Common use of Compensation During Disability or Upon Termination Clause in Contracts

Compensation During Disability or Upon Termination. (i) If, during the Protected Period, Employee fails to perform Employee's normal duties as a result of incapacity due to physical or mental illness, Employee shall continue during the period of such disability to receive Employee's full Base Salary and any awards, deferred and nondeferred, payable during such period under the Bonus Plan, less any amounts paid to Employee during such period of disability pursuant to the Company's short term disability or sick-leave program(s) until Employee's employment is terminated or such Disability ends. This Section 4(i) shall not reduce or impair Employee's rights to terminate employment for a Good Reason as otherwise provided herein.

Appears in 9 contracts

Samples: Severance Agreement (Cyberonics Inc), Severance Agreement (Cyberonics Inc), Severance Agreement (Cyberonics Inc)

AutoNDA by SimpleDocs

Compensation During Disability or Upon Termination. (i) If, during the Protected Period, Employee fails to perform Employee's ’s normal duties as a result of incapacity due to physical or mental illness, Employee shall continue during the period of such disability to receive Employee's ’s full Base Salary and any awards, deferred and nondeferred, payable during such period under the Bonus Plan, less any amounts paid to Employee during such period of disability pursuant to the Company's ’s short term disability or sick-leave program(s) until Employee's ’s employment is terminated or such Disability ends. This Section 4(i) shall not reduce or impair Employee's ’s rights to terminate employment for a Good Reason as otherwise provided herein.

Appears in 5 contracts

Samples: Severance Agreement (Cyberonics Inc), Severance Agreement (Cyberonics Inc), Severance Agreement (Cyberonics Inc)

Compensation During Disability or Upon Termination. (i) If, If during the Protected Period, Termination Period Employee fails to perform Employee's normal duties as a result of incapacity due to physical or mental illness, Employee shall continue during the period of such disability to receive Employee's full Base Salary and any awards, deferred and nondeferred, payable during such period of disability under the Bonus Plan, less any amounts paid to Employee during such period of disability pursuant to the Company's short term disability or sick-leave program(s) until Employee's employment is terminated or such for Disability endspursuant to Section 3(i) hereof. This Section 4(i) shall not reduce or impair Employee's rights to terminate his employment for a Good Reason as otherwise provided herein.

Appears in 5 contracts

Samples: Termination Agreement (Tech Sym Corp), Termination Agreement (Geoscience Corp), Termination Agreement (Geoscience Corp)

Compensation During Disability or Upon Termination. (i) If, during the Protected Period, Employee fails to perform Employee's ’s normal duties as a result of incapacity due to physical or mental illnessDisability, Employee shall continue during the period of such disability Disability to receive Employee's ’s full Base Salary and any awards, deferred and nondeferrednon-deferred, payable during such period under the Bonus Plan, less any amounts paid to Employee during such period of disability Disability pursuant to the Company's ’s short term disability or sick-leave program(s) until Employee's ’s employment is terminated as provided herein or such Disability ends. This Section 4(i) shall not reduce or impair Employee's ’s rights to terminate employment for a Good Reason as otherwise provided herein.

Appears in 1 contract

Samples: Retention Agreement (Cyberonics Inc)

AutoNDA by SimpleDocs

Compensation During Disability or Upon Termination. (i) If, during the Protected Period, Employee fails to perform Employee's normal duties as a result of incapacity due to physical or mental illnessDisability, Employee shall continue during the period of such disability to receive Employee's full Base Salary and any awards, deferred and nondeferred, payable during such period under the Bonus Plan, less any amounts paid to Employee during such period of disability pursuant to the Company's short term disability or sick-leave program(s) until Employee's employment is terminated as provided herein or such Disability ends. This Section 4(i) shall not reduce or impair Employee's rights to terminate employment for a Good Reason as otherwise provided herein.

Appears in 1 contract

Samples: Severance Agreement (LivaNova PLC)

Time is Money Join Law Insider Premium to draft better contracts faster.