Common use of Termination by the Company for Good Cause Clause in Contracts

Termination by the Company for Good Cause. The Company may terminate Executive's employment upon ten (10) days prior written notice to Executive for "Good Cause," which shall mean any one or more of the following: (A) Executive's willful, material, and irreparable breach of this Agreement; (B) Executive's gross negligence in the performance or intentional nonperformance (continuing for thirty (30) days after receipt of written notice of need to cure) of any of Executive's material duties and responsibilities hereunder; (C) Executive'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; (D) Executive's conviction of a felony crime involving dishonesty or moral turpitude; or (E) a confirmed positive illegal drug test result. In the event of a termination by the Company for Good Cause, Executive shall have no right to any severance compensation.

Termination by the Company for Good Cause. The Company may terminate Executive's ’s employment upon ten (10) days prior written notice to Executive for "“Good Cause," ” which shall mean any one or more of the following: (A) Executive's ’s willful, material, and irreparable breach of this Agreement; (B) Executive's ’s gross negligence in the performance or intentional nonperformance (continuing for thirty (30) days after receipt of written notice of need to cure) of any of Executive's ’s material duties and responsibilities hereunder; (C) Executive'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; (D) Executive's ’s indictment for, conviction of of, or guilty plea to a felony crime involving dishonesty or moral turpitudeturpitude whether or not relating to the Company; or (E) a confirmed positive illegal drug test result. In the event of a termination by the Company for Good Cause, Executive shall have no right to any severance compensation.

Termination by the Company for Good Cause. The Company may terminate Executive's ’s employment upon ten (10) days prior written notice to Executive for "“Good Cause," ” which shall mean any one or more of the following: (A) Executive's ’s willful, material, and irreparable breach of this Agreement; (B) Executive's ’s gross negligence in the performance or intentional nonperformance (continuing for thirty (30) days after receipt of written notice of need to cure) of any of Executive's ’s material duties and responsibilities hereunder; (C) Executive'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; (D) Executive's ’s conviction of a felony crime involving dishonesty or moral turpitude; or (E) a confirmed positive illegal drug test result. In the event of a termination by the Company for Good Cause, Executive shall have no right to any severance compensation.