The term for definition

The term for cause" shall mean the commission of acts or omissions by the executive which constitute fraud, dishonesty, excessive absenteeism without approval of the employer (provided such absenteeism is not caused by disability), a criminal act involving the person or property of others or the public generally, gross neglect of duty resulting in substantial loss to the employer or any affiliate, or willful failure to carry out reasonable and legal duties and responsibilities consistent with his duties. If a dispute arises as to discharge for "cause", such dispute shall be resolved by arbitration as set forth in this Retention Plan and Agreement.
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The term for cause" shall mean (i) the failure by Employee to perform any of his duties or obligations hereunder, which failure shall have continued for at least ninety (30) days after notice of such failure shall have been given to Employee by the Company; (ii) Employee's conviction of, guilty plea or plea of nolo contendere concerning any felony or misdemeanor (other than minor traffic violations or similar offenses); (iii) any act of fraud, embezzlement, theft or gross malfeasance on the part of Employee with respect to the Company or any of its assets; (iv) any of the representations and warranties made by Employee herein shall prove to have been materially false or misleading as of the time made; or (v) Employee's material breach of his obligations under this Agreement (other than as a result of incapacity). The Company shall have the right to terminate Employee's employment with the Company hereunder immediately upon the occurrence of any grounds for termination for "cause," upon written notice to the Employee. in the event that this Agreement is terminated for "cause," the Company shall pay Employee's base salary and accrued vacation through the date of termination.
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The term for cause" shall be defined as:
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Examples of The term for in a sentence

  • The term for any Software starts on the Effective Date of the Order Form and continues as indicated on the Order Form ("Term").

  • The term for the contract awarded pursuant to this solicitation will be for a three (3) year period effective from the date of contract execution.

  • The term for each Order placed under the Basic Contract shall be specified in the individual Order.

  • The term for your subscription license is set in your agreement with your partner.

  • The term for each Service commences on the Service Start Date and continues for the Initial Period, unless terminated or renewed in accordance with this Agreement (Service Term).

  • The term for which the Trust and each Series is to exist shall commence on the date of the filing of the Certificate of Trust, and shall terminate pursuant to the provisions of Article XIII hereof or as otherwise provided by law.

  • The term for assessment shall be resumed upon submission of the clarification required.

  • The term for which the Trust is to exist shall be perpetual, unless terminated pursuant to the provisions of Article XII hereof or as otherwise provided by law.

  • The term for the protection of Publisher's Confidential Information shall commence on the Effective Date first above written and shall continue in full force and effect as long as any of Publisher's Confidential Information continues to be maintained as confidential and proprietary by Publisher.

  • The term for such leave shall not exceed one calendar year from the date of the injury or illness.


More Definitions of The term for

The term for cause" shall mean (i) the failure by Employee to perform any of his duties or obligations hereunder, which failure shall have continued for at least ninety (90) days after notice of such failure shall have been given to Employee by the Company and provided, however, that such failure shall be reasonably within the control of the Employee; (ii) Employee's conviction of, guilty plea or plea of nolo contendere concerning any felony; (iii) any act of fraud, embezzlement, theft or gross malfeasance on the part of Employee with respect to the Company or any of its assets; (iv) any of the representations and warranties made by Employee herein shall prove to have been materially false or misleading as of the time made; or (v) the breach by
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