Serious Reason definition

Serious Reason means a serious reason pursuant to Article 2094 of the CCQ and includes, without limitation, (a) the Executive’s breach of a material term of this Agreement; (b) the Executive’s conviction of a criminal offence involving fraud or dishonesty, or which otherwise adversely impacts the reputation of the Company; (c) the Executive directly or indirectly making personal profit out of or in connection with a transaction or business opportunity to which the Company is involved or otherwise associated with, without making disclosure to and seeking the prior written consent of the Company; (d) the Executive’s failure to comply with any Company rules or policies of a material nature; (e) the Executive’s continued failure to substantially perform their job duties; (f) any actions or omissions on the Executive’s part constituting gross misconduct or negligence in connection with the business of the Company.
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Serious Reason means that Xx.
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Serious Reason means a serious reason that would constitute just cause at common law.
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Examples of Serious Reason in a sentence

  • This Agreement may be terminated immediately by the Company at any time for Serious Reason as defined in section 5.1 below.

  • Any violation of this rule shall constitute a Serious Reason for the immediate withdrawal of the member from the Association.ARTICLE 30 - CONFIDENTIALITY- All discussions and works undertaken within the Association shall remain confidential.

  • This form is official notice that you are hereby issued a (check appropriate): Warning Reprimand *Suspension *Discharge Notice Nature of Disciplinary Offense: Less Serious More Serious Reason for Discipline: Signature of Principal or Supervisor Title Date I acknowledge that I have been informed of the reason for my (circle appropriate) warning, reprimand, *suspension or *discharge notice.

  • DRAXIS may terminate this Agreement and your employment hereunder, in its sole discretion, Without Notice and Without Serious Reason, effective immediately upon the date you are advised of the termination (the “Date of Termination”) DRAXIS HEALTH INC.

  • A listing of deaths and serious adverse events will be presented, which will include Subject ID, treatment group, Adverse Event Description, Study Day the Event became Serious, Reason Reported as an SAE, Relationship to Treatment, Alternate Etiology if Not Related, Outcome, and Duration of Event in days (Table 59).

  • In case of termination Without Serious Reason, as Without Serious Reason is defined in paragraph 8.2, the Employee will be entitled to exercise the options that are vested at the date of termination and the options that would have vested within twelve (12) months of the said termination, within ninety (90) days of said date of termination.

  • In the event of a Change of Control resulting in Termination Without Serious Reason or Resignation for Good Reason within two years of the Change of Control, all of the Executive’s unvested options, shares or other equity shall immediately vest upon such termination or resignation.

  • In addition, the Employee may give notice of resignation within four (4) months following the Change of Control and in those circumstances he will be entitled to receive all of the compensation payable in the case of a Termination Other than for Serious Reason.

  • The Company may terminate the Executive’s employment at any time for Serious Reason upon simple written notice to the Executive, in which event all payments under this Agreement shall cease, except for any Accrued Obligations.

  • This innovation also provides an insight into the process of territorial accumulation, akin to the innovative milieus developed by the GREMI (1987; Camagni and Maillat, 2006).


More Definitions of Serious Reason

Serious Reason means that Xx. Xxxxxxxx:
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Serious Reason means a serious reason pursuant to Article 2094 of the CCQ and includes, without limitation, (a) the Executive's breach of a material term of this Agreement; (b) the Executive's conviction of a criminal offence involving fraud or dishonesty, or which otherwise adversely impacts the reputation of the Company; (c) the Executive directly or indirectly making personal profit out of or in connection with a transaction or business opportunity to which the Company is involved or otherwise associated with, without making disclosure to and seeking the prior written consent of the Company; (d) the Executive's failure to comply with any Company rules or policies of a material nature; (e) the Executive's continued failure to substantially perform his job duties; (f) any actions or omissions on the Executive's part constituting gross misconduct or negligence in connection with the business of the Company.
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Serious Reason means any of the following grounds for the Executive’s termination of employment listed: (i) the Executive’s knowing and material dishonesty or fraud committed in connection with the Executive’s employment; (ii) theft, misappropriation, or embezzlement by the Executive of the Company’s funds; (iii) the Executive repeatedly negligently performing or failing to perform, or willfully refusing to perform, the Executive’s duties to the Company (other than a failure resulting from Executive’s incapacity due to physical or mental illness); (iv) the Executive’s conviction of or a plea of guilty to any crime involving fraud or misrepresentation, or any other crime (whether or not connected with his employment) the effect of which is likely to adversely affect the Company or its Affiliates; (v) a material breach by the Executive of any of the provisions or covenants set forth in this Agreement; (vi) a material breach by the Executive of the Company’s Code of Conduct and Business Ethics; (vii) any other act or omission by the Executive that has a material adverse effect on the Company’s ability to operate or (viii) any other acts, omissions or circumstances that constitute a serious reason for termination of employment without prior notice pursuant to Article 2094 of the Civil Code of Quebec. Prior to any termination of employment for Serious Reason pursuant to each such event listed in (i), (iii), (v), (vi), or (vii) above, to the extent such event(s) is capable of being cured by the Executive, the Company shall give the Executive written notice thereof describing in reasonable detail the circumstances constituting the Serious Reason and the Executive shall have the opportunity to remedy same within thirty (30) days after receiving written notice.
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Serious Reason means any event or circumstance which, pursuant to applicable law, constitutes a serious reason for termination of a service agreement without either notice or payment in lieu of notice or any damages whatsoever and shall include, without limitation, the occurrence of any of the following acts or events:
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Related to Serious Reason

  • Serious Misconduct means any misconduct identified as a ground for termination in the Motorola Code of Business Conduct, or the human resources policies, or other written policies or procedures.

