Common use of Automatic Termination upon Death or Disability of Employee Clause in Contracts

Automatic Termination upon Death or Disability of Employee. This Agreement terminates upon the Employee’s death. Notwithstanding any provision of the Code to the contrary, in addition to any benefits which may be paid to the estate of the deceased Employee from insurance, retirement or any other source, the University shall pay to the Employee’s estate the Employee’s salary through the day death occurred, plus any earned, accrued but unused annual leave, if applicable under University policies, together with one-twelfth of the Employee’s base salary. Upon total or permanent disability of the Employee, within the meaning of the University’s disability insurance for employees, the Employee is required to first use all unused, accrued sick leave and, if applicable, annual leave or other leave authorized under University policies. Upon the expiration of such leave or the period of six (6) months, whichever comes last, this Agreement shall automatically terminate and the Employee shall be entitled to benefits as provided by the University’s long-term disability insurance coverage. Benefits provided under this article are calculated on the Base Salary as set forth in Article 5.1 of this Agreement.

Appears in 3 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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Automatic Termination upon Death or Disability of Employee. This Agreement terminates upon the Employee’s death. Notwithstanding any provision of the NSHE Code to the contrary, in addition to any benefits which may be paid to the estate of the deceased Employee from insurance, retirement or any other source, the University shall pay to the Employee’s estate the Employee’s salary through the day death occurred, plus any earned, accrued but unused annual leave, if applicable under University policies, together with one-twelfth of the Employee’s base salary. Upon total or permanent disability of the Employee, within the meaning of the University’s disability insurance for employees, the Employee is required to first use all unused, accrued sick leave and, if applicable, annual leave or other leave authorized under University policies. Upon the expiration of such leave or the period of six (6) months, whichever comes last, this Agreement shall automatically terminate and the Employee shall be entitled to benefits as provided by the University’s long-term disability insurance coverage. Benefits provided under this article Article are calculated on the Base Salary as set forth in Article 5.1 of this Agreement.

Appears in 2 contracts

Samples: Head Coach Employment Agreement, Head Coach Employment Agreement

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Automatic Termination upon Death or Disability of Employee. This Agreement terminates upon the Employee’s death. Notwithstanding any provision of the NSHE Code to the contrary, in addition to any benefits which may be paid to the estate of the deceased Employee from insurance, retirement or any other source, the University shall pay to the Employee’s estate the Employee’s salary through the day death occurred, plus any earned, accrued but unused annual leave, if applicable under University policies, together with one-twelfth of the Employee’s base salary. Upon total or permanent disability of the Employee, within the meaning of the University’s disability insurance for employees, the Employee is required to first use all unused, accrued sick leave and, if applicable, annual leave or other leave authorized under University policies. Upon the expiration of such leave or the period of six (6) months, whichever comes last, this Agreement shall automatically terminate and the Employee shall be entitled to benefits as provided by the University’s long-term disability insurance coverage. Benefits provided under this article Article are calculated on the Base Salary as set forth in Article 5.1 of this Agreement.

Appears in 1 contract

Samples: Head Coach Employment Agreement

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