Define: Cause
What does "Cause" mean? The meaning differs based on the contract. We found 10 definitions across 26 companies in SEC filings.
Definition 1 (Air Products & Chemicals, Inc., seen in 1 filing)
Cause means (a) the willful failure of a Covered Executive to substantially perform his or her duties (other than any such failure due to Disability), after a demand for substantial performance is delivered, which demand shall identify the manner in which the Company believes that the Covered Executive has not substantially performed his duties, (b) a Covered Executive s engaging in willful and serious misconduct that has caused or would reasonably be expected to result in material injury to the Company or any of its affiliates, (c) a Covered Executive s conviction of, or entering a plea of nolo contendere to, a crime that constitutes a felony, (d) a Covered Executive s engaging (i) in repeated acts of insubordination or (ii) an act of dishonesty, or (e) violation by the Covered Executive of any provision of Company s Code of Conduct.
Source: Air Products & Chemicals, Inc. 10-K
Definition 2 (ANALOG DEVICES INC, seen in 1 filing)
Cause means (i) any willful failure by the Grantee, which failure is not cured within 30 days of written notice to the Grantee from the Company, to perform his or her material responsibilities to the Company or (ii) any willful misconduct by the Grantee which affects the business reputation of the Company.
Source: ANALOG DEVICES INC 10-K
Definition 3 (ANALOG DEVICES INC, seen in 1 filing)
Cause means unsatisfactory job performance (as determined by the Company), willful misconduct, fraud, gross negligence, disobedience or dishonesty, or as otherwise determined under applicable law.
Source: ANALOG DEVICES INC 10-K
Definition 4 (APPLIED MATERIALS INC /DE, seen in 1 filing)
Cause means a Participant s (a) failure to perform (other than due to mental or physical disability or death) the duties of the Participant s position (as they may exist from time to time) to the reasonable satisfaction of the Company or an Affiliate after receipt of a written warning or performance improvement plan (b) any act of dishonesty taken in connection with the Participant s responsibilities as an employee that is intended to result in the Participant s personal enrichment (c) conviction or plea of no contest to a crime that negatively reflects on the Participant s fitness to perform the Participant s duties or harms the reputation or business of the Company or of an Affiliate (d) willful or reckless misconduct that is injurious to the reputation or business of the Company or of an Affiliate or (e) violation of a material policy of the Company or of an Affiliate.
Source: APPLIED MATERIALS INC /DE 10-K
Definition 5 (JPMORGAN CHASE & CO, seen in 1 filing)
Cause means a determination by the Firm that your employment terminated as a result of your (i) violation of any law, rule or regulation (including rules of self-regulatory bodies) related to the Firm's business, (ii) indictment or conviction of a felony, (iii) commission of a fraudulent act, (iv) violation of the JPMorgan Chase Code of Conduct or other Firm policies or misconduct related to your duties to the Firm (other than immaterial and inadvertent violations or misconduct), (v) grossly inadequate performance of the duties associated with your position or job function or failure to follow reasonable directives of your manager, or (vi) any act or failure to act that is injurious to the interests of the Firm or its relationship with a customer, client or an employee.
Source: JPMORGAN CHASE & CO 10-K
Definition 6 (JPMORGAN CHASE & CO, seen in 1 filing)
Cause means a determination by the Firm that your employment terminated as a result of your (i) violation of any law, rule or regulation (including rules of self-regulatory bodies) related to the Firm s business, (ii) indictment or conviction of a felony, (iii) commission of a fraudulent act, (iv) violation of the JPMorgan Chase Code of Conduct or other Firm policies or misconduct related to your duties to the Firm (other than immaterial and inadvertent violations or misconduct), (v) grossly inadequate performance of the duties associated with your position or job function or failure to follow reasonable directives of your manager, or (vi) any act or failure to act that is injurious to the interests of the Firm or its relationship with a customer, client or an employee.
Source: JPMORGAN CHASE & CO 10-K
Definition 7 (EQT Corp, seen in 1 filing)
Cause means (i) Consultant s conviction of a felony, a crime of moral turpitude or fraud or Consultant having committed fraud, misappropriation or embezzlement in connection with the performance of his duties or (ii) Consultant s willful and repeated failures to substantially perform assigned duties that continues after notice from the Company to Consultant.
Source: EQT Corp 10-K
Definition 8 (EQT Corp, seen in 1 filing)
Cause means (i) Employee s conviction of a felony, a crime of moral turpitude or fraud or Employee having committed fraud, misappropriation or embezzlement in connection with the performance of her duties; (ii) Employee s willful and repeated failures to substantially perform assigned duties; or (iii) Employee s violation of any provision of a written employment-related agreement between Employee and the Company or express significant policies of the Company.
Source: EQT Corp 10-K
Definition 9 (AMGEN INC, seen in 1 filing)
Cause means (i) your conviction of a felony (or similar crime under applicable law, as determined by the Company), or (ii) your engaging in conduct that constitutes willful gross neglect or willful gross misconduct in carrying out your duties, resulting, in either case, in material economic harm to the Company or any Affiliate, unless you believed in good faith that such conduct was in, or not contrary to, the best interests of the Company or any Affiliate.
Source: AMGEN INC 10-K
Definition 10 (AMGEN INC, seen in 1 filing)
Cause means (i) your conviction of a felony (or similar crime under applicable law, as determined by the Company), or (ii) your engaging in conduct that constitutes willful gross neglect or willful gross misconduct in carrying out your duties, resulting, in either case, in material economic harm to the Company or any Affiliate, unless you believed in good faith that such conduct was in, or not contrary to, the best interests of the Company or any Affiliate. For purposes of clause (ii) above, no act, or failure to act, on your part shall be deemed willful unless done, or omitted to be done, by you not in good faith.
Source: AMGEN INC 10-K
Data extracted from 84 SEC EDGAR filings across 26 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.