Misconduct

Example Definitions of "Misconduct"
Misconduct. That the Committee (or its delegate) has determined in its sole discretion that the Employee has: (i) engaged in competition with the Corporation or a Subsidiary or an Affiliate, including, but not limited to, the rendering of services for any organization or engaging directly or indirectly in any business that is or may be (in the reasonable discretion of the Committee) directly or indirectly competitive with the Corporation or a Subsidiary or an Affiliate; (ii) induced any customer of the... Corporation or a Subsidiary or an Affiliate to breach any contract with the Corporation or a Subsidiary or an Affiliate, or induced any employee of the Corporation or a Subsidiary or an Affiliate to be employed or perform services elsewhere; (iii) made any unauthorized disclosure of any of the secrets or confidential information of the Corporation or a Subsidiary or an Affiliate; (iv) committed an act of embezzlement, fraud or theft with respect to the property of the Corporation or a Subsidiary or an Affiliate; (v) engaged in conduct which is not in good faith and which directly results in material loss, damage or injury to the business, reputation or employees of the Corporation or a Subsidiary or an Affiliate; (vi) committed an act that could (either alone or with other acts) be considered harassment or discrimination on the basis of gender, race, age, religion, sexual orientation or other protected category; or (vii) committed an alcohol or drug offense in violation of the Corporation's or a Subsidiary's or an Affiliate's Substance Abuse Policy for salaried employees View More
Misconduct. A Participant is determined by the Administrator to have: (i) committed an act of theft, embezzlement, fraud, dishonesty or other criminal act, (ii) breached a fiduciary duty owed to the Company (or Affiliate), (iii) deliberately disregarded rules of the Company (or Affiliate), (iv) made any unauthorized disclosure of any of the trade secrets or confidential information of the Company (or Affiliate), (v) engaged in any conduct constituting unfair competition with the Company (or Affiliate),... (vi) induced any customer of the Company (or Affiliate) to break any contract with the Company (or Affiliate), or (vii) induced any principal for whom the Company (or Affiliate) acts as agent to terminate such agency relationship View More
Misconduct. The commission of any act of fraud, embezzlement or dishonesty by the Participant, any unauthorized use or disclosure by the Participant of confidential information or trade secrets of the Corporation (or any Parent or Subsidiary), or any other intentional misconduct by the Participant adversely affecting the business or affairs of the Corporation (or any Parent or Subsidiary) in a material manner. The foregoing definition shall not in any way preclude or restrict the right of the Corporation... (or any Parent or Subsidiary) to discharge or dismiss the Participant or any other person in the Service of the Corporation (or any Parent or Subsidiary) for any other acts or omissions, but such other acts or omissions shall not be deemed, for purposes of the Plan or this Agreement, to constitute grounds for termination for Misconduct. View More
Misconduct. Shall be determined by the Company in its sole discretion and shall include, but not be limited to, any act detrimental to the business or reputation of the Company, any act determined to be a deliberate disregard of the Company's or Affiliate's rules or policies, or any violation of any confidentiality, non-solicitation or non-competition restriction applicable to the Grantee.
Misconduct. The commission of any act of fraud, embezzlement or dishonesty by the Participant, any unauthorized use or disclosure by such person of confidential information or trade secrets of the Company (or any Parent or Subsidiary), or any intentional wrongdoing by such person, whether by omission or commission, which adversely affects the business or affairs of the Company (or any Parent or Subsidiary) in a material manner. This shall not limit the grounds for the dismissal or discharge of any person... in the service of the Company (or any Parent or Subsidiary) View More
Misconduct. Will have the meaning ascribed to such term in any written agreement between the Participant and the Company defining such term and, in the absence of such agreement, such term means, with respect to a Participant: (i) the commission of any act of fraud, embezzlement or dishonesty by the Participant, (ii) any unauthorized use or disclosure by such person of confidential information or trade secrets of the Company or any Affiliate, or (iii) any other intentional misconduct by such person... adversely affecting the business or affairs of the Company or any Affiliate in a material manner. The foregoing definition will not in any way preclude or restrict the right of the Company or any Affiliate to discharge or dismiss the Participant for any other acts or omissions, but such other acts or omissions will not be deemed, for the purposes of the Plan, to constitute grounds for termination for Misconduct View More
Misconduct. Means any act or failure to act that (i) caused or was intended to cause a violation of the policies of the Company or a Subsidiary or an Affiliate, generally accepted accounting principles or any applicable laws in effect at the time of the acts or failures and (ii) materially increased the value of the compensation received by the Participant.
Misconduct. Conduct of a Participant that, in the Committee's judgment, constitutes: (i) a commission of an act of theft, embezzlement, fraud, dishonesty, or other criminal act, harmful to the Company or a Subsidiary, (ii) a breach of a fiduciary duty owed to the Company or a Subsidiary, (iii) a deliberate and serious disregard of rules of the Company or a Subsidiary, (iv) an unauthorized disclosure of any of the trade secrets or confidential information of the Company or a Subsidiary, or (v) competition... with the Company or a Subsidiary. View More
Misconduct. Means any act or failure to act that (i) contributes to the Company having to restate all or a portion of its financial statements and (ii) materially increases the value of the compensation received by the Participant
Misconduct. An act of embezzlement, fraud, dishonesty, nonpayment of any obligation owed to the Company (or a Subsidiary), breach of fiduciary duty or deliberate disregard of Company (or Subsidiary) rules; an unauthorized disclosure of any Company (or Subsidiary) trade secret or confidential information; any conduct constituting unfair competition; inducing any customer of the Company (or a Subsidiary) to breach a contract with the Company (or a Subsidiary) or any principal for whom the Company (or a... Subsidiary) acts as agent to terminate such agency relationship; or engaging in any other act or conduct proscribed by the senior human resources officer as Misconduct View More
All Definitions