For Cause

Example Definitions of "For Cause"
For Cause. Shall mean (i) Participant shall have committed a felony, fraud, theft, embezzlement involving the assets of the Company; (ii) Participant willfully violates or causes the Company to violate, in a material respect, any statute, law, ordinance, rule or regulation relating to, or written policy of, the Company, which violation results in a material adverse effect to Company's business or financial condition; (iii) Participant engages in any activity which is outside the scope of Participant's... authority and can reasonably be expected to have a material adverse effect on the Company's business. View More Arrow
For Cause. Shall be defined as provided in the Holder's Employment Agreement with the Company dated January 13, 2006, as the same may be amended from time to time, or if expired or superceded, by the then effective employment agreement between Holder and the Company.
For Cause. Means the termination of Mr. Chabraja's employment as a direct result of any of the following acts: (i) the commission of a felony or a crime involving dishonesty or fraud which materially and adversely affects the Corporation or any of its affiliates, (ii) a material violation of the Corporation's standards of business ethics and conduct, or (iii) individually filing or participating in a lawsuit against the Corporation during Active Employment with the Corporation.
For Cause. A termination by the Company effected by a written notice of termination For Cause as a result of Executive's: (i) willful misconduct with regard to the Company or its business, assets or employees; (ii) refusal to follow the proper written direction of the Board of Directors of the Company (the "Board") or a more senior officer of the Company, provided that the foregoing refusal shall not be "For Cause" if in good faith Executive believes that such direction is illegal, unethical or immoral... and Executive promptly so notifies the Board or the more senior officer (whichever is applicable); (iii) conviction of (or pleading of nolo contendere to) a felony (other than a traffic violation); (iv) breach of any fiduciary duty owed to the Company or any affiliate; or (v) dishonesty, misappropriation or fraud with regard to the Company (other than good faith expense account disputes). View More Arrow
For Cause. (i) conduct by Executive constituting a material act of willful misconduct in connection with the performance of his duties, including, without limitation, misappropriation of funds or property of the Company or any of its affiliates other than the occasional, customary and de minimis use of Company property for personal purposes; (ii) criminal or civil conviction of Executive, a plea of nolo contendere by Executive or conduct by Executive that would reasonably be expected to result in material... injury to the reputation of the Company if he were retained in his position with the Company, including, without limitation, conviction of a felony involving moral turpitude; (iii) continued, willful and deliberate non• performance by Executive of his duties hereunder (other than by reason of Executive's physical or mental illness, incapacity or disability) which has continued for more than thirty (30) days following written notice of such non-performance from the Board of Directors of the Company (the "Board"); or (iv) a violation by Executive of the Company's employment policies which has continued following written notice of such violation from the Board. View More Arrow
For Cause. Termination of a Participant's employment for: (i) conviction of a felony; (ii) a willful failure to deal fairly with the Company or its Subsidiaries with a matter in which the officer or employee has a material conflict of interest; (iii) a transaction from which the officer or employee derived an improper personal profit; or (iv) willful misconduct
For Cause. The occurrence of any of the following events: (a) Participant fails after three day's written notice to comply or refuses to comply with a reasonable directive of the Board that is consistent with applicable law; or (b) Participant materially neglects Participant's duties, is grossly negligent in the performance of those duties, or engages in gross misconduct materially injurious the Company; or (c) embezzlement, fraud or theft of Company assets by the Participant; or (d) Participant's... material breach of the Agreement granting Stock Options; or (e) Participant's indictment or conviction of a felony View More Arrow
For Cause. Shall mean any act of: (i) fraud or intentional misrepresentation, or (ii) embezzlement, misappropriation or conversion of assets or opportunities of the Company or any Affiliate. The determination of the Committee as to the existence of circumstances warranting a termination For Cause shall be conclusive.
For Cause. In the context of a basis for termination of Employee's employment with the Company, that: (a) Employee breaches any material obligation, duty or agreement under this Agreement, which breach is not cured or corrected within 15 days of written notice thereof from the Company (except for breaches of Sections 1.3 and/or 6, which cannot be cured and for which the Company need not give any opportunity to cure); (b) Employee is grossly negligent in the performance of services to the Company, or... commits any act of personal dishonesty, fraud, undisclosed conflict of interest, breach of fiduciary duty or trust that, in the reasonable judgment of the Board renders Employee unsuitable for his position; or (c) Employee is indicted for, convicted of, or pleads guilty or nolo contendere with respect to, theft, fraud, a crime involving moral turpitude, or a felony under federal or applicable state law; or (d) Employee commits any act of personal conduct that, in the reasonable opinion of the Board, gives rise to a material risk of liability under federal or applicable state law for discrimination or sexual or other forms of harassment or other similar liabilities to subordinate employees; or (e) Employee commits continued or repeated substantive violations of specific written directions of the Board, which directions are consistent with this Agreement and Employee's position as an employee or continued or repeated substantive failure to perform duties assigned by or pursuant to this Agreement; provided that no discharge shall be deemed for Cause under this subsection (e) unless Employee first receives written notice from the Company advising him of the specific acts or omissions alleged to constitute violations of written directions or a material failure to perform his duties, and such violations or material failure continue after he shall have had a reasonable opportunity to correct the acts or omissions so complained of; or (f) Employee is found liable in any SEC or other civil or criminal securities law action or entering any cease and desist order with respect to such action (regardless of whether or not Employee admits or denies liability); or (g) Employee breaches his fiduciary duties to the Company or engages in intentional misconduct with respect to working for the Company and such breach(es) or misconduct may reasonably be expected to have a material adverse effect on the Company; or (h) Employee (a) obstructs or impedes, (b) endeavors to influence, obstruct or impede, or (iii) fails to materially cooperate with, any investigation authorized by the Board or any governmental or self-regulatory entity (an "Investigation"); or (c) removes, conceals, destroys, purposely withholds, alters or by any other means falsifies any material that is requested in connection with an Investigation, provided that Employee's failure to waive attorney-client privilege relating to communications with Employee's attorney in connection with an Investigation shall not constitute "Cause." View More Arrow
For Cause. Any termination of an Optionee's employment with the Company due to (i) conviction of a felony; (ii) Optionee's refusal, after at least 30 days advance written notice from the Board of Directors, to carry out a direct order of the Board of Directors (other than an order to relocate Optionee more than 25 miles from his place of employment); or (iii) a finding by the Board of Directors that Optionee has defrauded the Company or any affiliate of the Company
All Definitions