With Just Cause. 2.02 The Corporation may terminate the Executive's employment without notice and without any severance or other remuneration save for salary actually earned to the date of such termination where the Executive's employment is terminated with just cause. Without limiting the generality of the foregoing, just cause shall be deemed to include the following: (a) where the Executive has been convicted of any criminal offence involving moral turpitude; (b) upon the Executive's commission of gross or continuing negligence committed in the performance of his duties. Provided that the Executive shall first be given thirty days' written notice to cure or rectify such gross or continuing negligence; (c) upon the Executive's commission of serious or willful misconduct; (d) upon the Executive's failure to comply in any material way with any of the provisions of this Agreement. Provided that the Executive shall first be given thirty days' written notice to cure or rectify such failure to comply with the provisions of this Agreement; (e) upon a breach of the Executive's Confidentiality Agreement (as hereinafter defined); or (f) for any other reason that, at law, shall amount to just cause.
Appears in 1 contract
Sources: Executive Employment Agreement (Biovail Corp International)
With Just Cause. 2.02 The Corporation may terminate the Executive's employment without notice and without any severance or other remuneration save for salary actually earned to the date of such termination where the Executive's employment is terminated with just cause. Without limiting the generality of the foregoing, just cause shall be deemed to include the following:
(a) where the Executive has been convicted of any criminal offence involving moral turpitude;
(b) upon the Executive's commission of gross or continuing material negligence committed in the performance of his duties. Provided that the Executive shall first be given thirty days' written notice to cure or rectify such gross or continuing negligence;
(c) upon the Executive's commission of serious or willful misconduct;
(d) upon the Executive's failure to comply in any material way with any of the provisions of this Agreement. Provided that the Executive shall first be given thirty days' written notice to cure or rectify such failure to comply with the provisions of this Agreement;
(e) upon a breach of a material term in the Executive's Confidentiality Agreement following written notice thereof to the Executive (as hereinafter defined); or
(f) for any other reason that, at law, shall amount to just cause.
Appears in 1 contract
Sources: Executive Employment Agreement (Biovail Corp International)