Common use of Termination by the Company for Good Cause Clause in Contracts

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 2 contracts

Samples: Amended and Restated Employment Agreement (Bre Properties Inc /Md/), Employment Agreement (Bre Properties Inc /Md/)

AutoNDA by SimpleDocs

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iviii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 2 contracts

Samples: Employment Agreement, Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the The Company may terminate this Agreement and Executive’s 's employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreementherein, the term “Good Cause” "GOOD CAUSE" shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practiceshereunder, (ii) the material failure or refusal of Executive after the receipt of written notice by the Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties Chief Operating Officer or render services substantially due to circumstances beyond the control of Executive, including force majeure events)Board, (iviii) Executive’s conviction the charging or indictment of Executive in connection with a felony or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Officer of the Company, including any crime misdemeanor involving dishonesty or moral turpitude or turpitude, (iv) the material breach by Executive of this Agreement or the material breach of Executive’s 's fiduciary duty or duty of trust to the Company as reasonably determined Company, provided that, if such breach is curable, Executive first receives notice of the breach and seven (7) days to cure such breach; or (v) any other act or omission by Executive either in disregard of the Company's policies or conduct which may cause material loss, damage or injury to the Company, its property, reputation or employees.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him her from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as President and Chief Executive Vice President, Chief Investment Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the The Company may ----------------------------------------- terminate this Agreement and Executive’s 's employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreementherein, the term “Good Cause” "GOOD CAUSE" shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practiceshereunder, (ii) the material failure or refusal of Executive after the receipt of written notice by the Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events)in accordance with this Agreement, (iviii) Executive’s conviction the charging or indictment of Executive in connection with a felony or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Officer of the Company, including any crime misdemeanor involving dishonesty or moral turpitude or turpitude, (iv) the material breach by Executive of this Agreement or the material breach of Executive’s 's fiduciary duty or duty of trust to the Company as reasonably determined provided that, if such breach is curable, Executive first receives notice of the breach and seven (7) days to cure such breach; or (v) any other act or omission by Executive either in disregard of the Company.'s policies or conduct which may cause material loss, damage or injury to the Company, its property, reputation or employees. 7.3

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him her from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as Executive Vice President, Chief Investment Officer Asset Management of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Senior Vice President, Chief Investment Officer General Counsel and Corporate Secretary of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

AutoNDA by SimpleDocs

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iviii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Officer Operations of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his her duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iviii) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his her ability to perform his her duties as Executive Vice President, Chief Investment Officer Associate Relations and Development of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the Company may terminate this Agreement and Executive’s employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreement, the term “Good Cause” shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practices, (ii) the material failure or refusal of Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties or render services substantially due to circumstances beyond the control of Executive, including force majeure events), (iv) Executive’s conviction of or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, President and Chief Investment Financial Officer of the Company, including any crime involving dishonesty or moral turpitude or (iv) the material breach by Executive of this Agreement or the material breach of Executive’s fiduciary duty or duty of trust to the Company as reasonably determined by the Company.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc /Md/)

Termination by the Company for Good Cause. During the term, the The Company may terminate this Agreement and Executive’s 's employment at any time for Good Cause. In such event, this Agreement shall terminate on such date as shall be specified in writing by the Company. As used in this Agreementherein, the term “Good Cause” "GOOD CAUSE" shall mean (i) any act or omission of gross negligence, willful misconduct, dishonesty, or fraud by Executive in the performance of his duties hereunder or in material violation of the Company’s employment policies and practiceshereunder, (ii) the material failure or refusal of Executive after the receipt of written notice by the Executive to timely perform the duties or to render the services reasonably assigned to him from time to time by the Board (other than failures to perform duties Chief Executive Officer or render services substantially due to circumstances beyond the control of Executive, including force majeure events)Board, (iviii) Executive’s conviction the charging or indictment of Executive in connection with a felony or plea of nolo contendere to a crime which has or reasonably would be expected to have a material adverse impact on his ability to perform his duties as Executive Vice President, Chief Investment Officer of the Company, including any crime misdemeanor involving dishonesty or moral turpitude or turpitude, (iv) the material breach by Executive of this Agreement or the material breach of Executive’s 's fiduciary duty or duty of trust to the Company as reasonably determined provided that, if such breach is curable, Executive first receives notice of the breach and seven (7) days to cure such breach; or (v) any other act or omission by Executive either in disregard of the Company's policies or conduct which may cause material loss, damage or injury to the Company, its property, reputation or employees.

Appears in 1 contract

Samples: Employment Agreement (Bre Properties Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.