ROST » Topics » Termination for Cause

This excerpt taken from the ROST 10-Q filed Jun 10, 2009.
Termination for Cause means the termination of the Participant’s employment for “Cause” as defined by the Employment Agreement.

               (i)

This excerpt taken from the ROST DEF 14A filed Apr 13, 2009.
Termination for Cause: We will have “cause” for termination if an NEO continuously fails to perform his or her duties or intentionally engages in illegal or grossly negligent conduct that is materially injurious to the Company. Prior to such termination, we are required to give the NEO a specified notice, and the NEO must have failed to cure his or her conduct, to the extent a cure is possible, within a specified period.
 
  • These excerpts taken from the ROST 8-K filed May 23, 2008.
    Termination for Cause means the termination of the Participant’s employment for “Cause” as defined by the Employment Agreement.

                   (i)

    Termination for Cause. Notwithstanding any other provision of this Option Agreement, if the Participant’s Service is terminated for Cause, the Option, to the extent unexercised and exercisable by the Participant on the date on which the Participant’s Service terminated, may be exercised by the Participant at any time prior to the expiration of three (3) months after the date on which the Participant’s Service terminated, but in any event no later than the Expiration Date.

                   (d)

    This excerpt taken from the ROST DEF 14A filed Apr 14, 2008.
    Termination for Cause: We will have “cause” for termination if an NEO continuously fails to perform his or her duties or intentionally engages in illegal or grossly negligent conduct that is materially injurious to the Company. Prior to such termination, we are required to give the NEO a specified notice, and the NEO must have failed to cure his or her conduct, to the extent a cure is possible, within a specified period.
     
  • This excerpt taken from the ROST 10-Q filed Jun 13, 2007.
    Termination for Cause means the termination of the Participant’s employment for “Cause” as defined by the Employment Agreement.

                      (m)

    "Termination for Cause" elsewhere:

    Big Lots (BIG)
    Christopher & Banks (CBK)
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