Common use of Death, Disability, Discharge for Cause, or Resignation Without Good Reason Clause in Contracts

Death, Disability, Discharge for Cause, or Resignation Without Good Reason. In the event this Agreement terminates pursuant to Paragraph 9(a) by reason of the death or disability of the Executive, or pursuant to Paragraph 9(b) by reason of the discharge of the Executive by the Corporation for Cause, or pursuant to Paragraph 9(c) by reason of the resignation of the Executive other than for Good Reason, the Corporation shall pay to the Executive, or his heirs or estate, in the event of the Executive's death, all Accrued Obligations in a lump sum in cash within thirty (30) days after the Date of Termination; provided, however, that any portion of the Accrued Obligations which consists of bonus, deferred compensation, incentive compensation, insurance benefits or other employee benefits shall be determined and paid in accordance with the terms of the relevant plan or policy as applicable to the Executive; and, provided further, that all long-term incentive compensation awards (such as (i) options to purchase stock of the Corporation, (ii) restricted stock of the Corporation, or (iii) similar equity-based units or interests, shall, if not otherwise vested, vest in full upon such termination of this Agreement due to death or disability.

Death, Disability, Discharge for Cause, or Resignation Without Good Reason. In the event this Agreement terminates pursuant to Paragraph 9(aSection 8(a) by reason of the death or disability of the Executive, or pursuant to Paragraph 9(bSection 8(b) by reason of the discharge of the Executive by the Corporation for Cause, or pursuant to Paragraph 9(cSection 8(c) by reason of the resignation of the Executive other than for Good Reason, the Corporation shall pay to the Executive, or his heirs or estate, in the event of the Executive's death, all Accrued Obligations in a lump sum in cash within thirty (30) days after the Date of Termination; provided, however, that any portion of the Accrued Obligations which consists of bonus, deferred compensation, incentive compensation, insurance benefits or other employee benefits shall be determined and paid in accordance with the terms of the relevant plan or policy as applicable to the Executive; and, provided further, that all long-term incentive compensation awards (such as (i) options to purchase stock of the Corporation, (ii) restricted stock of the Corporation, or (iii) similar equity-based units or interests, ) shall, if not otherwise vested, vest in full upon such termination of this Agreement due to death or disability.