Common use of Cause Defined Clause in Contracts

Cause Defined. For purposes of this Agreement, the following shall constitute “Cause” for termination: (a) dishonest statements or acts of Executive with respect to the Company or any affiliate of the Company; (b) the commission by or indictment of Executive for (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment,” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made); (c) gross negligence, willful misconduct or insubordination of Executive with respect to the Company or any affiliate of the Company; or (d) material breach by Executive of any of Executive’s obligations to the Company; provided, that, in the case of clause (d), in the event that the Company provides written notice of termination for Cause in reliance upon this, Executive shall have the opportunity to cure such circumstances within 30 days of receipt of such notice.

Cause Defined. For purposes of this Agreement, the following shall constitute “Cause” for termination: (a) dishonest statements or acts of the Executive with respect to the Company or any affiliate of the Company; (b) the commission by or indictment of the Executive for (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment,” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made); (c) gross negligence, willful misconduct or insubordination of the Executive with respect to the Company or any affiliate of the Company; or (d) material breach by the Executive of any of the Executive’s obligations to the Company; provided, that, in the case of clause (d), in the event that the Company provides written notice of termination for Cause in reliance upon thisthis Section 5.4, the Executive shall have the opportunity to cure such circumstances within 30 thirty (30) days of receipt of such notice.

Cause Defined. For purposes of this Agreement, the following shall constitute “Cause” for termination: (a) dishonest statements or acts of Executive with respect to the Company or any affiliate of the Company; (b) the commission by or indictment of Executive for (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment,” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made); (c) gross negligence, willful misconduct or insubordination of Executive with respect to the Company or any affiliate of the Company; or (d) material breach by Executive of any of Executive’s obligations to the Company; provided, that, in the case of clause (d), in the event that the Company provides written notice of termination for Cause in reliance upon thisthis Section 5.4, Executive shall have the opportunity to cure such circumstances within 30 thirty (30) days of receipt of such notice.

Cause Defined. For purposes of this Agreement, the following shall constitute “Cause” for termination: (a) dishonest statements or acts of the Executive with respect to the Company or any affiliate of the Company; (b) the commission by or indictment of the Executive for (A) a felony or (B) any misdemeanor involving moral turpitude, deceit, dishonesty or fraud (“indictment,” for these purposes, meaning an indictment, probable cause hearing or any other procedure pursuant to which an initial determination of probable or reasonable cause with respect to such offense is made); (c) gross negligence, willful misconduct or insubordination of the Executive with respect to the Company or any affiliate of the Company; or (d) material breach by the Executive of any of the Executive’s obligations to the Company; . provided, that, in the case of clause (d), in the event that the Company provides written notice of termination for Cause in reliance upon thisthis Section 5.4, the Executive shall have the opportunity to cure such circumstances within 30 thirty (30) days of receipt of such notice.