Failure to Relocate definition

Failure to Relocate means a refusal by or the inability or failure of the Executive to move his residence to the Dallas area and thenceforth to carry out his regular, full-time duties from the Company's Dallas headquarters within 90 days of being requested to do so by the Board of Directors as contemplated by paragraph 3 hereof (other than any such inability or failure during a period of incapacity due to mental or physical illness). Provided that the Failure to Relocate shall not be considered Cause or Good Reason for the purposes of this Agreement.
Sample 1
Failure to Relocate means the Executive's failure (whether by written notice to the Company, failure to act, or otherwise), following a request by the Company, to change his principal place of employment to Hialeah, Florida after the first 12 months of the Employment Period; PROVIDED, HOWEVER, that if the Company does not, within ninety (90) days after the first event constituting a Failure to Relocate, exercise its right to terminate the Executive's employment for Failure to Relocate, then the Company shall not thereafter have the right to terminate the Executive's employment for Failure to Relocate.
Sample 1
Failure to Relocate means termination of the Executive's employment with the Company or any of its subsidiaries by the Executive through his refusal to relocate from his current geographic location of employment to another geographic location more than fifty miles from the current location upon such request by the Company or any of its affiliates.
Sample 1

Examples of Failure to Relocate in a sentence

  • If the Executive's employment is terminated due to Failure to Relocate, the Corporation shall have no further obligation to the Executive under this Agreement.

  • The Company shall have the right to terminate Executive's employment for "Failure to Relocate" (as defined below) by providing written notice to the Executive within ninety (90) days of such event.

  • In the event of any termination of Executive's employment by the Company other than for Cause or Failure to Relocate, Executive shall not be required to seek other employment to mitigate damages and any income earned by Executive from other employment or self employment shall not be offset by any obligation of the Company to Executive under this Agreement.

  • The Company may terminate the Executive's employment hereunder for Cause or Failure to Relocate (as defined below).

  • If the Executive's employment is terminated by the Company for Failure to Relocate during the Employment Term, the Company shall pay to the Executive, in a lump sum in cash within 30 days after the Date of Termination, the aggregate of the amounts that would be payable under paragraph 6(a) if the termination had been effected at such time by the Company Other Than For Cause.

  • Any termination by the Corporation for Cause, Without Cause or Failure to Relocate, or by the Executive for Good Reason or election of Voluntary Retirement shall be communicated by Notice of Termination to the other party hereto given in accordance with Article 12.

  • If the Executive's employment is terminated by the Company for Failure to Relocate during the Employment Period, the Company shall pay to the Executive in a lump sum in cash within 30 days of the Notice of Termination, the aggregate of the amounts the would have been payable to the Executive under this Section 6 if such Termination had been effected by the Company Without Cause.

  • As a result of the Executive's termination for Failure to Relocate, the Executive shall receive the following payments and benefits.

Related to Failure to Relocate

  • Intentional Breach means, with respect to any representation, warranty, agreement or covenant, an action or omission taken or omitted to be taken that the breaching party intentionally takes (or intentionally fails to take) and knows (or reasonably should have known) would, or would reasonably be expected to, cause a material breach of such representation, warranty, agreement or covenant.

  • Occasion of Tax Non-Compliance means: any tax return of the Supplier submitted to a Relevant Tax Authority on or after 1 October 2012 which is found on or after 1 April 2013 to be incorrect as a result of: a Relevant Tax Authority successfully challenging the Supplier under the General Anti-Abuse Rule or the Halifax Abuse Principle or under any tax rules or legislation in any jurisdiction that have an effect equivalent or similar to the General Anti-Abuse Rule or the Halifax Abuse Principle; the failure of an avoidance scheme which the Supplier was involved in, and which was, or should have been, notified to a Relevant Tax Authority under DOTAS or any equivalent or similar regime in any jurisdiction; and/or any tax return of the Supplier submitted to a Relevant Tax Authority on or after 1 October 2012 which gives rise, on or after 1 April 2013, to a criminal conviction in any jurisdiction for tax related offences which is not spent at the Call Off Commencement Date or to a civil penalty for fraud or evasion;

  • Data Breach means a breach of security leading to the accidental or unlawful destruction, loss, alteration, unauthorised disclosure of, or access to, Personal Data transmitted, stored or otherwise processed.

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Data Breaches Party shall report to AHS, though its Chief Information Officer (CIO), any impermissible use or disclosure that compromises the security, confidentiality or privacy of any form of protected personal information identified above within 24 hours of the discovery of the breach. Party shall in addition comply with any other data breach notification requirements required under federal or state law.

  • Failure to Pay means, after the expiration of any applicable Grace Period (after the satisfaction of any conditions precedent to the commencement of such Grace Period), the failure by a Reference Entity to make, when and where due, any payments in an aggregate amount of not less than the Payment Requirement under one or more Obligations in accordance with the terms of such Obligations at the time of such failure.

  • Intentional for purposes of this Agreement, no act or failure to act on the part of the Executive shall be deemed to have been intentional if it was due primarily to an error in judgment or negligence. An act or failure to act on the Executive’s part shall be considered intentional if it is not in good faith and if it is without a reasonable belief that the action or failure to act is in the best interests of the Bank.

  • Willful and Material Breach means a material breach that is a consequence of an act undertaken by the breaching party or the failure by the breaching party to take an act it is required to take under this Agreement, with knowledge that the taking of or failure to take such act would, or would reasonably be expected to, result in, constitute or cause a breach of this Agreement.

  • Substantial or essential component means any component necessary for the proper function or performance of a piece of equipment, system, or service.

  • Malfunction means any sudden, infrequent, and not reasonably preventable failure of air pollution control equipment, process equipment, or a process to operate in a normal or usual manner. Failures that are caused in part by poor maintenance or careless operation are not malfunctions.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Material Breach means a breach by either Party of any of its obligations under this Agreement which has or is likely to have a Material Adverse Effect on the Project and which such Party shall have failed to cure.

  • Moral turpitude means conduct that is wrong in itself even if no statute were to prohibit the conduct; and

  • Persistent Breach means a Default which has occurred on three or more separate occasions with a continuous period of six (6) months.

  • Omission is the failure to submit part or all of the information or documentation required in the tendering document.

  • Building Envelope means the integrated elements of a building which separate its interior from the outdoor environment;