Common use of Good Cause Clause in Contracts

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 written 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 TSI which materially and adversely affects the operations or reputation of the Company or TSI; (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 (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

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Good Cause. The Company may terminate the Agreement ten (10) days after delivery of written notice to Employee for good cause, which shall be: (1) Employee's willful, material 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 written notice of need to cure 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 TSI which materially and adversely affects the operations or reputation of the Company or TSI; (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 (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of written notice to Employee for good cause, which shall be: (1) Employee's willful, material 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 written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (3) Employee's willful dishonesty, fraud fraud, or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSI; (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 (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 written notice of need to cure 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 TSI which materially and adversely affects the operations or reputation of the Company or TSI; (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 (Travel Services International Inc), Employment Agreement (Travel Services International Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of written notice to Employee for good cause, which shall be: (1i) Employee's willful, material and irreparable breach of this AgreementAgreement (continuing for ten (10) days after receipt of written notice); (2ii) Employee's gross negligence in the performance or intentional nonperformance (continuing for ten (10) days after receipt of written notice of need to cure notice) of any of Employee's material duties and responsibilities hereunder; (3iii) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (4iv) 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 (Woodroast Systems Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 non-performance (either of which continuing for ten (10) days after receipt of written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (2) Employee's willful, material and irreparable breach of this Agreement; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (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 (Design Automation Systems Inc)

Good Cause. The Company may terminate the this Agreement ten (10) 10 days after delivery of written notice to Employee for good cause, which shall be: (1i) Employee's willful, material and irreparable breach of this Agreement; (2ii) Employee's gross negligence in the performance or intentional material nonperformance (continuing for ten (10) 10 days after receipt of written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (3iii) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (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 1 contract

Samples: Employment and Non Competition Agreement (Ifco Systems Nv)

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Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 (either of which continuing for ten (10) days after receipt of written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (2) Employee's willful, material and irreparable breach of this Agreement; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (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 (Design Automation Systems Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 written notice of need to cure 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 TSI Cotelligent which materially and adversely affects the operations or reputation of the Company or TSICotelligent; (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 (Cotelligent Group Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of written notice to Employee for good cause, which shall bemean: (1) Employee's willful, material and irreparable breach of this Agreement; (2) Employee's gross negligence in the performance or intentional nonperformance (either of which continuing for ten (10) days after receipt of written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (2) Employee's willful, material and irreparable breach of this Agreement; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (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 (Epicedge Inc)

Good Cause. The Company may terminate the Agreement ten (10) days after delivery of 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 (either of which continuing for ten (10) days after receipt of written notice of need to cure cure) of any of Employee's material duties and responsibilities hereunder; (2) Employee's willful, material and irreparable breach of this Agreement; (3) Employee's willful dishonesty, fraud or misconduct with respect to the business or affairs of the Company or TSI which materially and adversely affects the operations or reputation of the Company or TSICompany; (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 (Design Automation Systems Inc)

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