Cause

Example Definitions of "Cause"
Cause. (i) a violation of a material written Company policy that is communicated by the Board to Executive and that continues uncured for thirty (30) days, (ii) an act of dishonesty made by Executive in connection with Executive's responsibilities, as an employee, (iii) Executive's conviction of, or plea of nolo contendere to, a felony, (iv) Executive's gross misconduct, (v) the failure or refusal of Executive to follow the lawful and proper directives of the Board that are within the scope of the... Executive's duties set forth in Section 1 above and that is not corrected within thirty (30) days after written notice from the Board to Executive identifying such failure or refusal or (vi) Executive's material breach of the PIIA (as defined below) or Section 8(b) hereof. View More
Cause. With respect to a Grantee, (a) such Grantee being charged or indicted for a felony involving the Company or any Affiliate's business, or being convicted of any other felony (or guilty plea, or nolo contendere plea in connection therewith), (b) such Grantee's willfully and materially defrauding the Company or any Affiliate, or (c) such Grantee's committing a willful and material breach of such Grantee's obligations to protect the Company or any Affiliate's confidential information, such... Grantee's obligation of loyalty to the Company or any Affiliate or such Grantee's obligation to comply with the Company or any Affiliate's Code of Ethics or any other compliance regulations, policies or procedures, (d) the gross negligence or willful misconduct of such Grantee in the performance of such Grantee's duties which gross negligence or willful misconduct has the purpose, or the reasonable likely effect, of causing material harm to the Company or any Affiliate, or (e) such Grantee fails to maintain in good standing any and all licenses, registrations or other permits necessary for the performance of his duties hereunder. For purposes of the definition of Cause, "materially," and "material" shall mean damages caused to the Company or any Affiliate in excess of $100,000 or any significant damage to the reputation of the Company or any Affiliate View More
Cause. The meaning set forth in the Operating Agreement, provided that references to an "Employee Member" shall be replaced by references to a "Participant"
Cause. The meaning ascribed to such term in any employment agreement other similar agreement between the Participant and the Company, or, if no such agreement exists or the provisions of such agreements conflict, a termination by the Company of the Participant's employment or a termination by the Participant of the Participant's employment, in either case following the occurrence of any of the following events: (i) the Participant's willful and continued failure to perform, or gross negligence or... willful misconduct in the performance of, his or her material duties with respect to the Company which, if curable, continues beyond ten business days after a written demand for substantial performance is delivered to the Participant by the Company; or (ii) Participant's conviction of, or a plea of nolo contendere to, a crime constituting a felony under the laws of the United States or any state thereof; (iii) the Participant's committing or engaging in any act of fraud, embezzlement, theft or other act of dishonesty against the Company or its subsidiaries that causes material injury, monetarily or otherwise, to the Company; or (iv) the Participant's breach of his or her non-competition or non-solicitation obligations in any agreement with the Company that causes material injury, monetarily or otherwise, to the Company View More
Cause. (i) the Director's commission of a felony or a crime involving moral turpitude, or other material act or omission involving dishonesty or fraud, (ii) the Director's engaging in conduct that would bring or is reasonably likely to bring the Company or any of its Affiliates or Subsidiaries into public disgrace or disrepute or that would affect the Company's or any Affiliate's or Subsidiary's business in any material way, (iii) the Director's failure to perform duties as reasonably directed by the... Board (which, if reasonably curable, is not cured within 10 days after notice thereof is provided to the Director) or (iv) the Director's gross negligence, willful malfeasance or material act of disloyalty or other breach of fiduciary duty with respect to the Company or its Affiliates or Subsidiaries (which, if reasonably curable, is not cured within 10 days after notice thereof is provided to the Director). Any determination of whether Cause exists shall be made by the Committee in its sole discretion. View More
