Suspend Suspended or Suspension

Suspend Suspended or Suspension. When referring to the employment of an Optionee, shall mean the reasonable determination by the Board of Directors or the President of the Company that the Optionee's performance of his duties or the Optionee's conduct warrants an investigation by management in order to determine whether or not the Optionee's employment should be terminated. The duties of an Optionee may, but need not be, limited by management while the Optionee's employment is so... Suspended, and the Optionee will be deemed by management to be an employee who is not in good standing. View More

Suspend Suspended or Suspension. When referring to the employment of an Officer, shall mean the reasonable determination by the Board or the President of the Company that the Officer's performance of his or her duties or such Officer's conduct warrants an investigation by management in order to determine whether or not the Officer's employment should be terminated. The duties of an Officer may, but need not, be limited by management while the Officer's employment is so Suspended, and the... Officer will be deemed by management to be an employee who is not in good standing. View More