Definition of Cause for Termination Sample Clauses


Definition of Cause for Termination “Cause” for termination means: (i) your conviction of any felony, (ii) your participation in any fraud or act of dishonesty against the Company resulting in material damage to the Company, (iii) your material breach of this offer letter or the At-Will Employment, Confidential Information, Invention Assignment, and Arbitration Agreement between you and the Company, or (iv) other wrongful conduct by you that in the good faith and reasonable determination of the Company’s Board of Directors demonstrates your gross unfitness to serve; provided, that in the case of any termination pursuant to the preceding clause (iii) or clause (iv), unless the Company’s Board of Directors determines that such conduct cannot be cured within thirty (30) days, you will be given written notice of the occurrence of such ground for termination and a period of thirty (30) days in which to cure.


Definition of Cause for Termination. For purposes of this Agreement, “Cause” for termination means: (i) Executive’s conviction of any felony; (ii) Executive’s participation in any fraud or act of dishonesty against the Company resulting in material damage to the Company; (iii) Executive’s material breach of this Agreement or his Proprietary Information and Inventions Agreement; or (iv) other wrongful conduct by Executive that in the good faith and reasonable determination of the Board demonstrates Executive’s gross unfitness to serve, provided that Executive is given at least thirty (30) days advance written notice of such conduct and a reasonable opportunity to cure.

Definition of Cause for Termination. The Managing General Partner shall have “Cause” for termination of the employment relationship with Executive only upon any of the following to occur: • Executive’s conviction of, or a plea of nolo contendere to, a crime that constitutes a felony; • Executive’s breach of his confidentiality or non-compete obligations under paragraph (b) or (c) of Section 7; • Determination by a court of competent jurisdiction that Executive has breached his fiduciary duty of loyalty, due care or good faith, as such terms are understood and applied to officers of business entities under Delaware law, to the Company or to the Managing General Partner; • Executive’s willful or gross neglect of his duties; • Executive’s commission of a material act of fraud or willful misconduct with respect to the performance of his duties; • Executive’s misappropriation of funds or property of the Partnership; • Executive’s knowing engagement, without the express written consent of the Managing General Partner or except as regarding CDM MAX in accordance with Section 3, in any activity that competes with or is materially injurious to the business or reputation of the Partnership; or • Executive’s material breach of the material terms of this Agreement.

Definition of Cause for Termination. For the purposes of this Agreement, Cause for termination of your employment by the Company shall mean: (a) your conviction (including a guilty or no contest plea) of any felony or any other crime involving dishonesty; (b) your participation in any fraud against the Company; (c) your breach of any obligation under this Agreement; (d) your damage to any Company property; or (e) conduct by you which in the good faith and reasonable determination of the Company’s Board of Directors demonstrates gross unfitness to serve.

Definition of Cause for Termination. The Managing General Partner shall have “Cause” for termination of this Agreement only upon any of the following to occur:· Dean’s conviction of, or a plea of nolo contendere to, a crime that constitutes a felony;· Dean’s breach of his confidentiality obligations under paragraph 7(g) of this Agreement;· Dean's breach of his confidentiality or non-compete obligations under paragraph (b) or (c) of Section 7 of the Employment Agreement;· Dean’s willful or gross neglect of his Consulting Services (it shall not constitute Cause hereunder solely because Dean is not meeting the anticipated number of hours described in Section 4(c));· Dean’s commission of a material act of fraud or willful misconduct with respect to the performance of his Consulting Services;· Dean’s misappropriation of funds or property of the Partnership; or· Dean’s material breach of the material terms of this Agreement.