Cause. For purposes of this Agreement, "Cause" will mean: (i) Acts or omissions constituting gross negligence, recklessness or willful misconduct on the part of Executive with respect to Executive's obligations under this Agreement or otherwise relating to the business of Company; (ii) Any act of personal dishonesty taken by Executive in connection with his responsibilities as an Executive of the Company with the intention or reasonable expectation that such action may result in the substantial... personal enrichment of Executive; (iii) A breach of a fiduciary duty by means of embezzlement or any criminal misconduct that has a material detrimental effect on the Company's reputation or business; (iv) Executive (A) obstructing or impeding; (B) endeavoring to obstruct, impede or improperly influence, or (C) failing to materially cooperate with, any investigation authorized by the Board or any governmental or self-regulatory entity (an "Investigation"). However, 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". The Company will not attempt to terminate Executive for Cause pursuant to subsections (iii) and (iv) above without first providing Executive with written notice of the event that the Company believes constitutes Cause, specifically identifying the acts or omissions constituting the grounds for Cause and a reasonable cure period of not less than twenty (20) days. View More
Cause. The Company shall have "Cause" to terminate the Executive's employment hereunder upon: (i) the Board's determination that the Executive failed to carry out, or comply with, in any material respect any reasonable directive of the Board (unless the Executive reasonably believes such directive represents an illegal, unethical or immoral act); (ii) the Executive's willful misconduct, gross negligence or a breach of fiduciary duty to the Company or any Affiliate that, in each case or in the... aggregate, results in material harm to the Company or any Affiliate; (iii) willful and material breach of this Agreement; (iv) the Executive's conviction, plea of no contest, plea of nolo contendere, or imposition of unadjudicated probation for any felony or crime involving moral turpitude; (v) the Executive's unlawful use (including being under the influence) or possession of illegal drugs on the Company's (or any Affiliate's) premises or while performing the Executive's duties and responsibilities under this Agreement; or (vi) the Executive's commission of an act of fraud, embezzlement, or misappropriation, in each case, against the Company or any Affiliate. Notwithstanding the foregoing, the Company may not terminate the Executive's employment for Cause unless, to the extent the alleged violation is curable, (A) the Company provided the Executive with at least 30 days prior written notice of its intent to terminate his employment for Cause; and (B) the Executive has not remedied the alleged violation(s) within the 30-day period. View More
Cause. Any one of more of the following: (i) willful breach of any material written policy of the Company that results in material and demonstrable liability or loss to the Company or its affiliates; (ii) conduct by the Executive involving moral turpitude that causes material and demonstrable injury, monetarily or otherwise, to the Company or its affiliates including, but not limited to, misappropriation or conversion of assets of the Company or its affiliates (other than immaterial assets); ... (iii) conviction of or entry of a plea of nolo contendere to a felony; or (iv) material breach of this Agreement, including but not limited to any action by the Executive that violates the terms of Section 9 of this Agreement View More
Cause. (a) Executive's willful misconduct with regard to the Company; (b) any act involving fraud or material dishonesty in connection with the business of the Company or its affiliates; (c) a material violation of the Company's code of conduct or other policy; or (d) conviction of, or a plea of nolo contendere to, any felony whatsoever.
Cause. Shall mean "Cause" as such term may be defined in any employment agreement or other severance agreement in effect at the time of termination of employment between the Participant and ISG or any of its subsidiaries, or, if there is no such employment or severance agreement, "Cause" shall mean, with respect to a Participant: (a) willful and continued failure to perform his or her material duties with respect to ISG or its subsidiaries which continues beyond ten business days after a written... demand for substantial performance is delivered to the Participant by ISG or any of its subsidiaries; (b) any act involving fraud or material dishonesty in connection with the business of ISG or its subsidiaries; (c) a material violation of the Company's code of conduct or other policy; (d) assault or other unlawful act of violence; or (e) conviction of, or a plea of nolo contendere to, any felony whatsoever or any misdemeanor that would preclude employment under the Company's hiring policy. View More
All Definitions