Common use of Termination of Employment With Cause Clause in Contracts

Termination of Employment With Cause. The Company may terminate Employee's employment immediately upon written notice to Employee in the event Employee (1) is convicted of a felony by a court of competent jurisdiction; (2) commits any gross misconduct, willful breach, or habitual neglect of his duties; (3) willfully violates any policy or procedure of the Company that causes a material adverse effect on the Company; or (4) uses illegal or controlled substances. In any event, the Company's sole obligation to Employee shall be payment of all compensation due Employee for services rendered by Employee prior to notice of termination under this subsection. The Company shall give thirty (30) days notice to cure any conduct set forth herein unless the Board of Directors, in its sole discretion, determines that a cure is not deemed possible or appropriate.

Termination of Employment With Cause. The Company may terminate Employee's employment immediately upon written notice to Employee in the event Employee (1) is convicted of a felony by a court of competent jurisdiction; (2) commits any gross misconduct, willful breach, or habitual neglect of his her duties; (3) willfully violates any policy or procedure of the Company that causes a material adverse effect on the Company; or (4) uses illegal or controlled substances. In any event, the Company's sole obligation to Employee shall be payment of all compensation due Employee for services rendered by Employee prior to notice of termination under this subsection. The Company shall give thirty (30) days notice to cure any conduct set forth herein unless the Board of Directorsmanagement, in its sole discretion, determines that a cure is not deemed possible or appropriate.