Termination of Employment of Employee by the Company for Cause. Nothing herein shall prevent the Company from terminating Employee's employment under the Agreement for Cause (as defined below). In the event Employee is terminated for Cause, Employee shall be paid his unpaid Base Salary (but no Bonus Compensation) through the month in which such termination occurs. The term "Cause" as used herein, shall mean (i) Employee's willful misconduct, material dishonesty or fraud in the performance of his duties hereunder, (ii) the continued failure or refusal of Employee (following written notice thereof) to carry out any reasonable request of the Company's Chief Executive Officer or Board for the provision of services hereunder, (iii) the material breach of the Agreement by Employee or (iv) the entering of a plea of guilty or nolo contendere to, or the conviction of Employee of, a felony or any other criminal act involving moral turpitude, dishonesty, theft or unethical business conduct. For purposes of this Section 7.3, no act or omission shall be considered willful unless done or omitted to be done in bad faith and without reasonable belief that such act or omission was in the best interest of the Company. Termination of employment of Employee pursuant to this Section 7.3 shall be made by delivery to Employee of a letter from the Board generally setting forth a description of the conduct which provides the basis for a termination of employment of Employee for Cause; provided, however, that, prior to the termination of the Agreement for a basis set forth in Sections 7.3(ii) or 7.3(iii) above (which is capable of being cured), Employee shall be given notice of the basis for termination by the Company and a reasonable opportunity to cure such breach.
Termination of Employment of Employee by the Company for Cause. (a) Nothing herein shall prevent the Company from terminating Employee's employment under this Agreement for Cause. In the event Employee is terminated for Cause, Employee shall be paid his unpaid Base Salary (but no Bonus Compensation) through the month in which the termination occurs. The term "
Termination of Employment of Employee by the Company for Cause. The Company may terminate the employment of Employee for Cause (as hereinafter defined). The term "Cause," as used herein, shall mean (a) Employee's willful misconduct or gross neglect in the performance of his duties hereunder, (b) the material breach of this Agreement by Employee, which breach, to the extent curable prior to the Company suffering material injury (economic or otherwise), shall remain unremedied for ten (10) days after Employee shall have been given notice of such breach, provided that no such notice or cure period shall apply to any breach that has been concealed by Employee, (c) the final, non-appealable conviction of Employee of, or a plea of guilt or nolo contendere, in respect to, a felony involving dishonesty or which constitutes a crime of moral turpitude, (d) habitual drug or alcohol abuse or (e) the conviction of, or the entry of an order or consent decree with respect to a violation or purported violation of any state or federal securities laws. Employee shall not be deemed to have been terminated for Cause unless and until, after reasonable notice to Employee and an opportunity for him, together with his counsel, to be heard before the Board, the Board has determined (by affirmative vote of a majority of the full Board, excluding Employee) that Employee was guilty of the conduct described in clause (a), (b) or (d) of the preceding paragraph, and delivered to Employee a Notice of Termination (as defined below) stating such determination and specifying the particulars thereof in detail.
Termination of Employment of Employee by the Company for Cause. (a) Nothing herein shall prevent the Company from terminating Employee's Employment for Cause (as defined below), upon written notice to Employee. From and after the date of such termination, Employee shall no longer be entitled to receive Base Salary and the Company shall no longer be required to pay premiums on any life insurance or disability policy for Employee, if any. Any rights
Termination of Employment of Employee by the Company for Cause. Nothing herein shall prevent the Company from terminating Employee's employment under this Agreement for Cause. In the event Employee is terminated for Cause, Employee shall be paid his unpaid Base Salary (but no Bonus Compensation) through the month in which the termination occurs. The term "Cause," as used herein, shall mean (i) Employee's willful misconduct or fraud in the performance of his duties hereunder; (ii) the continued failure or refusal of Employee to carry out any reasonable request of the CEO, COO or the Board for the provision of services hereunder; (iii) the material breach of the Agreement by Employee; or (iv) the entering of a plea of guilty or nolo contendere to or the conviction of Employee for a felony or any other criminal act involving moral turpitude, dishonesty, theft or unethical business conduct, including, without limitation, violations of State or Federal securities laws or regulations. Termination of employment of Employee pursuant to this Section 7.3 shall be made by delivery to Employee of a letter from the CEO or the COO generally setting forth a description of the conduct which provides the basis for a termination of employment of Employee for Cause.
Termination of Employment of Employee by the Company for Cause. (a) Subject to Section 6.3(b), nothing herein shall prevent the Company from terminating Employee's Employment for Cause (as defined below). From and after the date of such termination, except as set forth in this Section 6.3 Employee shall no longer be entitled to receive Base Salary or Annual Bonus Compensation and the Company shall no longer be required to pay premiums on any life insurance or disability policy for Employee. Subject to the Company's right to set off against annual bonus compensation, to the extent actual damages or losses can be established or are incurred by the Company to the date of set-off, Employee shall be paid Base Salary to the date of termination and Annual Bonus Compensation (based upon the Projects represented in the Ostern Contribution which are in process or invoiced on the date of termination) paid as set forth in Section 3.2(b). Any rights and benefits which Employee may have in respect of any other compensation or any employee benefit plans or programs of the Company, whether pursuant to Section 3.4 or otherwise, shall be determined in accordance with the terms of such other compensation arrangements or plans or programs. The term "
Termination of Employment of Employee by the Company for Cause. Nothing herein shall prevent the Company from terminating Employee’s employment under the Agreement for Cause (as defined below). In the event Employee is terminated for Cause, Employee shall be paid his unpaid Base Salary (but no Bonus Compensation) through the month in which the termination occurs. The term “Cause”, as used herein, shall mean: (i) the entering of a plea of guilty or nolo contendre to or the conviction of Employee for a felony or any other criminal act involving moral turpitude. For purposes of this Section 7.3, no act shall be considered willful unless done or admitted to be done not in good faith and without reasonable belief that such action or omission was in the best interest of the Company. Termination of employment of Employee pursuant to this Section 7.3 shall be made by delivery to Employee of a letter from the Board generally setting forth a description of the conduct which provides the basis for a termination of employment of Employee for Cause; provided, however, that prior to the termination of the Agreement for a basis set forth in Sections 7.3(i) or 7.3(ii) above (which is capable of being cured), Employee shall be given notice of the basis for termination by the Company and 30 calendar days to cure such breach to the satisfaction of the Board.
