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For purposes of the definition in of \"Poor Performance\" as used herein, no act, or failure to act, on Executive's part shall be deemed \"willful\" unless done, or omitted to be done, by Executive not in good faith and without reasonable belief that Executive's action or omission was in the best interest of the Company.", "size": 6, "hash": "d847b0038c19b752733fec1ec44a9cd7", "id": 8}, {"samples": [{"hash": "gIMFclX6WaC", "uri": "https://app.leg.wa.gov/WAC/default.aspx?cite=173-165-100&pdf=true", "label": "app.leg.wa.gov", "score": 14.8834991455, "published": false}, {"hash": "kZloWzP6aE5", "uri": "https://app.leg.wa.gov/documents/laws/WACArchive/2021/pdf/WAC%20173%20%20TITLE/WAC%20173%20-165%20%20CHAPTER/WAC%20173%20-165%20%20COMBINEDCHAPTER.pdf", "label": "app.leg.wa.gov", "score": 14.8680267334, "published": false}, {"hash": "4ubbvGGdFEG", "uri": "https://lawfilesext.leg.wa.gov/law/WACArchive/2020/pdf/WAC%20173%20%20TITLE/WAC%20173%20-165%20%20CHAPTER/WAC%20173%20-165%20%20COMBINEDCHAPTER.pdf", "label": "lawfilesext.leg.wa.gov", "score": 12.7550563812, "published": false}], "snippet_links": [{"key": "work-products", "type": "clause", "offset": [6, 19]}, {"key": "accepted-standards", "type": "definition", "offset": [56, 74]}, {"key": "professional-behavior", "type": "clause", "offset": [78, 99]}], "snippet": "means work products or work behaviors that fail to meet accepted standards of professional behavior and perform- ance, such as:", "size": 5, "hash": "c89e11bbc12a5cfbb5f9a7d053692a01", "id": 9}, {"samples": [{"hash": "jAI1eubvgXF", "uri": "/contracts/jAI1eubvgXF#poor-performance", "label": "Employment Agreement (Par Pharmaceutical Companies, Inc.)", "score": 23.1574268341, "published": true}, {"hash": "cbKBRP29Uha", "uri": "/contracts/cbKBRP29Uha#poor-performance", "label": "Employment Agreement (Par Pharmaceutical Companies, Inc.)", "score": 16.0, "published": true}, {"hash": "a7yX3fBKDiN", "uri": "/contracts/a7yX3fBKDiN#poor-performance", "label": "Employment Agreement (Par Pharmaceutical Companies, Inc.)", "score": 16.0, "published": true}], "snippet_links": [{"key": "failure-to-meet", "type": "clause", "offset": [29, 44]}, {"key": "expectations-and-goals", "type": "clause", "offset": [68, 90]}, {"key": "by-employer", "type": "clause", "offset": [113, 124]}, {"key": "to-executive", "type": "clause", "offset": [142, 154]}, {"key": "resulting-from", "type": "definition", "offset": [184, 198]}, {"key": "mental-illness", "type": "clause", "offset": [229, 243]}, {"key": "termination-for-poor-performance", "type": "clause", "offset": [270, 302]}, {"key": "prior-to", "type": "clause", "offset": [350, 358]}, {"key": "written-notice", "type": "clause", "offset": [406, 420]}, {"key": "the-chief-executive-officer", "type": "clause", "offset": [426, 453]}, {"key": "the-board", "type": "clause", "offset": [457, 466]}, {"key": "not-met", "type": "definition", "offset": [531, 538]}, {"key": "satisfaction-of", "type": "clause", "offset": [717, 732]}, {"key": "the-employment-agreement-remains-in-full-force-and-effect", "type": "clause", "offset": [811, 868]}, {"key": "in-accordance-with", "type": "definition", "offset": [869, 887]}, {"key": "notwithstanding-the-foregoing", "type": "clause", "offset": [899, 928]}, {"key": "to-the-extent", "type": "clause", "offset": [930, 943]}, {"key": "provisions-of-the-employment", "type": "clause", "offset": [988, 1016]}, {"key": "this-amendment", "type": "clause", "offset": [1031, 1045]}, {"key": "the-provisions-of-this", "type": "clause", "offset": [1047, 1069]}, {"key": "the-laws", "type": "definition", "offset": [1164, 1172]}, {"key": "state-of-new-jersey", "type": "definition", "offset": [1180, 1199]}, {"key": "applicable-to", "type": "definition", "offset": [1200, 1213]}], "snippet": "means Executive\u2019s consistent failure to meet reasonable performance expectations and goals which are established by Employer and communicated to Executive (other than any such failure resulting from incapacity due to physical or mental illness); provided, however, that termination for Poor Performance shall not be effective unless at least 30 days prior to such termination Executive shall have received written notice from the Chief Executive Officer or the Board which specifically identifies the manner in which Executive has not met the prescribed performance expectations and goals and Executive shall not have corrected such failure or made substantial and material progress in correcting such failure to the satisfaction of the Chief Executive Officer or the Board. Except as expressly amended hereby, the Employment Agreement remains in full force and effect in accordance with its terms. Notwithstanding the foregoing, to the extent that there is any inconsistency between the provisions of the Employment Agreement and this Amendment, the provisions of this