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

Compensation Upon Termination or During Disability. (i) During any period that the Executive fails to perform duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive full base salary at the rate then in effect and all compensation, including under the Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the period until this Agreement is terminated pursuant to Subsection 3(I) hereof. Thereafter, benefits shall be determined in accordance with the Company's disability program then in effect.

Appears in 5 contracts

Samples: Special Severance Agreement (United Bancorp Inc /Oh/), Special Severance Agreement (United Bancorp Inc /Oh/), Special Severance Agreement (United Bancorp Inc /Oh/)

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Compensation Upon Termination or During Disability. (ia) During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness, he which incapacity cannot be reasonably accommodated, the Executive shall continue to receive full base salary at the rate then in effect all compensation and all compensation, including under the Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the benefits provided for herein for such period until this Agreement his employment is terminated pursuant to Subsection 3(ISection 6(b) hereof, and shall receive the Prorated Bonus (as herein defined) for the portion of the Calculation Period during which his employment is terminated occurring prior to termination. Thereafter, benefits shall be determined in accordance with the Company's disability program then in effect.As used herein "

Appears in 4 contracts

Samples: Employment Agreement (FWT Inc), Employment Agreement (FWT Inc), Employment Agreement (FWT Inc)

Compensation Upon Termination or During Disability. (i) During any period that the Executive fails to perform duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive full base salary at the rate then in effect and all compensation, including under the Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the period until this Agreement is terminated pursuant to Subsection 3(I) hereof. Thereafter, benefits shall be determined in accordance with the Company's disability program then in effect.. UNITED BANCORP, INC. FORM 10-K

Appears in 2 contracts

Samples: Special Severance Agreement (United Bancorp Inc /Oh/), Special Severance Agreement (United Bancorp Inc /Oh/)

Compensation Upon Termination or During Disability. (i) 4.1 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 salary at the rate then in effect and all compensation, including any awards under the Annual Management Incentive Compensation Plan or any other bonus or compensation plan or policy, paid during the such period until this Agreement his employment is terminated pursuant to Subsection 3(I) hereofSection 3.1. Thereafter, his benefits shall be determined in accordance with the CompanyCorporation's disability program Disability Income Insurance Plan, or a substitute plan then in effect.

Appears in 2 contracts

Samples: Form of Severance Agreement (Gleason Reporting Group), Form of Severance Agreement (Torque Acquisition Co LLC)

Compensation Upon Termination or During Disability. (i) During any period that the Executive fails to perform duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive full base salary at the rate then in effect and all compensation, including under the Company’s Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the such period until this Agreement is terminated pursuant to Subsection 3(ISection 3(i) hereof. Thereafter, benefits shall be determined in accordance with the Company's ’s disability program then in effect.

Appears in 1 contract

Samples: Special Severance Agreement (United Bancorp Inc /Oh/)

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Compensation Upon Termination or During Disability. (ia) During any period during the Employment Period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illnessillness (“disability period”), he the Executive shall continue to receive his full base salary Base Salary at the rate then in effect and all compensation, including under the Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the for such period until this Agreement his employment is terminated pursuant to Subsection 3(I) hereof. Thereafter, benefits shall be determined in accordance with the Company's disability program then in effectSection 3(b).

Appears in 1 contract

Samples: Employment and Non Competition Agreement (ASGN Inc)

Compensation Upon Termination or During Disability. (ia) During any period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illnessDisability, he the Executive shall continue to receive his full base salary compensation at the rate then in effect and all compensation, including under the Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the his full employee benefits for such period until this Agreement his employment is terminated pursuant to Subsection 3(I) hereof. Thereaftersubsection 8(b), benefits provided that salary payments so made shall be determined in accordance with reduced by the amounts, if any, actually paid to the Executive under disability plans of the Company's disability program then in effect.

Appears in 1 contract

Samples: Executive Employment Agreement (Ocean Electric Inc.)

Compensation Upon Termination or During Disability. (i) During any period that the Executive fails to perform duties hereunder as a result of incapacity due to physical or mental illness, he shall continue to receive full base salary at the rate then in effect and all compensation, including under the Company's Annual Incentive Plan or any other bonus or compensation plan or policy, paid during the such period until this Agreement is terminated pursuant to Subsection 3(ISection 3(i) hereof. Thereafter, benefits shall be determined in accordance with the Company's disability program then in effect.

Appears in 1 contract

Samples: Special Severance Agreement (United Bancorp Inc /Oh/)

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