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

Termination of Employment by the Company for Cause. The Company may terminate Executive's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the Company:

Appears in 11 contracts

Samples: Employment Agreement (Payment Data Systems Inc), Employment Agreement (Payment Data Systems Inc), Employment Agreement (Billserv Inc)

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Termination of Employment by the Company for Cause. The Company may terminate ExecutiveEmployee's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive Employee within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive Employee without a reasonable belief that such act or omission would benefit the Company:

Appears in 5 contracts

Samples: Employment Agreement (Usio, Inc.), Employment Agreement (Payment Data Systems Inc), Employment Agreement (Payment Data Systems Inc)

Termination of Employment by the Company for Cause. The Company may terminate Executive's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the Company:

Appears in 2 contracts

Samples: Employment Agreement (Billserv Com Inc), Employment Agreement (Billserv Com Inc)

Termination of Employment by the Company for Cause. The Company may terminate Executive's employment if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause). For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith by Executive without a reasonable belief that such act or omission would benefit the Company:

Appears in 2 contracts

Samples: Employment Agreement (Imc Mortgage Co), Employment Agreement (Imc Mortgage Co)

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Termination of Employment by the Company for Cause. The Company may terminate Executive's employment upon giving written notice thereof, if such termination is for "Cause" (as defined herein) and Cause is not cured by Executive within any available cure period provided below. Such notice must set forth in reasonable detail the facts underlying the claim of Cause. For the purposes of this Agreement, "Cause" shall be defined as any of the following, which act or omission is in bad faith made or omitted by Executive without a reasonable belief that such act or omission would benefit the Company:

Appears in 1 contract

Samples: Employment Agreement (Imc Mortgage Co)

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