Negative Event

Negative Event. Means (i) that the Company, LECG or any of their respective officers or directors are convicted of or found liable for a violation of the securities laws or for acts involving fraud, breach of fiduciary duty or moral turpitude, (ii) the indictment of the Company or LECG, or any of their respective officers, or any member of the Board in his or her official capacity for a violation of the securities laws, or for acts involving fraud, breach of fiduciary duty or moral turpitude that has a... material, adverse impact on the Executive Director's ability to continue his consulting practice with LECG as determined by final binding arbitration under Section 15.5 hereof, or (iii) a material change by the Company in its conflicts or staffing policies that has a material, adverse impact on the Executive Director's ability to continue his consulting practice with LECG as determined by final binding arbitration under Section 15.5 hereof. View More