Common use of Death, Disability or Involuntary Termination After Agreement Termination Date Clause in Contracts

Death, Disability or Involuntary Termination After Agreement Termination Date. If, after the Agreement Termination Date but prior to the payment date of the Annual Bonus for the calendar year in which the Agreement Termination Date occurs, Employee’s employment with the Company terminates by reason of the Employee’s death or by reason of what would have otherwise qualified as Disability or Involuntary Termination under this Agreement if this Agreement was still in effect at the time of such termination of employment, the Company shall pay to Employee (or Employee’s estate or legal representatives, as applicable), subject to the provisions of Section 16.09, on the Pro Rata Bonus Payment Date an amount in cash equal to the Pro Rata Bonus.

Appears in 6 contracts

Samples: Severance Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.)

AutoNDA by SimpleDocs

Death, Disability or Involuntary Termination After Agreement Termination Date. If, after the Agreement Termination Date but prior to the payment date of the Annual Bonus annual bonus for the calendar year in which the Agreement Termination Date occurs, Employee’s employment with the Company terminates by reason of the Employee’s death or by reason of what would have otherwise qualified as Disability or Involuntary Termination under this Agreement if this Agreement was still in effect at the time of such termination of employment, the Company shall pay to Employee (or Employee’s estate or legal representatives, as applicable), subject to the provisions of Section 16.0914.09, on the Pro Rata Bonus Payment Date an amount in cash equal to the Pro Rata Bonus.

Appears in 5 contracts

Samples: Severance Agreement (Cobalt International Energy, Inc.), Severance Agreement (Cobalt International Energy, Inc.), Severance Agreement (Cobalt International Energy, Inc.)

Death, Disability or Involuntary Termination After Agreement Termination Date. If, after the Agreement Termination Date but prior to the payment date of the Annual Bonus for the calendar year in which the Agreement Termination Date occurs, Employee’s employment with the Company terminates by reason of the Employee’s death or by reason of what would have otherwise qualified as Disability or an Involuntary Termination under this Agreement if this Agreement was still in effect at the time of such termination of employment, the Company shall pay to Employee (or Employee’s estate or legal representatives, as applicable), subject to the provisions of Section 16.09, on the Pro Rata Bonus Payment Date an amount in cash equal to the Pro Rata Bonus.

Appears in 2 contracts

Samples: Employment Agreement (Cobalt International Energy, Inc.), Employment Agreement (Cobalt International Energy, Inc.)

AutoNDA by SimpleDocs

Death, Disability or Involuntary Termination After Agreement Termination Date. If, after the Agreement Termination Date but prior to the payment date of the Annual Bonus for the calendar year in which the Agreement Termination Date occurs, Employee’s employment with the Company terminates by reason of the Employee’s death or by reason of what would have otherwise qualified as Disability or Involuntary Termination under this Agreement if this Agreement was still in effect at the time of such termination of employment, the Company shall pay to Employee (or Employee’s estate or legal representatives, as applicable), subject to the provisions of Section 16.0915.09, on the Pro Rata Bonus Payment Date an amount in cash equal to the Pro Rata Bonus.

Appears in 1 contract

Samples: Employment Agreement (Cobalt International Energy, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!