felony, whether or not any right to appeal has been or may be exercised, other than as a result of a moving violation or a Limited Vicarious Liability (as defined below), (ii) willful... failure or refusal without proper cause to perform such Participant's material duties with the Company (other than any such failure resulting from the Participant's total or partial incapacity due to physical or mental impairment), (iii) willful misappropriation, embezzlement, fraud or any reckless or willful destruction of Company property having a significant adverse financial effect on the Company or a significant adverse effect on the Company's reputation, (iv) willful and material breach of any statutory or common law duty of loyalty to the Company having a significant adverse financial effect on the Company or a significant adverse effect on the Company's reputation, (v) material and willful breach of any restrictive covenants to which Participant is subject, including non-competition, non-solicitation, non-disparagement or confidentiality provisions, or (vi) willful violation of any material Company policy, including the Company's Standards of Business Conduct having a significant adverse financial effect on the Company or a significant adverse effect on the Company's reputation. The determination by the Company as to the existence of "Cause" will be conclusive on the Participant. View More
All Definitions