  • Serious harm means harm, whether physical or

  • Serious offense means any of the following felonies or a felony attempt to commit any of the following felonies, as now existing or hereafter amended:

  • serious offence means: (a) a crime or offence involving the death of a person; (b) a sex-related offence or a crime, including sexual assault (whether against an adult or child); child pornography, or an indecent act involving a child; (c) fraud, money laundering, insider dealing or any other financial offence or crime, including those under legislation relating to companies, banking, insurance or other financial services; or (d) an attempt to commit a crime or offence described in (a) to (c);

  • Serious Breach means any breach defined as a Serious Breach in the Agreement or any breach or breaches which adversely, materially or substantially affect the performance or delivery of the Services or compliance with the terms and conditions of the Agreement or the provision of a safe, healthy and supportive learning environment or a breach of security that adversely affects the Personal Data or privacy of an individual. Failure to comply with Law, or actions or omissions by the Provider that endanger the Health or Safety of Learners, Provider Personnel, and all other persons including members of the public would constitute a Serious Breach;

  • Mysterious Disappearance means any disappearance of Property which, after a reasonable investigation has been conducted, cannot be explained.

  • Serious means violations that either result in one or more neg- ative outcomes and significant actual harm to residents that does not constitute imminent danger, or there is a reasonable predictability of recurring actions, practices, situations, or incidents with potential for causing significant harm to a resident, or both.

  • Serious assault means an act that constitutes a felony violation of chapter XI of the Michigan penal code, 1931 PA 328, MCL 750.81 to 750.90h, or that constitutes an assault and infliction of serious or aggravated injury under section 81a of the Michigan penal code, 1931 PA 328, MCL 750.81a.

  • Serious illness means an accident, injury, illness, disease, or physical or mental condition that: poses imminent danger of death; requires inpatient care in a hospital, hospice, or residential medical facility; or requires continuing in-home care under the direction of a physician or health care provider. Related current definitions are summarized in (f) below.

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

  • For Good Reason as defined in Section 6.4.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • Potential Change in Control means the occurrence of any of the following events:

  • Serious violation means OCC has made a valid finding when assessing a serious complaint that alleges:

  • Constructive Termination means:

  • Potential Change in Control Period shall commence upon the occurrence of a Potential Change in Control and shall lapse upon the occurrence of a Change in Control or, if earlier (i) with respect to a Potential Change in Control occurring pursuant to Section 18.15(A), immediately upon the abandonment or termination of the applicable agreement, (ii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(B), immediately upon a public announcement by the applicable party that such party has abandoned its intention to take or consider taking actions which if consummated would result in a Change in Control or (iii) with respect to a Potential Change in Control occurring pursuant to Section 18.15(C) or (D), upon the one year anniversary of the occurrence of a Potential Change in Control (or such earlier date as may be determined by the Board).

  • Good Reason means:

  • serious incident means any incident that directly or indirectly led, might have led or might lead to any of the following:

  • Material Change in Content means the occurrence since the Launch Date of a material change in the content, composition or constitution of the Futures Contract or the Commodity.

  • Voluntary Termination for Good Reason means that the Executive voluntarily terminates his employment after any of the following are undertaken without Executive’s express written consent:

  • Good Reason Event means (1) fraud, criminal conduct or willful misconduct by or on the part of the Company, (2) a representation or warranty made by the Company herein proving to be untrue in any material respect, or (3) a default in the due performance or observance by the Company of any covenant or agreement contained in this Agreement and such default continuing unremedied for a period of 30 days after written notice thereof to the Company by the Dealer Manager.

  • Demotion means a change from an employee's position to one with a lower maximum salary;

  • Continuous Service Status means the absence of any interruption or termination of service as an Employee or Consultant. Continuous Service Status as an Employee or Consultant shall not be considered interrupted in the case of: (i) sick leave; (ii) military leave; (iii) any other leave of absence approved by the Administrator, provided that such leave is for a period of not more than ninety (90) days, unless reemployment upon the expiration of such leave is guaranteed by contract or statute, or unless provided otherwise pursuant to Company policy adopted from time to time; or (iv) in the case of transfers between locations of the Company or between the Company, its Parents, Subsidiaries, Affiliates or their respective successors. A change in status from an Employee to a Consultant or from a Consultant to an Employee will not constitute an interruption of Continuous Service Status.

  • Serious Record means a conviction or any finding of guilt regarding a Serious Offence; and Vulnerable Person means an individual aged 18 years and above who is or may be unable to take care of themselves, or is unable to protect themselves against harm or exploitation for any reason, including age, physical or mental illness, trauma or disability, pregnancy, the influence, or past or existing use, of alcohol, drugs or substances or any other reason.

  • 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:

  • Cause Event means (1) fraud, criminal conduct or willful misconduct by or on the part of the Dealer Manager, (2) a representation or warranty made by the Dealer Manager herein proving to be untrue in any material respect, or (3) a default in the due performance or observance by the Dealer Manager of any covenant or agreement contained in this Agreement and such default continuing unremedied for a period of 30 days after written notice thereof to the Dealer Manager by the Company.