Termination by the Partnership for Cause Sample Clauses

Termination by the Partnership for Cause. The Partnership may terminate this Agreement at any time, in the discretion of the Board, in the event of (i) any conviction of Executive for a felony involving moral turpitude, (ii) any material breach by Executive of a material agreement between Executive and the Partnership or the Crown Pacific Group, including this Agreement, (iii) any material breach caused by Executive of the Partnership Agreement, the limited partnership agreement of any member of the Crown Pacific Group, or any corporation within the Crown Pacific Group, (iv) any conduct by Executive materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, (v) any failure by Executive to comply with policies, procedures, or directives of the Board, providedthat, except where such failure constitutes conduct materially injurious to the Partnership or the Crown Pacific Group or their respective businesses, Executive shall first be given written notice from the Board of such failure and such failure shall not have been cured within 10 days after such notice or, if such failure is not capable of being cured within 10 days, Executive shall not have commenced and be diligently pursuing in good faith efforts to cure such default, or (vi) any fraud, dishonesty, misappropriation of funds, embezzlement, or other similar acts of misconduct by Executive with respect to the Partnership or other Crown Pacific Group. In the event the Partnership terminates Executive's employment pursuant to this Section 5.2, then Executive shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date.
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Termination by the Partnership for Cause. In the event of a termination of your employment for Cause (as defined below), you shall be entitled to receive the pro rata portion of your base salary for services rendered to the date of termination, to the extent not previously paid, and you shall not be entitled to any further benefits or payments hereunder. The benefits to which you may be entitled pursuant to the plans, policies and arrangements referred to in Section 4 hereof shall be determined upon such termination in accordance with the terms of such plans, policies and arrangements. For purposes of this agreement, “Cause” means your conviction for a felony under the laws of the United States or any state thereof or a breach of your obligations set forth in Section 8(a) or (b) hereof, which breach is material to the business of the Partnership.
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Termination by the Partnership for Cause. In the event of a termination of your employment for Cause (as defined below), you shall be entitled to receive (i) the pro rata portion of your base salary for services rendered to the date of termination, to the extent not previously paid, (ii) all deferred compensation awards made to you under Section 2(b) hereof that have vested prior to the termination of your employment, and you shall not be entitled to any further benefits or payments hereunder. For purposes of this agreement, “Cause” means (i) your continuing willful failure to perform your duties hereunder (other than as a result of total or partial incapacity due to physical or mental illness), following at least 30 days’ written notice to you, which specifies the details of such failure, and a reasonable opportunity to cure, (ii) your engaging in any conduct which a court or other governmental body with proper jurisdiction finds (A) constitutes an employment disqualification under applicable law (including the Securities Exchange Act of 1934) or a felony under the laws of the United States or any state thereof and which is materially and demonstrably injurious to the business or the reputation of the Partnership, or (B) a material violation of federal or state securities law, (iii) in the absence of a finding by a court or other governmental body with proper jurisdiction that a felony or employment disqualification described in (ii)(A) or a violation described in (ii)(B) has occurred, a determination in good faith by the Board that an act or acts by you constitutes such a felony or employment disqualification or violation, and that the continued employment of you by the Partnership would be materially and demonstrably injurious to the business or the reputation of the Partnership or (iv) breach of the provisions of Section 7(a) or Section 7(b) hereof, which breach is material to the business of the Partnership.
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Termination by the Partnership for Cause. The General Partner shall have the right to terminate this Agreement at any time with cause. For purposes of this Section, "cause" shall mean the occurrence of any one or more of the following events: (a) cessation on the part of PacWest to do business or, if required by law, to qualify to do business; (b) failure of PacWest to deal with and account for Partnership funds in a commercially reasonable and honest manner, if such default continues for a period of thirty (30) days after written notice thereof is given by the General Partner to PacWest; provided however, that if a default is curable only within a period of time longer than thirty (30) days, then "cause" shall not have occurred hereunder unless PacWest fails to commence to cure the default with due diligence within the thirty (30) day period or thereafter fails to prosecute said cure to completion with due diligence within a reasonable period of time; (c) the occurrence of any default in the performance of any material covenant or agreement of PacWest contained herein, if such default continues for a period of thirty (30) days after written notice thereof is given by the General Partner to PacWest; provided however, that if a default is curable only within a period of time longer than thirty (30) days, then "cause" shall not have occurred hereunder unless PacWest fails to commence to cure the default with due diligence within the thirty (30) day period or thereafter fails to prosecute said cure to completion with due diligence within a reasonable period of time; (d) the performance by PacWest of any act with respect to the Property which is outside the scope of PacWest's rights or obligations hereunder, unless authorized by the Partnership. The events of cause described in subsection (a) above, shall, at the sole election of the General Partner, effect an immediate termination of this Agreement upon thirty (30) days written notice to PacWest, provided PacWest does not, within such notice period, qualify to do business or recommence business or correct any failure to deal with the accounts as described so as to result in no economic detriment to the Partnership. Termination for an event of cause enumerated in subsections (b) and (c) above shall be effected immediately upon the General Partner's written notice of termination to PacWest. With respect to any event of cause enumerated in subsection (d), the Partnership shall give written notice to PacWest of the alleged occurrence of such event of cau...
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Termination by the Partnership for Cause. The Partnership may terminate the Executive’s employment as a Consultant for Cause. For purposes of this Transition Agreement, “Cause” shall have the same meaning as set forth in Section 6(a)(iii) of the Employment Agreement.
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Termination by the Partnership for Cause. The Partnership may terminate this Agreement and Employee’s employment with the Partnership for Cause (as defined herein) upon the Partnership giving written notice of termination to the
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Related to Termination by the Partnership for Cause

