Termination For Cause Definition Example with 6 Variations

Termination For Cause. Shall The phrase "Termination for Cause" shall mean termination of employment because of, in the good faith determination of the Board, Board of Directors of the Bank, the Executive's: (1) personal (i)personal dishonesty; (2) incompetence; (3) willful (ii)incompetence; (iii)willful misconduct; (4) breach (iv)breach of fiduciary duty involving personal profit; (5) material (v)material breach of the Bank's Code of Ethics; (6) material (vi)material violation of the Sarbanes-Oxley requirements for... officers of public companies that in the reasonable opinion of the Board of Directors will likely cause substantial financial harm or substantial injury to the reputation of the Bank; (7) intentional (vii)intentional failure to perform the Executive's stated duties; (8) willful duties under this Agreement after written notice thereof from the Board of Directors; (viii)willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) material (ix)material breach by the Executive of any provision of this Agreement. A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under the By-laws of the Bank, upon a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), or (9) above has occurred and specifying the particulars thereof in detail. View More

Termination For Cause. Shall shall mean termination because of, in the good faith determination of the Board, Executive's: (1) personal dishonesty; (2) incompetence; (3) willful misconduct; (4) breach of fiduciary duty involving personal profit; (5) material breach of the Bank's Code of Ethics; (6) material violation of the Sarbanes-Oxley requirements for officers of public companies that in the reasonable opinion of the Board will likely cause substantial financial harm or substantial injury to the reputation of the... Bank; (7) intentional failure to perform stated duties; duties under this Agreement after written notice thereof from the Board; (8) willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) material breach by Executive of any provision of this Agreement. 3 A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under at which the By-laws of the Bank, upon Board makes a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), or (9) above has occurred and specifying the particulars thereof in detail. View More

Termination For Cause. Shall shall mean termination because of, in the good faith determination of the Board, Executive's: (1) personal dishonesty; (2) incompetence; (3) willful misconduct; (4) breach of fiduciary duty involving personal profit; (5) material breach of the Bank's Code of Ethics; (6) material violation of the Sarbanes-Oxley requirements for officers of public companies that in the reasonable opinion of the Board will likely cause substantial financial harm or substantial injury to the reputation of the... Bank; (7) intentional failure to perform stated duties; duties under this Agreement after written notice thereof from the Board; (8) willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) material breach by Executive of any provision of this Agreement. 3 A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under at which the By-laws of the Bank, upon Board makes a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), or (9) above has occurred and specifying the particulars thereof in detail. View More

Termination For Cause. Shall shall mean termination because of, in the good faith determination of the Board, Executive's: (1) personal dishonesty; (2) incompetence; (3) willful misconduct; (4) breach of fiduciary duty involving personal profit; (5) material breach of the Bank's Code of Ethics; (6) material violation of the Sarbanes-Oxley requirements for officers of public companies that in the reasonable opinion of the Board will likely cause substantial financial harm or substantial injury to the reputation of the... Bank; (7) intentional failure to perform stated duties; (8) willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) (7) material breach by Executive of any provision of this Agreement. A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under at which the By-laws of the Bank, upon Board makes a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), (6) or (9) (7) above has occurred and specifying the particulars thereof in detail. View More

Termination For Cause. Shall shall mean termination because of, in the good faith determination of the Board, Executive's: (1) personal dishonesty; (2) incompetence; (3) willful misconduct; (4) breach of fiduciary duty involving personal profit; (5) material breach of the Bank's Code of Ethics; (6) material violation of the Sarbanes-Oxley requirements for officers of public companies that in the reasonable opinion of the Board will likely cause substantial financial harm or substantial injury to the reputation of the... Bank; (7) intentional failure to perform stated duties; (8) willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) (7) material breach by Executive of any provision of this Agreement. A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under at which the By-laws of the Bank, upon Board makes a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), (6) or (9) (7) above has occurred and specifying the particulars thereof in detail. View More

Termination For Cause. Shall shall mean termination because of, in the good faith determination of the Board, Executive's: (1) personal dishonesty; (2) incompetence; (3) willful misconduct; (4) breach of fiduciary duty involving personal profit; (5) material breach of the Bank's Code of Ethics; (6) material violation of the Sarbanes-Oxley requirements for officers of public companies that in the reasonable opinion of the Board will likely cause substantial financial harm or substantial injury to the reputation of the... Bank; (7) intentional failure to perform stated duties; duties under this Agreement after written notice thereof from the Board; (8) willful violation of any law, rule or regulation (other than traffic violations or similar offenses), offenses) that reflect adversely on the reputation of the Bank, any felony conviction, any violation of law involving moral turpitude, or any violation of a final cease-and-desist order; or 3 (9) material breach by Executive of any provision of this Agreement. A determination of whether Executive's employment shall be terminated for Cause shall be made at a meeting of the Board called and held for such purpose, or in such other manner as is permitted under the By-laws of the Bank, upon a finding that in good faith opinion of the Board an event set forth in clauses (1), (2), (3), (4), (5), (6), (7), (8), or (9) above has occurred and specifying the particulars thereof in detail. View More