Stated Cause definition
Examples of Stated Cause in a sentence
In the event that (1) a Change of Control of TFH shall occur and (2) within two years after such Change of Control, Employee's employment with TFH is terminated other than by Employee, for any reason other than Employee's permanent disability, death, normal retirement or Good Cause (as hereinafter defined), or is terminated by Employee for Stated Cause (as hereinafter defined), TFH shall promptly pay to Employee as termination compensation the amount provided in subparagraph e.
In the event that (1) a Change of Control of TFH and (2) within two years after such Change of Control, Employee's employment with TFH is terminated other than by Employee, for any reason other than Employee's permanent disability, death, normal retirement or Good Cause (as hereinafter defined), or is terminated by Employee, for Stated Cause (as hereinafter defined), TFH shall promptly pay to Employee as termination compensation the amount provided in paragraph 5 hereof.