Common use of Good Cause Defined Clause in Contracts

Good Cause Defined. For purposes of this Agreement, "Good Cause" means (i) Executive's conviction of, or plea of nolo contendere or guilty to, any criminal violation involving dishonesty, fraud or moral turpitude; (ii) Executive's gross negligence; (iii) Executive's willful and serious misconduct; (iv) Executive's breach of trust or fiduciary duty in the performance of his duties or responsibilities; (v) Executive's willful failure to comply with reasonable directives and policies of the Board; or (vi) Executive's breach of any material term or provision of this Agreement and Executive's failure to cure such breach within 30 days of his receipt of notice of the breach by the Company.

Good Cause Defined. For purposes of this Agreement, "“Good Cause" ” means (i) Executive's ’s conviction of, or plea of nolo contendere or guilty to, any criminal violation involving dishonesty, fraud or moral turpitude; (ii) Executive's ’s gross negligence; (iii) Executive's ’s willful and serious misconduct; (iv) Executive's ’s breach of trust or fiduciary duty in the performance of his duties or responsibilities; (v) Executive's ’s willful failure to comply with reasonable directives and policies of the Board; or (vi) Executive's ’s breach of any material term or provision of this Agreement and Executive's ’s failure to cure such breach within 30 days of his receipt of notice of the breach by the Company.