Company Termination for Cause. If Manager is terminated by the Company for Cause pursuant to Section 3(b), no further payments of the Management Fee shall be paid after the effectiveness of termination under Section 3(b) is given by the Board of Directors to the Manager.
Company Termination for Cause. If the Company determines that Employee has repeatedly failed to perform his duties hereunder after written notice of such failure from the Company to Employee, has committed a violation of any of the agreements, covenants, terms or conditions hereunder or has engaged in conduct which has injured or would injure the business or reputation of the Company or otherwise adversely affect its interests or committed acts or omissions which would be considered cause at law, then, and in such event, the Company may, upon immediate written notice to Employee, terminate Employee's employment hereunder. Upon such termination, Employee shall be entitled to any salary accrued under Article 1.03 and any employee benefits accrued under Article 1.04 hereof to date of termination of employment and any of the Company's obligations under Article 1 or otherwise shall forthwith terminate.
Company Termination for Cause. The Executive's employment hereunder may be terminated at any time by the Company for cause. The occurrence of any of the following events or circumstances shall constitute "cause" for termination, at the election of the Board:
Company Termination for Cause. If Kaire International, Inc. determines that Employee has repeatedly failed to perform his duties hereunder after written notice of such failure from Kaire International, Inc. to Employee, has committed a violation of any of the agreements, covenants, terms or conditions hereunder or has engaged in conduct which has injured or would injure the business or reputation of Kaire International, Inc. or otherwise adversely affect its interest, then, and in such event, Kaire International, Inc. may, upon 30 days prior written notice to Employee, terminate Employee's employment hereunder. Upon such termination, Employee shall be entitled to any Salary accrued under Section 1.03 hereof and any indebtedness owed Employee by Company. Any of Kaire International, Inc.'s obligations under Article 1 hereof shall forthwith terminate.
Company Termination for Cause. If the Company terminates Executive’s employment for Cause, Executive will not be entitled to any severance or benefit continuation, other than as required by law, as in effect at such time. Executive will be entitled to any unpaid base salary up to and including the date of termination, any unused PTO days, and vested equity awards through the date of termination, subject to the terms and conditions of the Plan and applicable award agreements.
Company Termination for Cause. Company may terminate this Agreement at any time prior to the expiration of its stated term in the event that: Distributor defaults in any payment due to Company and such default continues unremedied for a period of ten (10) days following written notice of such default; Distributor fails to perform any other obligation, warranty, duty or responsibility or is in default with respect to any term or condition undertaken by Distributor under this Agreement and such failure or default continues unremedied for a period of thirty (30) days following written notice of such failure or default; Any xxxx or regulation granting Distributor extracontractual compensation upon termination or expiration of this Agreement is introduced into law by the legislature or other governing body of the Territory. Distributor at any time challenges the validity of any Company IP or other proprietary rights in or associated with the Company Products; Distributor sells all or substantially all of its assets, or undergoes a Change of Control, or dissolves, liquidates or is distributed.. For purposes of this section, a Change of Control shall mean (a) acquisition by a third party of a majority of the share ownership or equity interest in Distributor, (b) Control by a third party of a majority of members of the board of directors or other management body of a Party; or (c) merger by Distributor with a third party (excluding those third parties whose net assets are less than fifty percent (50%) of those of Distributor). Control shall mean the possession, directly or indirectly, of power to direct or cause the direction of management or policies (whether through ownership of securities or otherwise); or Distributor fails to meet the minimum sales volume for the Company Products for two (2) consecutive quarters. The minimum sales volume shall be 70% of the forecasted sales volume in the Business Plan in Attachment D.
Company Termination for Cause. The Company may at any time terminate the Employee's employment hereunder for Cause (as defined herein). In such event, the Company shall give the Employee prompt written notice specifying in reasonable detail the conduct which provides the basis for a termination of Employee for Cause. Within ten (10) business days of the Employee's receipt of such letter, the Employee shall be provided an opportunity, together with his counsel, to present and discuss the matter of the Employee's termination with the Board of Directors. Following such meeting, the Board of Directors may, by the affirmative vote of a majority of the members of the full Board of Directors (not including the Employee), terminate the Employee's employment for Cause.
Company Termination for Cause. If Wiser determines that Employee ----------------------------- has repeatedly failed to perform his duties hereunder after written notice of such failure from Wiser to Employee, has committed a violation of any of the agreements, covenants, terms or conditions hereunder or has engaged in conduct which has injured or would injure the business or reputation of Wiser or otherwise adversely affect its interests, then, and in such event, Wiser may, upon 30 days' prior written notice to Employee, terminate Employee's employment hereunder. Upon such termination, Employee shall be entitled to any Salary accrued under Section 1.03 hereof and any of Wiser's obligations under Article I hereof shall forthwith terminate.
