With Cause Termination by Buyer

Example Definitions of "With Cause Termination by Buyer"
With Cause Termination by Buyer. A termination in writing of a Stockholder's Employment by the Buyer or its Affiliate for (a) dishonesty, fraud, embezzlement or misappropriation of funds involving assets of the Buyer, the Parent or any of their respective customers, suppliers or Affiliates; (b) conviction of a felony or any criminal offense which adversely affects (i) the Stockholder's ability to perform his Employment duties or (ii) the reputation of the Buyer or its Affiliate or the Parent; (c) gross misconduct in connection... with employment or contractor status with the Buyer or its Affiliate, which gross misconduct remains uncured for a period of thirty (30) days after the Stockholder has been notified in writing by the Buyer or its Affiliate of such gross misconduct; (d) material breach by the Stockholder of the terms of any non-competition or confidentiality agreement entered into between the Stockholder, on the one hand, and the Buyer or its Affiliate or the Parent, on the other hand, which material breach remains uncured for a period of thirty (30) days after the Stockholder has been notified in writing by the Buyer or its Affiliate of such material breach; (e) material failure to satisfactorily perform the Stockholder's services for the Buyer or its Affiliate, which material failure remains uncured for a period of thirty (30) days after the Stockholder has been notified in writing by the Buyer or its Affiliate of such material failure; or (f) the Stockholder's making of disparaging statements about the Buyer, the Parent or their respective Affiliates, subsidiaries or businesses View More
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