BREACH OF ANY OF THE PROVISIONS OF CLAUSE 14.1.
14.3
YOU ACKNOWLEDGE THAT THE PROVISIONS OF THIS CLAUSE
ARE FAIR, REASONABLE AND NECESSARY TO PROTECT THE GOODWILL AND INTERESTS OF THE
GROUP.
THE BUSINESS OF THE GROUP MAY CHANGE OVER TIME AND AS A RESULT IT MAY
BECOME NECESSARY TO AMEND THE PROVISIONS OF THIS CLAUSE TO ENSURE THAT THE
GROUP'S LEGITIMATE INTEREST REMAIN ADEQUATELY PROTECTED.
YOU THEREFORE AGREE
THAT THE COMPANY MAY AMEND THE PROVISIONS OF THIS CLAUSE TO PROTECT THOSE
INTERESTS.
14.4
YOU SHALL, AT THE REQUEST OF THE COMPANY, ENTER
INTO A DIRECT AGREEMENT OR UNDERTAKING WITH ANY OTHER COMPANY IN THE GROUP TO
WHICH YOU PROVIDE SERVICES WHEREBY YOU WILL ACCEPT RESTRICTIONS CORRESPONDING TO
THE RESTRICTIONS IN THIS CLAUSE.
15.
TERMINATION
15.1
THE COMPANY SHALL BE ENTITLED TO TERMINATE YOUR
EMPLOYMENT WITHOUT GIVING THE PERIOD OF NOTICE SET OUT IN CLAUSE 3 BY SUMMARY
NOTICE IN WRITING IF YOU:
15.1.1
ARE UNABLE TO PERFORM YOUR DUTIES UNDER THIS
AGREEMENT BY REASON OF ILL HEALTH OR ACCIDENT, SUBJECT TO CLAUSE 11.6, EITHER
FOR A PERIOD OR PERIODS AGGREGATING AT LEAST 26 WEEKS IN ANY PERIOD OF 52 WEEKS
OR FOR 26 CONSECUTIVE WEEKS;
15.1.2
ARE GUILTY OF ANY DISHONESTY, GROSS MISCONDUCT OR
WILFUL NEGLECT OF DUTY OR COMMIT ANY SERIOUS BREACH OF A MATERIAL TERM OF THIS
AGREEMENT;
15.1.3
ARE GUILTY OF ANY REPEATED MISCONDUCT (OF A LESS
SERIOUS NATURE THAN THAT DESCRIBED IN CLAUSE 15.1.2), PROVIDED THAT, IN LIGHT OF
THE STANDARDS EXPECTED
OF SOMEONE OF YOUR SENIORITY, YOU HAVE RECEIVED A PRIOR WARNING OR WARNINGS
PROPORTIONAL TO THE GRAVITY OF SUCH MISCONDUCT AND PROVIDED THAT, WHERE
APPROPRIATE, YOU HAVE BEEN GIVEN A REASONABLE OPPORTUNITY TO CORRECT SUCH
MISCONDUCT AND HAVE FAILED TO DO SO;
15.1.4
ARE INCAPABLE OF PROPERLY PERFORMING YOUR DUTIES,
HAVING BEEN NOTIFIED OF SUCH INCAPABILITY;
15.1.5
ARE CONVICTED OF ANY CRIMINAL OFFENCE OTHER THAN
A MINOR MOTOR OFFENCE FOR WHICH A FINE OR NON-CUSTODIAL PENALTY IS IMPOSED WHICH
DOES NOT RENDER YOU UNABLE TO DISCHARGE YOUR DUTIES;
15.1.6
BECOME OF UNSOUND MIND OR A PATIENT FOR THE
PURPOSES OF ANY STATUTE RELATING TO MENTAL HEALTH;
15.1.7
BECOME PROHIBITED BY LAW FROM BEING A COMPANY
DIRECTOR;
15.1.8
FAIL OR CEASE TO MEET THE REQUIREMENTS,
RECOMMENDATIONS OR REGULATIONS OF ANY REGULATORY BODY WHOSE CONSENT IS REQUIRED
TO ENABLE YOU TO UNDERTAKE ALL OR ANY OF YOUR DUTIES DURING YOUR EMPLOYMENT;
15.1.9
ARE GUILTY OF A SERIOUS BREACH OF THE RULES OR
REGULATIONS AS AMENDED FROM TIME TO TIME OF THE UK LISTING AUTHORITY (INCLUDING
THE MODEL CODE FOR TRANSACTIONS IN SECURITIES BY DIRECTORS OF LISTED COMPANIES),
THE FSA OR ANY REGULATORY AUTHORITIES RELEVANT TO THE COMPANY OR ANY COMPANY IN
THE GROUP OR ANY CODE OF PRACTICE ISSUED BY THE COMPANY (AS AMENDED FROM TIME TO
TIME).
15.1.10
SHALL RESIGN (AT YOUR OWN CHOICE AND WITHOUT CAUSE) AS
DIRECTOR OF THE COMPANY OR ANY COMPANY IN THE GROUP, NOT BEING AT THE REQUEST OF
THE COMPANY;
15.1.11
HAVE A BANKRUPTCY ORDER MADE AGAINST