Common use of Benefits Payable on Disability Clause in Contracts

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his then current salary hereunder for the first six (6) months of such continuous disability commencing with the first date of such disability.

Appears in 6 contracts

Samples: Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Dri Corp), Executive Employment Agreement (Dri Corp)

AutoNDA by SimpleDocs

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his then current salary hereunder for the first six three (63) months of such continuous disability commencing with the first date of such disability.

Appears in 3 contracts

Samples: Executive Employment Agreement (American Aircarriers Support Inc), Executive Employment Agreement (American Aircarriers Support Inc), Executive Employment Agreement (American Aircarriers Support Inc)

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his then current salary hereunder for the first six (6) months of such continuous disability commencing with the first date of such disability. In replacement to the foregoing, the Company intends to provide group disability insurance which will cover the Executive. If the Company has not obtained such coverage within 120 days of the Executive's employment, then the Company will reimburse the Executive for the cost of disability insurance which will provide not less than 65% of salary as a benefit.

Appears in 2 contracts

Samples: Executive Employment Agreement (American Aircarriers Support Inc), Executive Employment Agreement (American Aircarriers Support Inc)

Benefits Payable on Disability. If the Executive becomes disabled from such that he is unable to properly performing perform services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his then current salary hereunder for the first six three (63) months of such continuous disability commencing with the first date of such disability.

Appears in 2 contracts

Samples: Executive Employment Agreement (American Aircarriers Support Inc), Executive Employment Agreement (American Aircarriers Support Inc)

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his her then current salary hereunder for the first six (6) months of such continuous disability commencing with the first date of such disability.

Appears in 1 contract

Samples: Executive Employment Agreement (Dri Corp)

AutoNDA by SimpleDocs

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his then current salary hereunder for the first six (6four(4) months of such continuous disability commencing with the first date of such disability.

Appears in 1 contract

Samples: Executive Employment Agreement (Dri Corp)

Benefits Payable on Disability. If the Executive becomes disabled from properly performing services hereunder by reason of illness or other physical or mental incapacity, the Company shall continue to pay the Executive his her then current salary hereunder for the first six three (63) months of such continuous disability commencing with the first date of such disability.

Appears in 1 contract

Samples: Executive Employment Agreement (American Aircarriers Support Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!