Common use of TERMINATION PRIOR TO EXPIRATION OF TERM AND EFFECTS OF SUCH TERMINATION Clause in Contracts

TERMINATION PRIOR TO EXPIRATION OF TERM AND EFFECTS OF SUCH TERMINATION. (a) Notwithstanding any other provision of this agreement, Company shall have the right to terminate Employee’s employment under this agreement at any time prior to the expiration of the Term for any of the following reasons: (i) For “cause” upon the good faith determination by the Company’s President that “cause” exists for the termination of the employment relationship. “Cause” shall mean termination by action of Company’s President because of Employee’s (A) final conviction of a felony or a misdemeanor involving moral turpitude (which, through lapse of time or otherwise, is not subject to appeal); (B) willful refusal without proper legal cause to perform Employee’s duties and responsibilities; or (C) willfully engaging in conduct which Employee has or should have reason to know may be materially injurious to Company. In case of (C), such termination shall be effected by at least thirty (30) days’ prior written notice thereof delivered by Company to Employee; provided, however, that if within seven (7) days following the date of such notice, Employee shall cease to engage in such conduct and shall use Employee’s best efforts to perform his duties and responsibilities hereunder, then the termination shall not be effective;

TERMINATION PRIOR TO EXPIRATION OF TERM AND EFFECTS OF SUCH TERMINATION. (a) Notwithstanding any other provision of this agreement, Company shall have the right to terminate Employee’s 's employment under this agreement at any time prior to the expiration of the Term for any of the following reasons: (i) For “"cause” " upon the good faith determination by the Company’s 's President that “"cause” " exists for the termination of the employment relationship. “"Cause” " shall mean termination by action of Company’s 's President because of Employee’s 's (A) final conviction of a felony or a misdemeanor involving moral turpitude (which, through lapse of time or otherwise, is not subject to appeal); (B) willful refusal without proper legal cause to perform Employee’s 's duties and responsibilities; or (C) willfully engaging in conduct which Employee has or should have reason to know may be materially injurious to Company. In case of (C), such termination shall be effected by at least thirty (30) days’ ' prior written notice thereof delivered by Company to Employee; provided, however, that if within seven (7) days following the date of such notice, Employee shall cease to engage in such conduct and shall use Employee’s 's best efforts to perform his duties and responsibilities hereunder, then the termination shall not be effective;