Rosetta Stone 2011 Annual Report Download - page 194
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21. Definitions. The words and phrases defined in this Section 21 shall have the respective meanings set forth below
throughout this Agreement, unless the context in which any such word or phrase appears reasonably requires a broader, narrower or
different meaning.
(a) "Cause" shall mean Optionee (i) committed a felony or a crime involving moral turpitude or committed
any other act or omission involving fraud, embezzlement or any other act of dishonesty in the course of his employment by the
Company or an Affiliate which conduct damaged the Company or an Affiliate; (ii) substantially and repeatedly failed to perform
duties of the office held by him or her as reasonably directed by the Company or an Affiliate; (iii) committed gross negligence or
willful misconduct with respect to the Company or an Affiliate; (iv) committed a material breach of any employment agreement
between the Optionee and the Company or an Affiliate that is not cured within ten (10) days after receipt of written
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