Business Reasons. “Business Reasons” means (i) gross negligence, willful misconduct or other willful malfeasance by Executive in the performance of his duties, (ii) Executive’s conviction of a felony, or an other criminal offense involving moral turpitude, (iii) Executive’s material breach of this Agreement, including without limitation any repeated breach of Section 8 hereof or of any provision of any confidentiality, non-disclosure or non-competition agreements between the Company and Executive, provided that, in the case of any such breach, the Board provides written notice of breach to the Executive, specifically identifying the manner in which the Board believes that Executive has materially breached this Agreement, and Executive shall have the opportunity to cure such breach to the reasonable satisfaction of the Board within thirty (30) days following the delivery of such notice. For purpose of this paragraph, no act or failure to act by Executive shall be considered “willful” unless done or omitted to be done by Executive in bad faith or without reasonable belief that Executive’s action or omission was in the best interests of the Company or its affiliates. Any act, or failure to act, based upon authority given pursuant to a resolution duly adopted by the Board or based upon the advice of counsel for the Company shall be conclusively presumed to be done, or omitted to be done, by Executive in good faith and in the best interests of the Company. The Board must notify Executive of any event constituting Business Reasons within ninety (90) days following the Board’s actual knowledge of its existence (which period shall be extended during the period of any reasonable investigation conducted in good faith by or on behalf of the Board) or such event shall not constitute Business Reasons under this Agreement.
Business Reasons. Business Reasons" shall mean (i) any act of personal dishonesty taken by Executive in connection with his responsibilities as an employee and intended to result in substantial personal enrichment of Executive, (ii) commission of a felony or other offense which involves moral turpitude or is otherwise injurious to the Company, (iii) a willful act by Executive which constitutes gross misconduct and which is injurious to the Company, (iv) material breach of this Agreement by Executive, including (A) any material breach of the provisions of Section 10, 11, or 12 or 13 hereof, or (B) continued violation by Executive of Executive's obligations under Section 1 of this Agreement that are demonstrably willful and deliberate on Executive's part after there has been delivered to Executive a written demand for performance from the Company which describes the basis for the Company's belief that Executive has not substantially performed his duties.
Business Reasons. Business Reasons" means (i) gross negligence, willful misconduct or other willful malfeasance by Executive in the performance of his duties, (ii) Executive's commission of a felony or other offense involving moral turpitude, (iii) Executive's material breach of this Agreement, including without limitation any repeated breach of Sections 9 through 12 hereof.
Business Reasons. (1) The Lottery may terminate Retailer’s Contract for business reasons, including but not limited to changes in the Lottery’s games, game delivery methodology, or business model, upon 30 days’ written notice, except where, in the judgment of the Director, exigent circumstances warrant it, Retailer’s Contract may be terminated without notice or on shortened notice. Where the Director terminates all Retailers of a particular class, type, tradestyle or all Retailers located in a specific geographical area, there is no right of appeal.
Business Reasons. For up to a total of ninety (90) days in a twelve (12) month period.
Business Reasons. “Business Reasons” means (i) gross negligence, willful misconduct or other willful malfeasance by Executive in the performance of his duties, (ii) Executive’s conviction of, plea of nolo contendere to, or written admission of the commission of, a felony, or an other criminal offense involving moral turpitude, (iii) any act by the Executive involving moral turpitude, fraud or misrepresentation with respect to his duties for the Company or its affiliates, (iv) any act by the Executive constituting a failure to follow the directions of the either the CEO or the Board, provided that, the Board provides written notice of such failure to the Executive and the failure continues for five (5) days after the Executive’s receipt of such notice, or (v) Executive’s material breach of this Agreement, including without limitation any breach of Sections 8 through 11 hereof, provided that, in the case of any such breach, the Board provides written notice of breach to the Executive, specifically identifying the manner in which the Board believes that Executive has breached this Agreement, and Executive shall have the opportunity to cure such breach to the reasonable satisfaction of the Board within thirty (30) days following the delivery of such notice, unless such breach is incapable of cure. For purpose of this paragraph, no act or failure to act by Executive shall be considered “willful” if such act or failure to act occurred at the direction of the Board.
Business Reasons. The term “Business Reasons” means (i) gross negligence, willful misconduct or other willful malfeasance by Employee in the performance of her duties provided that, the Board provides written notice of such conduct to the Employee and such conduct continues for five (5) days after the Employee's receipt of such notice, (ii) Employee's conviction of, plea of novo contendere to, or written admission of the commission of, a felony, or an other criminal offense involving moral turpitude, (iii) any act by the Employee involving moral turpitude, fraud or material misrepresentation with respect to her duties for the Company or its affiliates, (iv) any act by the Employee constituting a failure to follow the lawful directions of the either the CEO, the COO, or the Board (or anyone else whom any of them may appoint to supervise the Employee), provided that, the Board provides written notice of such failure to the Employee and the failure continues for five (5) days after the Employee's receipt of such notice, or (v) Employee's material breach of this Agreement, including without limitation any breach of Sections 7 through 10 hereof, provided that, in the case of any such breach, the Board provides written notice of breach to the Employee, specifically identifying the manner in which the Board believes that Employee has breached this Agreement, and Employee shall have the opportunity to cure such breach (but only if it is reasonably capable of being cured) to the reasonable satisfaction of the Board within thirty (30) days following the delivery of such notice, unless such breach is incapable of cure. For purpose of this paragraph, no act or failure to act by Employee shall be considered "willful" if such act or failure to act occurred at the direction of the Board.
