Termination for Cause or Terminate for Cause

Termination for Cause or Terminate for Cause. Shall mean the termination of Ginsburg's employment by, or service to, the Company because Ginsburg (i) engaged in one or more acts constituting a felony; (ii) willfully engaged in one or more acts involving actual fraud; or (iii) willfully misappropriated Company assets or willfully engaged in misconduct either of which is materially injurious to the Company or its affiliates. For purposes of this Agreement, the term "willful" ... means an act done, or omitted to be done, in bad faith, provided that Ginsburg knew or reasonably should have known that the act or omission was not in the best interest of the Company. View More