Termination of Cause Sample Clauses

Termination of Cause. If the Bank terminates the Executive's employment for: 5.2.1 Gross negligence or gross neglect of duties; 5.2.2 Commission of a felony or of a gross misdemeanor involving moral turpitude; or 5.2.3 Fraud, disloyalty, dishonestly or willful violation of any law, regulation or significant Bank policy committed in connection with the Executive's employment and resulting in an adverse effect on the Bank.

Termination of Cause. Millbrook reserves the right to terminate this Agreement at any time for "cause" as defined below. As used in this Agreement, the term "cause" shall mean (i) the commission by you of any act which would constitute a felony under state or federal law, or the equivalent under foreign law; if prosecuted; (ii) the commission by you of any act of moral turpitude; (iii ) the material breach by you of any of the provisions of this Agreement; (iv) your failure or refusal to perform your obligations under this Agreement, or other acts or omissions constituting neglect or dereliction of duties hereunder; (v) fraud, dishonesty or other acts or omissions by you that amount to a willful breach of your fiduciary duty to Millbrook; or (vi) the happening of any other event which, under provisions of any laws applicable to Millbrook or its activities, disqualifies you from acting in any or all capacities provided for herein. Millbrook may, at its option, terminate this Agreement for the reasons stated in this Section by giving written notice of termination to you without prejudice to any other remedy to which Millbrook may be entitled either by law, in equity, or under this Agreement. Notwithstanding the foregoing, if Millbrook proposes to exercise this right, it will provide you with written notice and give you a reasonable opportunity to present, with the assistance of an attorney if you so choose, to the Board of Directors of Millbrook facts and witnesses related to the proposed termination before such termination becomes effective. Upon any such termination under this Section, and upon Millbrook's request, you agree to resign from all directorships and positions as an executive officer you may then hold with Millbrook or any of its affiliates.

Termination of Cause. The ADO may cancel and terminate this Agreement for cause immediately upon written notice to the Attorney. “Cause” includes but is not limited to the revocation or suspension of the Attorney’s license to practice law or the failure of the Attorney to perform a material requirement of this Agreement. The amount received by the Attorney to the date of termination for cause shall constitute full compensation pursuant to this Agreement.

Termination of Cause. Pop N Go may terminate this agreement prior to the one year initial term or any renewal thereafter for cause, as defined be here- in below: A. If Pop N Go receives in excess of three (3) written complaints regarding Canalport from a single location within a thirty (30) day period. However, the aforesaid complaints will not cause a termination for a cause unless Canalport has been provided with written notice of any and all such complaints and has had at least fifteen (15) business days to rectify any such complained of problems with location. B. If Canalport becomes adjudicated bankrupt or makes voluntary assignment for the benefit of the creditors. C. If Canalport breaches a material term of this agreement and only if, after the provision of fifteen (15) business days written notice Canalport, Canalport fails to cure actual material breach. D. If Canalport assigns any of the rights assigned to Canalport under this agreement, without the prior written consent of Pop N Go, in accordance with paragraph 16 below.

Termination of Cause. Either party will have the right to terminate this Agreement if the other party breaches any material term or condition of this Agreement and fails to cure such breach within 2 weeks after receipt of written notice of the same.

Termination of Cause. Either party shall have the right to terminate this Agreement for cause if the other party: (a) Fails to perform any material term or condition of this Agreement, and does not remedy the failure with thirty (45) days after receipt of written notice of such default given by the non-defaulting party; or (b) Becomes insolvent, files or has filed against it a petition under applicable bankruptcy or insolvency laws which is not dismissed within ninety (90) days, proposes any dissolution, composition or financial reorganization with creditors, makes an assignment for the benefit of creditors, or if a receiver, trustee, custodial or similar agent is appointed or takes possession with respect to any property or business of the defaulting party.

Termination of Cause. Notwithstanding anything set forth in this Agreement to the contrary, the Company shall have the right to terminate the Executive's employment for Cause (as defined in this Section 6.1) at any time prior to the Termination Date, immediately upon notice to the Executive, which such notice shall state with reasonable specificity the grounds pursuant to which the Company has elected to terminate the Executive's employment for Cause. For the purposes of this Agreement, "Cause" shall mean (i) the willful and material breach or the willful and material failure by the Executive to perform his duties and obligations under this Agreement (including if by reason of habitual intoxication or addition to any controlled substance or other drug) which such willful and material breach or failure is not cured within a reasonable period of time after the Company has provided notice of such breach or failure to the Executive, (ii) the commission by the Executive of a material act of dishonesty in the performance of his duties hereunder (such as, for example, the willful misappropriation of funds or property of the Company), (iii) the Executive being convicted of a crime involving the Company, (iv) the Executive willfully violating any material provision of this Agreement, which such willful and material violation is not cured within a reasonable period of time after the Company has provided notice of such violation to the Executive, or (v) in the event the Executive has been convicted of any felony or any crime involving moral turpitude or dishonesty. Notices required to be provided by the Company to the Executive under this Section 6.1 shall state the specific nature of the alleged "Cause".

Termination of Cause. In the event Noal▇'▇ ▇▇▇loyment is terminated during the Scheduled Term by KeyCorp for Cause, KeyCorp may, by giving written notice to Noal▇, ▇▇rminate this Agreement and all its obligations remaining to be performed or observed by it under this Agreement other than KeyCorp's obligation to satisfy the terms of the Central Board Resolution referred to in the penultimate sentence of Section 16.

Termination of Cause. Futech may terminate the employment of, and this agreement with respect to, Employee if (a) such Employee breaches his fiduciary duties to Futech or is guilty of fraud or willful malfeasance, (b) such Employee materially breaches any representation, warranty, covenant or agreement contained in this agreement or fails to perform any of this obligations under this agreement or duties assigned to him pursuant to his agreement within 10 days after Futech has given written notice to such Employee of such failure, (c) if Employee materially misrepresents any statement to Futech, (d) such Employee is convicted of a crime involving moral turpitude or a felony, (e) such Employee knowingly commits a material violation of any law, rule, regulation or by-law of a securities exchange or association or other regulatory or self-regulatory body or agency applicable to or any general policy or directive of Futech communicated in writing to such Employee, (f) such Employee fails to follow reasonable instructions and/or policies of Futech's Chairman of the Board and Chief Executive Officer, or (g) such Employee terminates this Agreement at any time. Upon termination of this letter agreement pursuant to this paragraph 10, Futech's sole obligation to Employee shall be to pay all accrued salary. However, this shall not affect Employee's vested benefits under paragraph 6. Upon such termination, Employee's obligation to Futech under the Confidentiality Agreement shall survive.