Common use of Good Cause Clause in Contracts

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written notice) of any of Employee's material duties and responsibilities hereunder; (3) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 24 contracts

Samples: Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc)

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Good Cause. The Company may terminate the Agreement ten five (105) days after written notice to Employee for good cause, which shall be: (1i) Employee's material and irreparable breach of this Agreement; (2ii) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten five (105) days after receipt of the written notice) of any of Employee's material duties and responsibilities hereunder; (3iii) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and that adversely affects the operations or reputation of the Company; (4iv) Employee's conviction of a felony crime; or (5v) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 11 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of same) of any of Employee's material duties and responsibilities hereunder; (3) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 10 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's ’s material and irreparable breach of this Agreement; (2) Employee's ’s gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of same) of any of Employee's ’s material duties and responsibilities hereunder; (3) Employee's ’s dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's ’s conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 9 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of same) of any of Employee's material duties and responsibilities hereunder; (3) Employee's dishonesty, fraud fraud, or misconduct with respect to the business or affairs of the Company which that materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 5 contracts

Samples: Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc), Employment Agreement (Sourcecorp Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's willful, material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's material duties and responsibilities hereunder; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic confirmed positive drug and/or alcohol abuse or illegal drug abuse by Employeetest result. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 4 contracts

Samples: Employment Agreement (Comfort Systems Usa Inc), Employment Agreement (Comfort Systems Usa Inc), Employment Agreement (Comfort Systems Usa Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after immediately upon written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's willful misconduct or gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's material duties and responsibilities hereunder; (32) Employee's willful dishonesty, fraud fraud, alcohol or illegal drug abuse, or misconduct with respect to the business or affairs of the Company Company, which materially and adversely affects the operations operations, prospects or reputation of the Company; or (43) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employeeother crime involving moral turpitude. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 4 contracts

Samples: Employment Agreement (Colorado Prime Corp), Employment Agreement (Prime Foods Development Corp), Employment Agreement (Colorado Prime Corp)

Good Cause. The Company may terminate the this Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's material duties and responsibilities hereunder; (3) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 3 contracts

Samples: Employment and Non Competition Agreement (Friede Goldman International Inc), Employment and Non Competition Agreement (Palex Inc), Employment and Non Competition Agreement (Friede Goldman International Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's willful, material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written notice) notice of need to cure of any of Employee's material duties and responsibilities hereunder; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or Collectibles which materially and adversely affects the operations or reputation of the CompanyCompany or Collectibles; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 2 contracts

Samples: Employment Agreement (Collectibles Usa Inc), Employment Agreement (Collectibles Usa Inc)

Good Cause. The Company may terminate the Agreement ten five (105) days after written notice to Employee (which notice was actually received by Employee) for good cause, which shall be: (1i) Employee's material and irreparable breach of this Agreement; (2ii) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten five (105) days after receipt of the written notice) of any of Employee's material duties and responsibilities hereunder; (3iii) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and that adversely affects the operations or reputation of the Company; (4iv) Employee's conviction of a felony crime; or (5v) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 2 contracts

Samples: Employment Agreement (Fyi Inc), Employment Agreement (Fyi Inc)

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Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall bemean: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's ’s gross negligence in the performance or intentional nonperformance (either of which continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's ’s material duties and responsibilities hereunder; (2) Employee’s willful, material and irreparable breach of this Agreement; (3) Employee's ’s willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's ’s conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 2 contracts

Samples: Employment Agreement (Epicedge Inc), Employment Agreement (Epicedge Inc)

Good Cause. The Company may terminate the this Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's willful, material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's material duties and responsibilities hereunder; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 1 contract

Samples: Employment Agreement (Awg LTD)

Good Cause. The Company may terminate the Agreement ten (10) days after immediately upon written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's willful misconduct or gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's material duties and responsibilities hereunder; (32) Employee's willful dishonesty, fraud fraud, alcohol or illegal drug abuse, or misconduct with respect to the business or affairs of of-the Company Company, which materially and adversely affects the operations operations, prospects or reputation of the Company; or (43) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employeeother crime involving moral turpitude. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 1 contract

Samples: Employment Agreement (Simplagene Usa Inc)

Good Cause. The Company may terminate the this Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's ’s, material and irreparable breach of this Agreement; (2) Employee's ’s gross negligence in the performance or intentional nonperformance non-performance (continuing for ten (10) days after receipt of the written noticenotice of need to cure) of any of Employee's ’s material duties and responsibilities hereunder; (3) Employee's ’s willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely aversely affects the operations or reputation of the Company; (4) Employee's ’s conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the the, event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 1 contract

Samples: Employment Agreement (Global Entertainment Corp)

Good Cause. The Company may terminate the Agreement ten (10) days after written notice to Employee for good cause, which shall be: (1) Employee's material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of the written notice) of any of Employee's material duties and responsibilities hereunder; (3) Employee's dishonesty, fraud or misconduct with respect to the business or affairs of the Company which materially and adversely affects the operations or reputation of the Company; (4) Employee's conviction of a felony crime; or (5) chronic alcohol abuse or illegal drug abuse by Employee. In the event of a termination for good cause, as enumerated above, Employee shall have no right to any severance compensation.

Appears in 1 contract

Samples: Employment Agreement (Staffmark Inc)

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