Termination For Cause

Termination For Cause. Is termination of the Employee's employment as a result of (a) the Employee's willful misconduct or the Employee's dishonesty towards, fraud upon, crime against or deliberate or attempted injury or bad faith action with respect to ADAP; or (b) the Employee's conviction for a felony (whether in connection with ADAP's affairs or otherwise).

Termination For Cause. Means a termination: (i) due to the Participant's willful and continuous gross neglect of his or her duties for which he or she is employed, or (ii) due to an act of dishonesty on the part of the Participant constituting a felony resulting or intended to result, directly or indirectly, in his or her gain for personal enrichment at the expense of the Corporation or a Subsidiary.

Termination For Cause. Means a termination of Executive's employment by the Company as a result of: (i) Executive's fraud or misappropriation with respect to the business of the Company or intentional damage to the property or business of the Company or any substantial asset; (ii) willful failure by Executive to perform his duties and responsibilities and to carry out his authority; (iii) willful malfeasance or misfeasance... or breach of fiduciary duty or misrepresentation to the Company or its stockholders; (iv) willful failure to act in accordance with any specific lawful instructions of the Chairman and CEO or a majority of the Board of Directors of the Company; or (v) conviction of Executive of a felony. View More

Termination For Cause. Shall mean: a conviction of any crime involving the misuse or misappropriation of Company assets; (i) Executive receives written notice of a material violation of Company policy that is not cured within 30 days; (ii) a material violation of any rule or regulation of any regulatory body to which the Company or any subsidiary partnership is subject; or (iii) a material breach by the Executive of Executive's fiduciary responsibilities to the Company.

Termination For Cause. Means the termination by the Company or any Subsidiary of Optionee's employment with the Company or any Subsidiary as a result of (i) the commission by Optionee of an act of gross negligence, willful misconduct, fraud, embezzlement, misappropriation or breach of fiduciary duty against the Company or any of its affiliates or Subsidiaries, or the conviction of Optionee by a court of competent jurisdiction of, or a plea of guilty or nolo contendere to, any felony or any crime involving moral... turpitude or any crime which reasonably could affect the reputation of the Company or the Optionee's ability to perform the duties required under his employment agreement, if any, with the Company or any Subsidiary, (ii) the commission by Optionee of a material breach of any of the covenants in his employment agreement, if any, with the Company or any Subsidiary or the Stockholders Agreement, which breach has not been remedied within 30 days of the delivery to the Optionee by the Board of written notice of the facts constituting the breach, and which breach if not cured, would have a material adverse effect on the Company, or (iii) the habitual and willful neglect by Optionee of his obligations under his employment agreement, if any, with the Company or any Subsidiary or the Optionee's duties as an employee of the Company or any Subsidiary. View More

Termination For Cause. The Corporation shall have "Cause" to terminate the Executive's employment hereunder upon (A) the willful and continued refusal by the Executive to substantially perform his or her duties with the Corporation (other than any such refusal resulting from his or her incapacity due to a Disability), (B) failure of the Executive to comply with any applicable law or regulation affecting the Corporation's business, (C) the commission by the Executive of an act of fraud upon or an act evidencing bad... faith or dishonesty toward the Corporation, (D) conviction of the Executive of any felony or misdemeanor involving moral turpitude, (E) the misappropriation by the Executive of any funds, property, or rights of the Corporation, or (F) the Executive's breach of any of the provisions of this Agreement. View More

Termination For Cause. Means a termination of the employment of Optionee by the Company or any Subsidiary for any of the following reasons. (i) In the case where there is an employment, change of control or similar agreement in effect between Optionee and the Company or any Subsidiary that defines 'cause' (or similar words), the termination of an employment arrangement that is or would be deemed to be for 'cause' (or similar words) as defined in such agreement. (ii) In the case where there is no employment, change of... control or similar agreement in effect between Optionee and the Company or any Subsidiary, or where there is such an agreement but the agreement does not define 'cause' (or similar words), the termination of Optionee's employment due to: (1) The commission by Optionee, as reasonably determined by the Committee, of any theft, embezzlement or felony against the Company or any Subsidiaries; (2) The commission of an unlawful or criminal act by Optionee resulting in material injury to the business or property of the Company or Subsidiaries or of an act generally considered to involve moral turpitude, all as reasonably determined by the Committee; (3) The commission of an intentional act by Optionee in the performance of Optionee's duties as an employee of the Company or any Subsidiary amounting to gross negligence or misconduct or resulting in material injury to the business or property of the Company or Subsidiaries, all as reasonably determined by the Committee; or (4) The habitual drunkenness or drug addiction of Optionee, as reasonably determined by the Committee. View More

Termination For Cause. The termination of the Employee's employment with the Company by the Company for "cause" as such term (or any similar term) is defined in the Employee's employment agreement with the Company or any Affiliate; provided, however, that if the Employee does not have such an employment agreement or the Employee's employment agreement does not define the term "cause" (or any similar term), then "Termination for Cause" shall mean the termination of the Employee's employment with the Company based on a... determination by the Committee (or its delegate) that the Employee (i) has engaged in gross negligence, gross incompetence or willful misconduct in the performance of the Employee's duties with respect to the Company or any Affiliate, (ii) has refused without proper legal reason to perform the Employee's duties and responsibilities to the Company or any Affiliate, (iii) has materially breached any material provision of a written agreement or corporate policy or code of conduct established by the Company or any Affiliate, (iv) has willfully engaged in conduct that is materially injurious to the Company or any Affiliate, (v) has disclosed without specific authorization from the Company confidential information of the Company or any Affiliate that is materially injurious to any such entity, (vi) has committed an act of theft, fraud, embezzlement, misappropriation or willful breach of a fiduciary duty to the Company or any Affiliate, or (vii) has been convicted of (or pleaded no contest to) a crime involving fraud, dishonesty or moral turpitude or any felony (or a crime of similar import in a foreign jurisdiction). View More

Termination For Cause. Termination of employment or service as a result of (i) any act or acts by the Participant constituting a felony under any federal, state or local law; (ii) the Participant's willful and continued failure to perform the duties assigned to him or her as an Employee; (iii) any material breach by the Participant of any agreement with the Company concerning his or her employment or service or any other understanding concerning the terms and conditions of employment by, or service with, the Company;... (iv) dishonesty, gross negligence or malfeasance by the Participant in the performance of his or her duties as an Employee, or any conduct by the Participant which involves a material conflict of interest with any business of the Company or Affiliate; (v) the Participant's taking or knowingly omitting to take any other action or actions in the performance of Participant's duties as an Employee without informing appropriate members of management to whom such Participant reports, which action or actions, in the determination of the Committee, have caused or substantially contributed to the material deterioration in the business of the Company or any Affiliate, taken as a whole; (vi) the Participant's failure to follow any Company policy; or (vii) the Participant's breach of any confidentiality obligations to the Company. The Company shall furnish written notice to the Participant of the facts warranting a Termination for Cause View More

Termination For Cause. The Company's termination of the Executive's employment for Cause