Amendment shall control. This Amendment shall be governed by and construed in accordance with the laws of the State of New Jersey applicable to contracts made and to be wholly performed therein.", "size": 5, "hash": "8a411a991b867011dc06e95e7a204f5f", "id": 10}], "next_curs": "Cl0SV2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjkLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIZcG9vci1wZXJmb3JtYW5jZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "definition": {"snippet": "means the failure by the Executive to perform the duties of his office to the satisfaction of the Board or the Chief Executive Officer of the Company as approved by the Board. Poor performance shall be exclusively determined by the Board or the Chief Executive Officer as approved by the Board.", "title": "Poor Performance", "size": 134, "id": "poor-performance", "examples": ["Following a termination for <strong>Poor Performance</strong>, the Officer shall be entitled to payment of his base salary through his last day of employment, and, within 30 days after such last day, a single payment in an amount equal to the guaranteed minimum annual compensation as defined in Section 4(c), but no other payments or benefits hereunder or otherwise whatsoever, subject to the terms of Section 5(e)(iii).", "The failure by Executive or the Company to set forth in the Notice of Termination any fact or circumstance which contributes to a showing of Good Reason, <strong>Poor Performance</strong> or Cause will not waive any right of Executive or the Company, respectively, hereunder or preclude Executive or the Company, respectively, from asserting such fact or circumstance in enforcing Executive\u2019s or the Company\u2019s rights hereunder.", "Employer may terminate Officer&#x27;s employment under this Agreement for &quot;<strong>Poor Performance</strong>.&quot; <strong>Poor Performance</strong> is a failure of the Officer to properly meet the duties and responsibilities of his position in a competent fashion, as determined by the Chief Executive Officer.", "The Post-Employment Non-Compete Period shall mean a two-year period of time following termination of the Executive&#x27;s employment with the Company, except if the termination of employment occurs after a Change in Control of the Company the Non-Compete Period shall be reduced to zero, and in the case of termination for <strong>Poor Performance</strong> prior to a Change in Control of the Company, it shall be reduced to one year.", "Any termination by the Company for <strong>Poor Performance</strong>, or Cause, or by Executive for Good Reason, will be communicated by Notice of Termination to the other party hereto given in accordance with Section 17(f) of this Agreement.", "The Company may terminate Executive\u2019s employment for <strong>Poor Performance</strong> or with or without Cause.", "For the purpose of this Agreement, &quot;<strong>Poor Performance</strong>&quot; shall mean a finding by a majority of the non-officer members of each of the Boards of Directors of UNB and the Bank that, in the good faith opinion of each such majority: (i) the Executive&#x27;s performance of his duties was sufficiently unsatisfactory to merit termination, and (ii) prior notice of such unsatisfactory performance was given to the Executive without cure having occurred.", "If the Board of Directors of Employer determines, in its sole and absolute discretion, that Officer is exhibiting &quot;<strong>Poor Performance</strong>,&quot; as described in Section 5(d), but there is not a resulting termination of Officer&#x27;s employment, the Compensation Committee may, in its sole and absolute discretion, cancel any outstanding, but unvested stock options or restricted stock that were previously granted to Officer.", "The Company shall have the right, at any time prior to a Change in Control of the Company (but not thereafter), to terminate the employment of the Executive for <strong>Poor Performance</strong> by written Notice of Termination (as defined in Section 4.7 hereof).", "All stock options granted in accordance with this Section 4(d) shall give Officer the right, upon termination of his employment hereunder, other than for Cause or <strong>Poor Performance</strong> (as defined in Section 5(e)), to exercise such options for a period of between 3 months and 12 months after such termination as provided hereinafter (but in no event later than their expiration date)."], "related": [["index-performance", "Index Performance", "Index Performance"], ["final-performance", "Final Performance", "Final Performance"], ["human-performance", "human performance", "human performance"], ["unsatisfactory-performance", "Unsatisfactory Performance", "Unsatisfactory Performance"], ["basket-performance", "Basket Performance", "Basket Performance"]], "related_snippets": [], "updated": "2026-03-25T06:39:06+00:00"}, "json": true, "cursor": ""}}