Harmful Conduct definition

Harmful Conduct means, unless otherwise specified in an Award Agreement, (i) a breach in any material respect of an agreement to not reveal confidential information regarding the business operations of the Company or any affiliate or an agreement to refrain from solicitation of the customers, suppliers or employees of the Company or any affiliate, or (ii) a violation of any of the restrictive covenants contained in the Grantee's employment, severance or other agreement with the Company, or any of its affiliates.
Harmful Conduct means a breach in any material respect of an agreement not to reveal confidential information regarding the business operations of the Company or any Affiliate, or to refrain from solicitation of customers, suppliers or employees of the Company or any Affiliate.
Harmful Conduct means (i) any conduct that would constitute “cause” as defined in Equity Award grant agreements; (ii) any violation of the Corporation’s standards of business conduct and ethics, insider trading policy or other published policies; (iii) egregious misconduct including, but not limited to, fraud, criminal activities, falsification of Corporation records, theft, violent acts or threats of violence, or (iv) a violation of law, unethical conduct or inappropriate behavior that causes substantial reputational harm to the Corporation, creates a significant risk that the Corporation will be liable for damages, equitable relief, or other forms of legal liability, or, if it were publicly known, would have a significant likelihood of causing adverse publicity; (v) the commission of act or omission that causes an Covered Employee or the Corporation to be in violation of federal or state securities laws, rules or regulations; or (vi) any misconduct, negligence or dereliction of duty by an Covered Employee that caused or contributed to the need for the restatement or material adjustment of any financial performance measure upon which the payment or his or her Non-Equity Incentive Compensation and/or vesting of his or her Equity Awards are or were based.

Examples of Harmful Conduct in a sentence

  • If the Grantee's employment terminates by reason of the Grantee’s retirement (as defined below), the Performance Shares shall become payable upon the Payment Date subject to, and to the extent of, the actual achievement of the Performance Goals, as determined by the Committee, so long as the Grantee refrains from engaging in Harmful Conduct.


More Definitions of Harmful Conduct

Harmful Conduct means a breach in any material respect of an agreement to not reveal confidential information regarding the business operations of the Company or any Subsidiary, or to refrain from solicitation of the customers, suppliers or employees of the Company or any Subsidiary.
Harmful Conduct means any conduct or omission to act that could result in material or non- material damage to the Bank and that constitutes a possible or actual breach of the requirements or restrictions laid down in the regulations or by-laws of the Bank binding on the staff member.