Termination by the Company for. “Cause”. The Company may terminate Executive’s employment for “Cause” (as hereinafter defined) upon delivery of a Notice of Termination to Executive. For purposes hereof, “Cause” shall mean the determination by a majority of the Company’s Board of Directors, with no requirement of recusal and no special vote required of any particular class that the following has occurred: (i) Executive’s material failure to comply with the reasonable directives of the Company which are consistent with his position and responsibilities after written notice that such failure will be deemed to be “Cause” and a reasonable opportunity to cure (other than any such failure resulting from Executive’s incapacity because of physical or mental illness or from matters constituting Good Reason (as defined below)); (ii) dishonesty in connection with the Company, its Affiliates or their respective clients, including but not limited to embezzlement or misappropriation of funds; (iii) commission of any willful or intentional act which materially injures the reputation, business or business relationships of the Company and/or any of its Affiliates; (iv) Executive’s excessive drinking of alcohol or use of illegal drugs that impairs his ability to perform his duties under this Agreement; (v) conviction of, or entering a plea of guilty or no contest to, a felony or any crime involving moral turpitude, fraud, dishonesty or theft; (vi) engaging in any act which is a violation of any law or regulation protecting rights of employees or a violation of any material Company policy or operating procedure after written notice that such act will be deemed to be “Cause” and a reasonable opportunity to cure (other than any such failure resulting from Executive’s incapacity because of physical or mental illness or from matters constituting Good Reason); or (vii) a continued breach by Executive of any material provision of this Agreement (not covered by any of the foregoing clauses (i) through (vi)) after written notice that such breach will be deemed “Cause” and thirty (30) days (or such lesser period as the exigencies of the situation may require) to cure (other than any such failure resulting from Executive’s incapacity because of physical or mental illness or from matters constituting Good Reason)).
Termination by the Company for. CAUSE" OR VOLUNTARILY BY EXECUTIVE. The Company may terminate Executive's employment at any time with or without Cause, and Executive may terminate his or her employment at any time for any reason, in each case by delivery of written notice to the other party. If the Company terminates Executive's employment with the Company for Cause or if Executive terminates such employment by reason of disability, death or voluntary resignation, then Executive shall be entitled to receive all salary and benefits (including vacation, death, disability and medical benefits, if any, to the extent such benefits are accorded to Executive under the Company's benefit plans maintained for employees generally) accrued and payable to him or her with respect to services rendered through the date of termination and shall be entitled to no additional separation or severance payment hereunder. Further, in such case, this Agreement shall have no effect on, and shall not be deemed to amend or modify, any of the terms of any stock option granted to Executive by the Company through the date of termination (collectively, the "Options") and Executive's rights thereunder shall be limited
Termination by the Company for. CAUSE" OR BY THE EXECUTIVE WITHOUT "GOOD REASON." At any time during the Term, the Company may terminate this Agreement for "Cause" as defined in Section 8.1 by giving the Executive a Notice of Termination, which has attached to it copies of the Board determination that forms the basis of the Company's action. The Executive's employment shall terminate at the close of business on the last day of the Notice Period.
Termination by the Company for. Cause". The Company may terminate ------------------------------------- your employment for "cause"; provided, however, the Company shall have given you -------- ------- written notice specifying in reasonable detail the reason therefor, and ten (10) days after receipt of such notice in which to cure such "cause", if capable of cure. For the purposes of this Agreement, and event or occurrence constituting "cause" shall mean knowingly or recklessly causing material injury to the Company; willful misconduct in the performance of, or a willful failure to perform, your duties; commission of dishonest or fraudulent conduct whether or not in connection with your employment, or unlawful behavior involving moral turpitude whether or not in connection with your employment; or breach or violation of this Agreement. If your employment is terminated under this Section 5(c), all compensation and rights to benefits from the Company shall cease on the date of termination (other than as may have already accrued as of the date of termination or as expressly provided in plans in which you participated at the date of termination); provided, however, that the -------- ------- restrictions on your activities contained in Section 4 hereof shall continue in effect as provided therein.
Termination by the Company for. Cause." The Company and UniCapital may terminate the Term 10 days after written notice to Employee for "cause," which shall be: (i) Employee's material breach of this Agreement; (ii) Employee's gross negligence in the performance of his duties hereunder, intentional nonperformance or mis-performance of such duties, or refusal to abide by or comply with the directives of the Board, his superior officers, or the Company's or UniCapital's policies and procedures; (iii) Employee's willful dishonesty, fraud, or misconduct with respect to the business or affairs of the Company or UniCapital, and that in the judgment of the
Termination by the Company for. “Cause”. This Agreement may be terminated by the Company for “Cause” and, in such event, this Agreement and Executive’s employment with the Company shall terminate on the termination date designated by the Company. Provided, however, prior to the effective date of termination, the Company shall provide written notice to Executive describing in reasonable detail the for “Cause” reason for termination and provide Executive an opportunity to appear before the Board (with or without counsel) to discuss the circumstances constituting the “Cause”. For the purpose of this paragraph, “Termination for Cause” or “Cause” shall include the following:
Termination by the Company for. Cause". The Company may terminate your -------------------------------------- employment at any time during the Term of Employment hereunder for "Cause";
Termination by the Company for. CAUSE." For purposes of this Section 7, termination for "cause" shall mean termination of Executive by the Company for the
Termination by the Company for. “Cause”. In the event that the Company terminates Employee’s employment for “Cause” prior to expiration of the Term, Employee’s earned but unpaid Base Salary as of the effective date of such termination shall be paid in full. The Company shall have no obligation to pay the severance payment described in Section 7.1, and no other benefits shall be provided, or payments made by the Company pursuant to Section 3 of this Agreement, except for benefits which shall already have become vested under the terms of programs maintained by the Company or its affiliates for salaried employees generally. “Cause” shall mean: (a) gross negligence or willful misconduct in the performance of Employee’s material duties, if Employee has failed to fully cure the unsatisfactory performance within 15 days of receipt of written notice by the Company of the grounds for termination for Cause; (b) the commission of embezzlement, theft, material fraud or other acts of dishonesty; (c) violation by Employee of any of the material provisions of this Agreement; (d) conviction of or entrance of a plea of guilty or nolo contendre to a felony or other crime which has or may have a material adverse effect on Employee’s ability to carry out his duties under this Agreement; (e) conduct involving moral turpitude; or (f) failure or refusal to carry out the reasonable and material directives of the CEO.
Termination by the Company for. “Cause”. In the event that the Company terminates Executive’s employment for “Cause” prior to expiration of the Term, Executive’s earned but unpaid Base Salary as of the effective date of such termination shall be paid in full. The Company shall have no obligation to pay the severance payment described in Section 7.1, and no other benefits shall be provided, or payments made by the Company pursuant to Section 3 of this Agreement, except for benefits which shall already have become vested under the terms of programs maintained by the Company or its affiliates for salaried employees generally. “Cause” means the conviction of the Executive (including a plea or nolo contendere) of a felony or gross misdemeanor under federal or state law which is materially and demonstrably injurious to the Company or which impairs the Executive’s ability to perform substantially the Executive’s duties for the Company.
