Common use of Benefits if Agreement Terminated Due to Death or Disability Clause in Contracts

Benefits if Agreement Terminated Due to Death or Disability. The Company shall have the right to terminate Employee's employment if Employee dies or suffers physical incapacity or mental incompetence. In the event Employee's employment shall terminate due to the physical incapacity or mental incompetence of the Employee, the Company shall pay the Employee an amount equal to: (i) twenty-four (24) months salary at the then current Base Rate, less (ii) any amounts recovered by the Employee under any health and disability insurance programs available through the Company. For the purposes of this Agreement, the Employee shall be deemed to have suffered physical incapacity or mental incompetence if the Employee is unable to perform the essential functions of his job with reasonable accommodation. Any accommodation will not be deemed reasonable if it imposes an undue hardship on the Company. If this Agreement terminates due to the death of Employee, Employee will not be entitled to any payments after the date of his death.

Benefits if Agreement Terminated Due to Death or Disability. The Company shall have the right to terminate Employee's employment if Employee dies or suffers physical incapacity or mental incompetence. In the event Employee's employment shall terminate due to the physical incapacity or mental incompetence of the Employee, the Company shall pay the Employee an amount equal to: (i) twenty-four twelve (2412) months salary at the then current Base Rate, less (ii) any amounts recovered by the Employee under any health and disability insurance programs available through the Company. For the purposes of this Agreement, the Employee shall be deemed to have suffered physical incapacity or mental incompetence if the Employee is unable to perform the essential functions of his job with reasonable accommodation. Any accommodation will not be deemed reasonable if it imposes an undue hardship on the Company. If this Agreement terminates due to the death of Employee, Employee will not be entitled to any payments after the date of his death.

Benefits if Agreement Terminated Due to Death or Disability. The Company shall have the right to terminate Employee's employment if Employee dies or suffers physical incapacity or mental incompetence. In the event Employee's employment shall terminate due to the physical incapacity or mental incompetence of the Employee, the Company shall pay the Employee an amount equal to: (i) twenty-four eighteen (2418) months salary at the then current Base Rate, less (ii) any amounts recovered by the Employee under any health and disability insurance programs available through the Company. For the purposes of this Agreement, the Employee shall be deemed to have suffered physical incapacity or mental incompetence if the Employee is unable to perform the essential functions of his job with reasonable accommodation. Any accommodation will not be deemed reasonable if it imposes an undue hardship on the Company. If this Agreement terminates due to the death of Employee, Employee will not be entitled to any payments after the date of his death.