Common use of Death and Permanent Incapacity Clause in Contracts

Death and Permanent Incapacity. Upon the death of Employee or the ------------------------------ permanent incapacity of Employee continuing for a period of more than 180 days, Employee's employment by Employer hereunder shall terminate. Upon any such termination, Employer shall pay Employee (or his estate) his base salary pursuant to Section 3(a) hereof and shall provide Employee (or his estate or beneficiaries) with all the benefits contemplated by Section 4(a) hereof for a period of one year from the date of termination of Employee's employment pursuant to this Section 5(a). In addition, upon any such termination, Employer shall pay Employee or his estate, (i) any base salary pursuant to Section 3(a) hereof which is earned but unpaid as of the date of termination, (ii) any compensation owed to Employee pursuant to the Profit Sharing Plan pursuant to Section 3(b) hereof as provided therein and (iii) any reimbursement amounts owed to Employee and any other amounts owed to Employee under any benefit plan (including amounts under any disability plan) in respect of service through the date of termination. As used herein, the term permanent incapacity means the inability of Employee, by reason of injury, illness or other similar cause to perform a major part of his duties and responsibilities in connection with the conduct of the business and affairs of Employer and its Affiliates.

Death and Permanent Incapacity. Upon the death of Employee or the ------------------------------ permanent incapacity of Employee continuing for a period of more than 180 days, Employee's employment by Employer hereunder shall terminate. Upon any such termination, Employer shall pay Employee (or his estate) his base salary pursuant to Section 3(a) hereof and shall provide Employee (or his estate or beneficiaries) with all the benefits contemplated by Section 4(a4 (a) hereof for a period of one year from the date of termination of Employee's employment pursuant to this Section 5(a). In addition, upon any such termination, Employer shall pay Employee or his estate, (i) any base salary pursuant to Section 3(a) hereof which is earned but unpaid as of the date of termination, (ii) any compensation owed to Employee pursuant to the Profit Sharing Plan pursuant to Section 3(b) hereof as provided therein and (iii) any reimbursement amounts owed to Employee and any other amounts owed to Employee under any benefit plan (including amounts under any disability plan) in respect of service through the date of termination. As used herein, the term permanent incapacity means the inability of Employee, by reason of injury, illness or other similar cause to perform a major part of his duties and responsibilities in connection with the conduct of the business and affairs of Employer and its Affiliates.

Death and Permanent Incapacity. Upon the death of Employee or the ------------------------------ permanent incapacity of Employee continuing for a period of more than 180 days, Employee's employment by Employer hereunder shall terminate. Upon any such termination, Employer shall pay Employee (or his estate) his base salary pursuant to Section 3(a) hereof and shall provide Employee (or his estate or beneficiaries) with all the benefits contemplated by Section 4(a) hereof for a period of one year from the date of termination of Employee's employment pursuant to this Section 5(a). In addition, upon any such termination, Employer shall pay Employee or his estate, (i) any base salary pursuant to Section 3(a) hereof which is earned but unpaid as of the date of termination, (ii) any compensation owed to Employee pursuant to the Profit Sharing Plan pursuant to Section 3(b) hereof as provided therein and (iii) any reimbursement amounts owed to Employee and any other amounts owed to Employee under any benefit plan (including amounts under any disability plan) in respect of service through the date of termination. As used herein, the term permanent incapacity means the inability of Employee, by reason of injury, illness or of other similar cause to perform a major part of his duties and responsibilities in connection with the conduct of the business and affairs of Employer and its Affiliates.

Death and Permanent Incapacity. Upon the death of Employee or the ------------------------------ permanent incapacity of Employee continuing for a period of more than 180 days, Employee's employment by Employer hereunder shall terminate. Upon any such termination, Employer shall pay Employee (or his estate) his base salary pursuant to Section 3(a) hereof and shall provide Employee (or his estate or beneficiaries) with all the benefits contemplated by Section 4(a4 (a) hereof for a period of one year from the date of termination of Employee's employment pursuant to this Section 5(a); provided that Employer shall not be required to continue such payments and benefits from and after the date on which Employee engages in any activity described in Section 6(c) hereof (if applicable). In addition, upon any such termination, Employer shall pay Employee or his estate, (i) any base salary pursuant to Section 3(a) hereof which is earned but unpaid as of the date of termination, (ii) any compensation owed to Employee pursuant to the Profit Sharing Plan pursuant to Section 3(b)) hereof as provided therein and (iii) any reimbursement amounts owed to Employee and any other amounts owed to Employee under any benefit plan (including amounts under any disability plan) in respect of service through the date of termination. As used herein, the term permanent incapacity means the inability of Employee, by reason of injury, illness or other similar cause to perform a major part of his duties and responsibilities in connection with the conduct of the business and affairs of Employer and its Affiliates.