Common use of Compensation During Disability Clause in Contracts

Compensation During Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental injury or illness, the Executive shall continue to receive the Base Salary, incentive compensation and benefits to which he is entitled under this Agreement until his employment is termination pursuant to Section 5.2 hereof; provided that payments so made to the Executive during such period shall be reduced to the extent of any amounts paid to the Executive under any disability benefit plan of the Company.

Appears in 4 contracts

Samples: Employment Agreement (Golden Bear Golf Inc), Employment Agreement (Golden Bear Golf Inc), Employment Agreement (Golden Bear Golf Inc)

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Compensation During Disability. During any period that the -------------------------------- Executive fails to does not perform his duties hereunder as a result of incapacity due to physical or mental injury or illnessillness (the "Disability Period"), the Executive shall continue to receive the Base Salary, incentive compensation his salary and other benefits to which he is entitled under this Agreement for such period until his employment is termination pursuant to Section 5.2 hereof; terminated, provided that payments so made to the Executive during such the disability period shall be reduced to the extent of by any amounts paid payable to the Executive at or prior to the time of any such payment under any disability benefit plan of provided by the CompanyEmployers.

Appears in 1 contract

Samples: Employment Agreement (Neogenomics Inc)

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Compensation During Disability. During any period that the Executive fails to does not perform his duties hereunder as a result of incapacity due to physical or mental injury or illnessillness (the "Disability Period"), the Executive shall continue to receive the Base Salary, incentive compensation his salary and other benefits to which he is entitled under this Agreement for such period until his employment is termination pursuant to Section 5.2 hereof; terminated, provided that payments so made to the Executive during such the disability period shall be reduced to the extent of by any amounts paid payable to the Executive at or prior to the time of any such payment under any disability benefit plan of provided by the CompanyCompanies.

Appears in 1 contract

Samples: Employment Agreement (American Communications Enterprises Inc)

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