Common use of Termination by the Company for Clause in Contracts

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:

Appears in 2 contracts

Sources: Executive Employment Agreement (Vitro Biopharma, Inc.), Executive Employment Agreement (Vitro Biopharma, Inc.)