Common use of Termination for Certain Causes Clause in Contracts

Termination for Certain Causes. In the event of (i) the conviction of the Executive of any criminal code offence under federal or provincial law, or (ii) willful gross misconduct of the Executive in the performance of his duties hereunder; (iii) a material breach of any of the provisions of this Agreement, where such breach has not been cured by the Executive within a period of ten days of receipt of written notice from the Corporation of proposed termination specifying the particular breach; (iv) the Executive's abuse of alcohol or illegal drugs, unless, in the sole discretion of the Corporation, the Executive shall successfully complete a qualified rehabilitation program; (v) any act of theft or fraud by the Executive against the Corporation.

Termination for Certain Causes. In the event of (i) the conviction of ------------------------------ the Executive of any criminal code offence felony under federal or provincial state law, or (ii) willful gross misconduct of the Executive in the performance of his duties hereunder; (iii) a material breach of any of the provisions of this Agreement, where such breach has not been cured by the Executive within a period of ten days of receipt of written notice from the Corporation of proposed termination specifying the particular breach; (iv) the Executive's abuse of alcohol or illegal drugs, unless, in the sole discretion of the Corporation, the Executive shall successfully complete a qualified rehabilitation program; (v) any act of theft or fraud by the Executive against the Corporation.

Termination for Certain Causes. In the event of (i) the conviction of the Executive of any criminal code offence under federal or provincial law, or (ii) willful gross misconduct of the Executive in the performance of his duties hereunder; (iii) a material breach of any of the provisions of this Agreement, where such breach has not been cured by the Executive within a period of ten days of receipt of written notice from the Corporation of proposed termination specifying the particular breach; (iv) the Executive's abuse of alcohol or illegal drugs, unless, in the sole discretion of the Corporation, the Executive shall successfully complete a qualified rehabilitation program; (v) any act of theft or fraud by the Executive against the Corporation. Termination without cause entitles the Executive to three months' salary and benefits.