Just Cause Termination

Just Cause Termination. Shall mean a termination by the Corporation of the Executive's employment in connection with the good faith determination of the Corporation's Board of Directors that the Executive has engaged in: (i) any material breach of any written agreement between Executive and the Corporation, if such breach causes material harm to the Corporation; (ii) any gross negligence or willful misconduct by Executive in... performance of duties to the Corporation that causes material harm to the Corporation; (iii) the substantial and repeated failure of Executive to follow the lawful written directions of the Board or to the person whom Executive reports; (iv) commission of a felony under the laws of the United States or any state thereof; (v) commission of any material act of fraud, embezzlement or dishonesty; or (vi) the abuse of alcohol or controlled substances that has a materially detrimental effect upon Executive's performance of his duties. View More

Just Cause Termination. Is a termination of the Participant's employment with the Company or a Subsidiary for cause.

Just Cause Termination. Means a termination by the Company of an Optionee's employment by and/or service to the Company (or if the Optionee is a director, removal of the Optionee from the Board by action of the stockholders or, if permitted by applicable law and the by-laws of the Company, the other directors), in connection with the good faith determination of the Company's board of directors (or of the Company's stockholders if the Optionee is a director and the removal of the Optionee from the Board is by action of... the stockholders, but in either case excluding the vote of the Optionee if he or she is a director or a stockholder) that the Optionee has engaged in any acts involving dishonesty or moral turpitude or in any acts that materially and adversely affect the business, affairs or reputation of the Company or its subsidiaries; View More