Detrimental Activity

Detrimental Activity. The term "Detrimental Activity" shall have the meaning given to such term in the Plan.

Detrimental Activity. Shall mean (A) the failure to comply with the terms of this Agreement or the Plan; (B) the failure to comply with any post-termination provision set forth in an employment agreement or other agreement as to terms of employment; (C) the commission of any act for which either criminal or civil penalties may be sought; (D) the willful violation of any of the Company's written policies; (E) engaging in any activity which is in violation of any of the provisions of Section 10 hereof.

Detrimental Activity. Any of the following: (i) unauthorized disclosure of any confidential or proprietary information of any member of the Company Group; (ii) any activity that would be grounds to terminate the Participant's employment or service with the Service Recipient for Cause; or (iii) a breach by the Participant of any restrictive covenant by which such Participant is bound, including, without limitation, any covenant not to compete or not to solicit, in any agreement with any member of the Company Group

Detrimental Activity. Means, except as otherwise provided in an Award Agreement, any one or more of the following activities in which the Committee determines in its sole and absolute discretion that an employee has engaged without the written consent of the Company: (i) breach or violation of any employment-related agreement between the employee and the Company or any Subsidiary; (ii) breach or violation of any other written agreement or release of claims between the employee and the Company or any Subsidiary;... (iii) violation of a written policy of the Company or any Subsidiary which violation is determined by the Committee in its sole discretion to be detrimental to the Company or any Subsidiary; (iv) improper use or disclosure, either during or subsequent to the employee's employment with the Company or any Subsidiary, of any proprietary or confidential information of the Company or any Subsidiary; (v) conviction of, or entering a guilty plea with respect to, any felony crime, whether or not connected with the Company or any Subsidiary; (vi) entering into employment or a consulting relationship with a competitor of the Company or any Subsidiary under circumstances suggesting that such employee will be using unique or special knowledge gained as an employee of the Company or any Subsidiary to compete with the Company or any Subsidiary; (vii) solicitation or attempted solicitation of employees from the Company or any Subsidiary; (viii) use of information obtained during the course of the employee's employment with the Company or any Subsidiary for the employee's own purposes, such as for the solicitation of business; (ix) engaging in either gross misconduct or criminal activity harmful to the Company or any Subsidiary; or (x) any other action that materially harms the business interests, reputation, or goodwill of the Company or any Subsidiary of the Company. View More

Detrimental Activity. Shall include, unless otherwise modified by the Company in connection with a Change in Control: (i) rendering services for any person or organization, or engaging directly or indirectly in any business, which is or becomes competitive with the Company or any Affiliate; (ii) disclosing to anyone outside the Company or any Affiliate, other than the Company's or any Affiliate's business, without prior written authorization from the Company or any Affiliate, any Confidential Information; (iii)... soliciting, interfering, inducing, or attempting to cause any employee of the Company or any Affiliate to leave his or her employment, whether done on the Holder's own account or on account of any person, organization, or business which is or becomes competitive with the Company or any Affiliate; or (iv) directly or indirectly soliciting the trade or business of any customer of the Company or any Affiliate. View More

Detrimental Activity. Except as may be otherwise specified in a Participant's Award Agreement, means: (a) Engaging in any activity of competition, as specified in any covenant not to compete set forth in any agreement between a Participant and the Company or a Subsidiary, including, but not limited to, the Participant's Award Agreement or any severance plan maintained by the Company or a Subsidiary that covers the Participant, during the period of restriction specified in the agreement or plan prohibiting the... Participant from engaging in such activity; (b) Engaging in any activity of solicitation, as specified in any covenant not to solicit set forth in any agreement between a Participant and the Company or a Subsidiary, including, but not limited to, the Participant's Award Agreement or any severance plan maintained by the Company or a Subsidiary that covers the Participant, during the period of restriction specified in the agreement or plan prohibiting the Participant from engaging in such activity; (c) The disclosure of confidential information to anyone outside the Company or a Subsidiary, or the use in other than the Company's or a Subsidiary's business in violation of any covenant not to disclose set forth in any agreement between a Participant and the Company or a Subsidiary, including, but not limited to, the Participant's Award Agreement or any severance plan maintained by the Company or a Subsidiary that covers the Participant, during the period of restriction specified in the agreement or plan prohibiting the Participant from engaging in such activity; (d) The violation of any development and inventions, ownership of works, or similar provision set forth in any agreement between a Participant and the Company or a Subsidiary, including, but not limited to, the Participant's Award Agreement or any severance plan maintained by the Company or a Subsidiary that covers the Participant; (e) Participant's commission of any act of fraud, misappropriation or embezzlement against or in connection with the Company or any of its Subsidiaries or their respective businesses or operations; or (f) a conviction, guilty plea or plea of nolo contendere of Participant for any crime involving dishonesty or for any felony View More

Detrimental Activity. (i)the Participant's willful and continued failure to substantially perform the Participant's employment duties in any material respect (other than any such failure resulting from Disability), after a written demand for substantial performance is delivered to the Participant that specifically identifies the manner in which the Company believes the Participant has failed to perform the Participant's duties, and after the Participant has failed to resume substantial performance of the... Participant's duties on a continuous basis within thirty (30) calendar days of receiving such demand;(ii)the Participant's willfully engaging in other conduct which is demonstrably and materially injurious to the Company or an affiliate; (iii)the Participant's having been convicted of, or pleading guilty or nolo contendere to, a felony under federal or state law; or(iv)the Participant's breach of any provision of the Confidentiality and Non-Compete Agreement. View More

Detrimental Activity. Except as may be otherwise specified in a Participant's Award Agreement, means

Detrimental Activity. The term 'Detrimental Activity' shall mean the occurrence of actions described in clause (i) (relating to competition), (ii) (relating to confidentiality), or (iv) (relating to solicitation), all as set forth under the definition of 'Cause' above.

Detrimental Activity. The term "Detrimental Activity" shall mean (i) the rendering of services for any organization or engaging directly or indirectly in any business which is or becomes competitive with the Company or the Subsidiaries (including, without limitation, Financial Security Assurance Inc., MBIA, Inc., AMBAC Financial Group Inc., and Radian Group Inc.), or which organization or business, or the rendering of services to such organization or business, is or becomes otherwise prejudicial to or in conflict... with the interests of the Company or the Subsidiaries; (ii) the disclosure to anyone outside the Company or the Subsidiaries, or the use in other than the Company's or the Subsidiaries' business, without prior written authorization from the Company or the Subsidiaries, of any confidential information or material, relating to the business of the Company or the Subsidiaries, acquired by the Participant either during or after employment with the Company or the Subsidiaries; (iii) a violation of any rules, policies, procedures or guidelines of the Company or the Subsidiaries, including but not limited to the Company's business conduct guidelines; (iv) any attempt directly or indirectly to induce any employee of the Company to be employed or perform services elsewhere or any attempt directly or indirectly to solicit the trade or business of any current or prospective customer, supplier or partner of the Company; (v) the Participant being convicted of, or entering a guilty plea with respect to, a crime, whether or not connected with the Company; or (vi) any other conduct or act determined to be injurious, detrimental or prejudicial to any interest of the Company. Notwithstanding the foregoing, activity occurring after the Date of Termination shall constitute Detrimental Activity only if it is described in clause (i) (relating to competition), (ii) (relating to confidentiality), or (iv) (relating to solicitation) above. View More