Death and Total Disability Sample Clauses

Death and Total Disability. If your active employment ceases during the vesting period as a result of your death or Total Disability, your stock option will become fully exercisable. You (or your beneficiary) will have [five years] after the date of your death or termination due to Total Disability to exercise your vested stock options (or, if earlier, until the Expiration Date).]

Death and Total Disability. In the case of a termination of Employee's employment as a result of the Employee's death or Employee's Total Disability, Employee shall not be entitled to receive any payments hereunder, other than those set forth in Section 7.1(b) hereof.

Death and Total Disability. If your active employment ceases during the applicable performance period [or vesting period, if later] as a result of your death or Total Disability, you will be eligible to receive, as soon as practicable following the end of the applicable performance period [or vesting period, if later], a prorated award for the portion of the applicable period you were actively employed] [your award will be fully vested at target and paid within 60 days following your separation from service.] [However, receipt of this award will remain subject to the achievement of the applicable performance criteria.]]

Death and Total Disability. If the Consultant dies during the Term, this Agreement will end as of the date of the Consultant's death. The Company will pay the Consultant's compensation for the remaining Term to Consultant's beneficiary or estate. In case of Total Disability (as defined below) of the Consultant for any consecutive twelve months during the Term, the Company will have the right to end this Agreement by giving the Consultant thirty (30) days' prior written notice, and upon the expiration of such thirty (30) day period, the Consultant's employment under this Agreement will end. If there is such a termination, the Company will pay Consultant his Compensation for the remaining Term. If the Consultant will resume his duties within thirty (30) days after receipt of such a notice of termination, this Agreement will continue in full force and effect. Upon termination of this Agreement under this Section 9(a), the Company will have no further obligations or liabilities

Death and Total Disability. In the event of the death or total disability, the Executive, during the period of his Executive Employment, his Executive Salary shall continue to be paid to the Executive, or his Estate as the case may be, at the same rate that it was on the date of such disability. If the Executive shall receive any disability payments from any insurance policy paid for by the Corporation, the payments to the Executive during any period of disability shall be reduced by the amount of disability payments received by the Executive under any such insurance policy or policies. For the purposes of this Agreement, disability shall mean mental or physical illness or condition rendering the Executive incapable of performing his normal duties with the Corporation.

Death and Total Disability. Executive’s employment under this Agreement shall terminate immediately upon his death or Total Disability (as defined below). For purposes of this Agreement, the term “Total Disability” shall mean any mental or physical condition that:

Death and Total Disability. This Agreement shall automatically terminate upon the death of Consultant or upon the determination of a Total Disability of Consultant and thereafter the Company shall pay to Consultant's heirs, executors, personal representatives or legal guardians, as the case may be, all Compensation that would otherwise have been payable to Consultant for the balance of the then current Term, in one lump-sum within 30 days of Consultant's death or Total Disability.

Death and Total Disability. If the Consultant dies during the Term, this Agreement will end as of the date of the Consultant's death. The Company will pay the Consultant's compensation for the remaining Term to Consultant's beneficiary or estate. In case of Total Disability (as defined below) of the Consultant for any consecutive twelve months during the Term, the Company will have the right to end this Agreement by giving the Consultant thirty (30) days' prior written notice, and upon the expiration of such thirty (30) day period, the Consultant's employment under this Agreement will end. If there is such a termination, the Company will pay Consultant his Compensation for the remaining Term. If the Consultant will resume his duties within thirty (30) days after receipt of such a notice of termination, this Agreement will continue in full force and effect. Upon termination of this Agreement under this Section 9(a), the Company will have no further obligations or liabilities under this Agreement, except to pay to the Consultant's estate or the Consultant, as the case may be, the portion of Compensation that remains unpaid for the Term, including minimum increases and continuation of benefits. The term "Total Disability", as used herein, will man a mental or physical condition that in the reasonable opinion of an independent medical doctor selected by the Company renders the Consultant unable or incompetent to carry out the material duties and responsibilities of the Consultant under this Agreement at the time the Consultant incurred the disabling condition. If the Consultant is covered under any policy of disability insurance under Section 4, the definition of Total Disability hereunder will be the definition of that term in such policy. The Company may only terminate this Agreement for cause under this Section 9(b) or under Section 9(a) of this Agreement. Cause for termination exists only if the Consultant is convicted of a felony involving fraud or violation of the Federal Securities laws, or a court of competent jurisdiction finds that the Consultant has engaged in conduct involving the Company that constitutes gross negligence or intentional misconduct. If the Company terminates the Consultant under this section, all unvested options or stock grants will be void and the Consultant will not receive any Compensation or benefit continuation.