Serious Reason

Example Definitions of "Serious Reason"
Serious Reason. A serious reason pursuant to Article 2094 of the CCQ and includes, without limitation, (a) the Executive's breach of a material term of this Agreement; (b) the Executive's conviction of a criminal offence involving fraud or dishonesty, or which otherwise adversely impacts the reputation of the Company; (c) the Executive directly or indirectly making personal profit out of or in connection with a transaction or business opportunity to which the Company is involved or otherwise associated with,... without making disclosure to and seeking the prior written consent of the Company; (d) the Executive's failure to comply with any Company rules or policies of a material nature; (e) the Executive's continued failure to substantially perform their job duties; (f) any actions or omissions on the Executive's part constituting gross misconduct or negligence in connection with the business of the Company View More
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