Common use of Benefits Upon Death or Disability Clause in Contracts

Benefits Upon Death or Disability. In the event of the Executive's death or a termination of the Executive's employment by the Company due to Permanent Disability, the Executive, his executor or his heirs at law, as the case may be, shall be entitled to: (a) any Base Salary accrued or any Performance Bonus vested but not yet paid; (b) a pro rata Performance Bonus for the season in which death or Permanent Disability occurs determined and payable on the basis of the number of days worked during the season and the bonus percentage established for the season; (c) any accrued vacation pay; (d) reimbursement for expenses incurred but not yet paid prior to such death or Permanent Disability; (e) in the case of death, the proceeds of the Individual Life Policy and any other compensation and benefits as may be provided in accordance with the terms and provisions of the Group Benefits or of this Agreement; (f) in the case of Permanent Disability, for five years following the date of Permanent Disability, first, COBRA health insurance benefits for the Executive and his dependents at the Company's expense until the COBRA benefits expire and thereafter, for the remainder of such five-year period, equivalent reimbursement of healthcare expenses directly by the Company; and

Benefits Upon Death or Disability. In the event of the Executive's death or a termination of the Executive's employment by the Company due to Permanent Disability, the Executive, his executor or his heirs at law, as the case may be, shall be entitled to: (a) any Base Salary accrued or any Performance Bonus vested but not yet paid; (b) a pro rata Performance Bonus for the season in which death or Permanent Disability occurs determined and payable on the basis of the number of days worked during the season and the bonus percentage established for the season; (c) any accrued vacation pay; (d) reimbursement for expenses incurred but not yet paid prior to such death or Permanent Disability; (e) in the case of death, the proceeds of the Individual Life Policy and any other compensation and benefits as may be provided in accordance with the terms and provisions of the Group Benefits or of this Agreement; (f) in the case of Permanent Disability, for five years following the date of Permanent Disability, first, COBRA health insurance benefits for the Executive and his dependents at the Company's expense until the COBRA benefits expire and thereafter, for the remainder of such five-year period, equivalent reimbursement of healthcare expenses directly by the Company; and (g) in the case of Permanent Disability, six monthly payments after the date of Permanent Disability, each equal to one-twelfth of the Base Salary in effect on the date of Permanent Disability, offset by any payments in accordance with the terms and provisions of the Group Benefits, the Individual Disability Policy or Supplementary Social Security Benefits.