Common use of Termination by the Company with or without Cause Clause in Contracts

Termination by the Company with or without Cause. The Company may terminate the Executive’s employment at any time, with or without Cause. Termination of the Executive’s employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive’s failure (except where due to sickness or other Disability), neglect or refusal to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public or consistent drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s duties hereunder; (iv) conviction of, or plea of guilty or nolo contendere to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s breach of any of the covenants provided in Section 7 hereof.

Appears in 9 contracts

Samples: Employment Agreement (Eon Labs Inc), Employment Agreement (Eon Labs Inc), Employment Agreement (Eon Labs Inc)

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Termination by the Company with or without Cause. The Company may terminate the Executive’s 's employment at any time, with or without Cause. Termination of the Executive’s 's employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, "Cause" shall mean: (i) the Executive’s failure 's failure, neglect or refusal (except where due to sickness or other a Disability), neglect or refusal ) to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 business days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public the Executive's use of illegal drugs or consistent repeated drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the on Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s duties hereunderproperty; (iv) conviction of, or plea of guilty or nolo contendere NOLO CONTENDERE to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s 's breach of any of the covenants provided in Section 7 hereof.

Appears in 4 contracts

Samples: Employment Agreement (Medical Staffing Network Holdings Inc), Employment Agreement (Medical Staffing Network Holdings Inc), Employment Agreement (Medical Staffing Network Holdings Inc)

Termination by the Company with or without Cause. The Company may terminate the Executive’s 's employment at any time, with or without Cause. Termination of the Executive’s 's employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, "Cause" shall mean: (i) the Executive’s 's failure (except where due to sickness or other Disability), neglect or refusal to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public or consistent drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s 's duties hereunder; (iv) conviction of, or plea of guilty or nolo contendere NOLO CONTENDERE to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s 's breach of any of the covenants provided in Section 7 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Eon Labs Inc), Employment Agreement (Eon Labs Inc)

Termination by the Company with or without Cause. The Company may terminate the Executive’s employment at any time, with or without Cause. Termination of the Executive’s employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive’s failure failure, neglect or refusal (except where due to sickness or other a Disability), neglect or refusal ) to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 business days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public the Executive’s use of illegal drugs or consistent repeated drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the on Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s duties hereunderproperty; (iv) conviction of, or plea of guilty or nolo contendere to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s material breach of any of the covenants provided in Section 7 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Medical Staffing Network Holdings Inc), Employment Agreement (Medical Staffing Network Holdings Inc)

Termination by the Company with or without Cause. The Company may terminate the Executive’s employment at any time, with or without Cause. Termination of the Executive’s employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive’s failure failure, neglect or refusal (except where due to sickness or other a Disability), neglect or refusal ) to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 business days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public the Executive’s use of illegal drugs or consistent repeated drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the on Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s duties hereunderproperty; (iv) conviction of, or plea of guilty or nolo contendere to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s breach of any of the covenants provided in Section 7 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Medical Staffing Network Holdings Inc), Employment Agreement (Medical Staffing Network Holdings Inc)

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Termination by the Company with or without Cause. The Company may terminate the Executive’s 's employment at any time, with or without Cause. Termination of the Executive’s 's employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, "Cause" shall mean: (i) the Executive’s 's failure (except where due to sickness or other Disability), neglect or refusal to perform his duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public or consistent drunkenness by the Executive or his illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s 's duties hereunder; (iv) conviction of, or plea of guilty or nolo contendere to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s 's breach of any of the covenants provided in Section 7 hereof.

Appears in 1 contract

Samples: Employment Agreement (Eon Labs Inc)

Termination by the Company with or without Cause. The Company may terminate the Executive’s employment at any time, with or without Cause. Termination of the Executive’s employment hereunder shall be effective upon delivery of written notice of such termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive’s failure (except where due to sickness or other Disability), neglect or refusal to perform his her duties hereunder which failure, neglect or refusal shall not have been corrected by the Executive within 10 days of receipt by the Executive of written notice from the Company of such failure, neglect or refusal, which notice shall with reasonable specificity set forth the nature of said failure, neglect or refusal; (ii) any willful or intentional act of the Executive that has the effect of injuring the reputation or business of the Company or its affiliates in any material respect; (iii) public or consistent drunkenness by the Executive or his her illegal use of narcotics which is, or could reasonably be expected to become, materially injurious to the reputation or business of the Company or which impairs, or could reasonably be expected to impair, the performance of the Executive’s duties hereunder; (iv) conviction of, or plea of guilty or nolo contendere to, the commission of a felony by the Executive; (v) the commission by the Executive of an act of fraud or embezzlement against the Company; or (vi) the Executive’s breach of any of the covenants provided in Section 7 hereof.

Appears in 1 contract

Samples: Employment Agreement (Eon Labs Inc)

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