Cause
Cause. As determined by the Board (or its designee), means (i) indictment of the Participant for a felony; (ii) conduct by the Participant in connection with the Participant's employment duties or responsibilities that is fraudulent or grossly negligent, (iii) willful misconduct; (iv) the Participant's willful contravention of lawful directions related to a material duty or responsibility of the Participant which is directed to be undertaken from the Board or the individuals to whom the Participant...
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Found in
Ally Financial Inc. contract
Cause. The meaning set forth in the Incentive Compensation Plan (without regard to the reference to a Participant's Award Agreement), unless the Committee provides otherwise at the time it makes its designations under Section 4.1. In addition, failure to promptly repay any Award that is determined to be owed to the Company pursuant to Section 5.12 below shall also constitute Cause
Found in
Ally Financial Inc. contract
Cause. Any of the following: (i) Material breach of any of the terms of this Agreement or of the Company's or Bank's policies and procedures applicable to employees and/or directors; (ii) Conviction of or plea of guilty or nolo contendere to a crime involving moral turpitude or involving any violation of securities or banking law or regulation, or the issuance of any court or administrative order enjoining or prohibiting Employee from violating any such law or regulation; (iii) Repeated or habitual...
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MACKINAC FINANCIAL CORP contract
Cause. Shall mean the willful and continued failure to substantially perform the Employee's assigned duties with the Employer (other than a failure resulting from the Employee's total and permanent disability), the willful engaging in conduct which is demonstrably injurious to the Employer, monetarily or otherwise, including any act of dishonesty, commission of a felony, or a significant violation of any statutory or common law duty of loyalty to the Employer.
Found in
EMC INSURANCE GROUP INC contract
Cause. (i) the willful failure by the Participant to perform substantially the Participant's duties as an employee of the Company (other than due to physical or mental illness) after reasonable notice to the Participant of such failure, (ii) the Participant's engaging in serious misconduct that is injurious to the Company or any Subsidiary, (iii) the Participant's having been convicted of, or entered a plea of nolo contendere to, a crime that constitutes a felony, or (iv) the breach by the Participant...
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PROTECTIVE LIFE CORP contract
Cause. The term "Cause" means that, in the reasonable judgment of the Board, prior to the termination of the Term, any of the following events have occurred: (1) the willful and continued failure by Mr. Kirsch to substantially perform his duties with the Company after written notification by the Company, (2) the willful engagement by Mr. Kirsch in conduct which is demonstrably injurious to the Company, financially or otherwise, (3) action or inaction by Mr. Kirsch that is a breach of fiduciary duty,...
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FERRO CORP contract
Cause. (i) the willful and continued failure of the Participant substantially to perform the Participant's duties with the Company (other than any such failure resulting from incapacity due to physical or mental illness), after a written demand for substantial performance is delivered to the Participant by the Chief Executive Officer of the Company, a member of the Committee, or another authorized officer of the Company, which specifically identifies the manner in which the sender believes that the...
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Found in
DMC Global Inc. contract
Cause. (i) if the Service Provider is party to a written agreement with the Company or one of its Subsidiaries, which agreement includes a definition of "Cause" or words having similar import, the meaning set forth in the Service Provider's written agreement; or (ii) if the Service Provider is not a party to a written agreement with the Company or one of its Subsidiaries (A) the commission of a crime under the Applicable Laws of the jurisdiction in which the Service Provider is providing services; (B)...
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Found in
CALADRIUS BIOSCIENCES, INC. contract
Cause. (i) negligence, fraud, dishonesty or misconduct by Executive in the performance of his duties; (ii) intoxication with alcohol or drugs while on the premises of the Company or any of its subsidiaries or any customer or potential customer to the extent that in the reasonable judgment of management, Executive is abusive or his ability to perform his duties and responsibilities is impaired; (iii) conviction of a felony or any misdemeanor involving dishonesty, theft, the failure to tell the truth,...
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CECO ENVIRONMENTAL CORP contract
Cause. Means (1) conviction of, or plea of guilty or no contest to, a misdemeanor involving moral turpitude or a felony, (2) engaging in an act of fraud against the Company or any of its affiliates, (3) engaging in theft, embezzlement or other misappropriation of any funds or property of the Company or any of its affiliates, including conduct which is materially injurious (monetarily or otherwise) to the Company or any of its affiliates (e.g., misuse of the Company's or an affiliate's funds or other...
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All Definitions
Found in
KEY ENERGY SERVICES INC contract