Incurable Cause definition

Incurable Cause means: (i) the reasonable determination by the Board that ▇▇▇▇▇▇▇▇ has committed an act constituting fraud, or a felony, or criminal act; or (ii) ▇▇▇▇▇▇▇▇’▇ conviction of a crime involving moral turpitude, in either event if such act or crime, materially impairs ▇▇▇▇▇▇▇▇’▇ ability to perform services for the Company or results in material reputational or financial harm to the Company or its affiliates.
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Incurable Cause means: (I) the reasonable determination by the board of directors of root9B that Executive has committed an act constituting fraud, or a felony, or criminal act; or (ii) Executive's conviction of a crime involving moral turpitude.
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Examples of Incurable Cause in a sentence

  • The Company may terminate the employment of ▇▇▇▇▇▇▇▇ at any time for Incurable Cause by giving ▇▇▇▇▇▇▇▇ notice of termination, with reasonable specificity of the basis for the Incurable Cause and, if for a Curable Cause, a notice of termination that sets forth the steps that ▇▇▇▇▇▇▇▇ must take to cure the Curable Cause.

  • The Company may terminate the employment of Executive at any time for Incurable Cause by giving Executive notice of termination, with reasonable specificity of the basis for the Incurable Cause and, if a Curable Cause, a notice of termination that sets forth the steps that Executive must take to cure the Curable Cause.

  • Executive's employment will terminate immediately upon notice that includes an Incurable Cause.

Related to Incurable Cause

  • Termination for Good Reason means a Termination of Employment during the Employment Period by Executive for Good Reason.

  • Voluntary Termination for Good Reason means the Employee voluntarily resigns after the occurrence of any of the following (i) without the Employee’s express written consent, a material reduction of the Employee’s duties, title, authority or responsibilities, relative to the Employee’s duties, title, authority or responsibilities as in effect immediately prior to such reduction, or the assignment to Employee of such reduced duties, title, authority or responsibilities; provided, however, that a reduction in duties, title, authority or responsibilities solely by virtue of the Company being acquired and made part of a larger entity (as, for example, when the Senior Vice-President of a business unit of the Company remains as such following a Change of Control) shall not by itself constitute grounds for a “Voluntary Termination for Good Reason;” (ii) without the Employee’s express written consent, a material reduction, without good business reasons, of the facilities and perquisites (including office space and location) available to the Employee immediately prior to such reduction; (iii) a reduction by the Company in the base salary of the Employee as in effect immediately prior to such reduction; (iv) a material reduction by the Company in the aggregate level of employee benefits, including bonuses, to which the Employee was entitled immediately prior to such reduction with the result that the Employee’s aggregate benefits package is materially reduced (other than a reduction that generally applies to Company employees); (v) the relocation of the Employee to a facility or a location more than thirty-five (35) miles from the Employee’s then present location, without the Employee’s express written consent; (vi) the failure of the Company to obtain the assumption of this agreement by any successors contemplated in Section 7(a) below; or (vii) any act or set of facts or circumstances which would, under California case law or statute constitute a constructive termination of the Employee.

  • Good Reason means:

  • Probable cause means that there is a substantial objective basis for believing that, more likely than not, an offense has been committed and a person to be arrested has committed it.

  • Good Reason Termination means a termination of employment or service initiated by the Participant upon or after a Change of Control upon one or more of the following events: