Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation until this Agreement is terminated pursuant to Section 10(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 8 contracts
Samples: Executive Employment Agreement (Regional Capital Management Corp), Executive Employment Agreement (Avid Sportswear & Golf Corp), Executive Employment Agreement (European Micro Holdings Inc)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation calculated according to the provisions of Section 5(b) all until this Agreement is terminated pursuant to Section 10(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 3 contracts
Samples: Executive Employment Agreement (Pharmasystems Holdings Corp), Executive Employment Agreement (Pharmasystems Holdings Corp), Executive Employment Agreement (Pharmasystems Holdings Corp)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Sales Commissions and Base Compensation at the rate then in effect and his full Incentive Bonus Compensation all until this Agreement is terminated pursuant to Section 10(c11(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 2 contracts
Samples: Executive Employment Agreement (Team America Corporation), Executive Employment Agreement (Team America Corporation)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation calculated according to the provisions of Section 5(c), all until this Agreement is terminated pursuant to Section 10(c8(c) hereof. Thereafter, his the Executive's benefits shall be determined in accordance with the Bank's and the Company's Benefit Plans.
Appears in 2 contracts
Samples: Executive Employment Agreement (Coastal Community Group Inc), Executive Employment Agreement (Coastal BHC Inc)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity Disability due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation until this Agreement is terminated pursuant to Section 10(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 2 contracts
Samples: Executive Employment Agreement (August Project I Corp), Executive Employment Agreement (August Project I Corp)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation calculated according to the provisions of Section 5(b) all until this Agreement is terminated pursuant to Section 10(c11(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 2 contracts
Samples: Executive Employment Agreement (Genetic Vectors Inc), Executive Employment Agreement (Genetic Vectors Inc)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation bonus accrued; all until this Agreement is terminated pursuant to Section 10(c11(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 1 contract
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation until this Agreement is terminated pursuant to Section 10(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's ’s Benefit Plans.
Appears in 1 contract
Samples: Executive Employment Agreement (Falcon Natural Gas Corp)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive 11 12 his full Sales Commissions and Base Compensation at the rate then in effect and his full Incentive Bonus Compensation all until this Agreement agreement is terminated pursuant to Section 10(css.10 (c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 1 contract
Samples: Executive Employment Agreement (Team America Corporation)
Compensation Upon Disability. During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive his full Base Compensation at the rate then in effect and his full Incentive Bonus Compensation calculated according to the provisions of Section 5(b); all until this Agreement is terminated pursuant to Section 10(c11(c) hereof. Thereafter, his benefits shall be determined in accordance with the Company's Benefit Plans.
Appears in 1 contract
