Involuntary Termination for Cause. If the Employee's employment is terminated for Cause, then the Employee shall not be entitled to receive severance payments. The Employee's benefits will be terminated under the Company's then existing benefit plans and policies in accordance with such plans and policies in effect on the date of termination.
Involuntary Termination for Cause. The Executive’s involuntary termination “for cause.” “For cause” shall mean:
Involuntary Termination for Cause. Employer may terminate Executive’s employment for Cause by giving Executive written notice of such termination and the reasons therefor. Executive’s employment shall terminate immediately upon receipt of the notice.
Involuntary Termination for Cause. (1) Nothing in this Agreement prevents the Company from terminating your employment under this Agreement for Cause. In the event of your termination for Cause, the Company shall pay you your full accrued base salary and accrued vacation time through the date of your termination, you shall forfeit all then-outstanding stock options if you are not eligible for Retirement at the time of your termination, and the Company shall have no further obligations under this Agreement; provided that you shall otherwise be eligible to receive any and all compensation and benefits for which a similarly situated senior executive would be eligible under the applicable provisions of the compensation and benefit plans in which he is then eligible to participate, as those plans may be amended from time to time.
Involuntary Termination for Cause. The Bank reserves the right to terminate Executive’s employment for Cause. The Bank shall give Executive written notice of the termination and the reasons therefore. The Term of Employment shall terminate immediately upon receipt of the notice.
Involuntary Termination for Cause. If your active employment ceases as a result of your involuntary termination for Cause (as defined in the Plan), all of your restricted stock units shall be forfeited.]
Involuntary Termination for Cause. The Company may terminate this Agreement for cause. For the purposes of this Agreement, a termination for "cause" shall mean a termination resulting from a good faith and reasonable determination by the Company's Board of Directors that Employee (i) has committed a felony or act of moral turpitude which would materially injure the Company or its reputation or, (ii) has intentionally or willfully and repeatedly breached his duties hereunder in a material respect and, if curable, has failed to cure the same within thirty (30) days after receiving written notice of such breach from the Board of the Company. Such notice must be given to Employee following each claimed breach, whether or not curable. In the event of termination for cause, the Company shall have no further liability hereunder to Employee from and after the date of such termination.
Involuntary Termination for Cause. In the event the Company terminates Executive's employment for Cause (as such term is defined below), such termination ("Termination For Cause") shall be effective immediately upon notice thereof, in which case Executive will have no rights or claims against the Company under this Agreement except as follows:
Involuntary Termination for Cause. AKS may terminate your employment for Cause, but only upon written notice specifying the facts or circumstances constituting such Cause, which notice may be given at any time prior to the Date of Termination. The following circumstances shall constitute “Cause” for purposes of this Agreement: (a) you are convicted of, or enter a plea of guilty or nolo contendere, to a misdemeanor involving moral turpitude or to a felony, (b) you engage in fraud, misappropriation or embezzlement with respect to AKS, (c) your willful failure, gross negligence or gross misconduct in the performance of your assigned duties for AKS, and (d) your breach of a fiduciary duty to AKS.
Involuntary Termination for Cause. The Company reserves the right to terminate the Executive's Employment for Cause. In the event that the Company determines that Cause exists under Section 10(f)(i) for the termination of the Executive's Employment, the Company shall provide in writing (the "Notice of Cause") the basis for that determination and the manner, if any, in which the breach or neglect can be cured. If either the Company has determined that the breach or neglect cannot be cured, as set forth in the Notice of Cause, or has advised the Executive in the Notice of Cause of the manner in which the breach or neglect can be cured, but the Executive fails to effect that cure within 30 days after his receipt of the Notice of Cause, the Company shall be entitled to give the Executive written notice of his termination for Cause. In the event that the Company determines that Cause exists under Section 10(f)(ii) for the termination of the Executive's Employment, it shall be entitled to terminate the Executive's Employment without providing a Notice of Cause or any opportunity prior to that termination to contest that determination. Any termination of the Executive's Employment for Cause pursuant to this Section 8(f) shall be effective immediately upon the Executive's receipt of the Company's written notice of that termination and the Cause therefor.