  • Termination by the Company for Cause The Executive’s employment under this Agreement may be terminated by the Company for Cause at any time upon written notice to the Executive without further liability on the part of the Company. For purposes of this Agreement, a termination shall be for Cause if:

  • TERMINATION BY THE OWNER FOR CAUSE § 16.2.1 The Owner may terminate the Contract if the Contractor .1 repeatedly refuses or fails to supply enough properly skilled workers or proper materials;

  • Termination by the Employer for Cause The Executive’s employment under this Agreement may be terminated for Cause (as defined below) on the part of the Employer effective upon a vote of the Board of Directors, prior to which the Employer shall have given the Executive ten (10) days prior written notice and the opportunity to be heard on such matter at a meeting of the Board. Only the following shall constitute “Cause” for such termination:

  • Termination by the Company for Cause or by the Executive without Good Reason The Company may terminate the Executive’s employment pursuant to the terms of this Agreement at any time for Cause (as defined below) by giving the Executive written notice of termination. Such termination shall become effective upon the giving of such notice. Upon any such termination for Cause, or in the event the Executive terminates his employment with the Company without Good Reason (as defined in Section 6(c)), then the Executive shall have no right to compensation, or reimbursement under Section 4, or to participate in any Executive benefit programs under Section 5, except as may otherwise be provided for by law, for any period subsequent to the effective date of termination. For purposes of this Agreement, “Cause” shall mean: (i) the Executive is convicted of, or pleads guilty or nolo contendere to, a felony related to the business of the Company; (ii) the Executive, in carrying out his duties hereunder, has acted with gross negligence or intentional misconduct resulting, in any case, in material harm to the Company; (iii) the Executive misappropriates Company funds or otherwise defrauds the Company including a material amount of money or property; (iv) the Executive breaches his fiduciary duty to the Company resulting in material profit to him, directly or indirectly; (v) the Executive materially breaches any agreement with the Company and fails to cure such breach within 10 days of receipt of notice, unless the act is incapable of being cured; (vi) the Executive breaches any provision of Section 8 or Section 9; (vii) the Executive becomes subject to a preliminary or permanent injunction issued by a United States District Court enjoining the Executive from violating any securities law administered or regulated by the SEC; (viii) the Executive becomes subject to a cease and desist order or other order issued by the SEC after an opportunity for a hearing; (ix) the Executive refuses to carry out a resolution adopted by the Company’s Board at a meeting in which the Executive was offered a reasonable opportunity to argue that the resolution should not be adopted; or (x) the Executive abuses alcohol or drugs in a manner that interferes with the successful performance of his duties.

  • Termination by the Company for Good Cause The Company shall have the right to terminate the employment of the Executive for Good Cause (as such term is defined herein) by written notice to the Executive specifying the particulars of the circumstances forming the basis for such Good Cause.

  • Termination by the Company Without Cause or by the Executive for Good Reason If (x) the Executive’s employment is terminated by the Company other than for Cause, death or Disability (i.e., without Cause) or (y) the Executive terminates employment with Good Reason, then the Executive shall be entitled to receive the following from the Company:

  • Termination by the Company Other than for Cause Termination by the Company of the Executive’s employment for any reason other than for Cause, death or Disability. For purposes of this Agreement, “Cause” shall mean, as determined by the Board:

  • Termination by the Company Without Cause or by the Executive with Good Reason During the Term, if the Executive’s employment is terminated by the Company without Cause as provided in Section 3(d), or the Executive terminates his employment for Good Reason as provided in Section 3(e), then the Company shall pay the Executive his Accrued Benefit. In addition, subject to the Executive signing a separation agreement containing, among other provisions, a general release of claims in favor of the Company and related persons and entities, confidentiality, return of property and non-disparagement, in a form and manner satisfactory to the Company (the “Separation Agreement and Release”) and the Separation Agreement and Release becoming fully effective, all within the time frame set forth in the Separation Agreement and Release:

  • Termination by the Bank for Cause After the occurrence of any of the conditions specified in Section 7.1, the Bank shall have the right to terminate the Term for Cause on written notice to Executive, effective immediately.

  • Termination by Owner for Cause This Agreement may be terminated by Owner (or the Property Manager may be required by Owner to change its personnel assigned as Property Manager for the Property) at any time during the term hereof upon written notice to Property Manager effective immediately for any of the following causes:

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