Common use of Death, Disability or Retirement Clause in Contracts

Death, Disability or Retirement. If Executive’s employment is terminated by reason of his death, Disability or Retirement during the Employment Period, this Agreement shall terminate without further obligations to Executive or his estate, beneficiaries or legal representatives, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to Executive or his estate, beneficiary or legal representative, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b) shall include, without limitation, and Executive or his estate, beneficiaries or legal representatives, as applicable, shall be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his family on the Date of Termination.

Appears in 8 contracts

Samples: Employment Agreement (Homebanc Corp), Employment Agreement (Homebanc Corp), Employment Agreement (Homebanc Corp)

AutoNDA by SimpleDocs

Death, Disability or Retirement. If Executive’s employment is terminated by reason of his his/her death, Disability or Retirement during the Employment Period, this Agreement shall terminate without further obligations to Executive or his his/her estate, beneficiaries or legal representatives, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to Executive or his his/her estate, beneficiary or legal representative, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b) shall include, without limitation, and Executive or his his/her estate, beneficiaries or legal representatives, as applicable, shall be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his his/her family on the Date of Termination.

Appears in 6 contracts

Samples: Employment Agreement (Homebanc Corp), Employment Agreement (Homebanc Corp), Employment Agreement (Homebanc Corp)

Death, Disability or Retirement. If Regardless of whether or not a Change in Control has occurred, if Executive’s employment is terminated by reason of his Executive’s death, Disability or Retirement during the Employment PeriodRetirement, this Agreement shall will terminate without further obligations to Executive or his estate, beneficiaries estate or legal representativesrepresentatives under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall will be paid to Executive Executive’s estate or his estate, beneficiary or legal representativebeneficiary, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b8(e) shall will include, without limitation, and Executive or his estate, estate and/or beneficiaries or legal representatives, as applicable, shall will be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his family on the Date of Termination.

Appears in 3 contracts

Samples: Employment Agreement (Ndchealth Corp), Employment Agreement (Ndchealth Corp), Employment Agreement (Ndchealth Corp)

Death, Disability or Retirement. If Executive’s 's employment is terminated by reason of his death, Disability or Retirement during the Employment Period, this Agreement shall terminate without further obligations to Executive or his estate, beneficiaries or legal representatives, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to Executive or his estate, beneficiary or legal representative, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b) shall include, without limitation, and Executive or his estate, beneficiaries or legal representatives, as applicable, shall be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his family on the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (LHC Group, Inc), Employment Agreement (LHC Group, Inc)

AutoNDA by SimpleDocs

Death, Disability or Retirement. If Regardless of whether or not a Change in Control has occurred, if Executive’s 's employment is terminated by reason of his Executive's death, Disability or Retirement during the Employment PeriodRetirement, this Agreement shall will terminate without further obligations to Executive or his estate, beneficiaries estate or legal representativesrepresentatives under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall will be paid to Executive Executive's estate or his estate, beneficiary or legal representativebeneficiary, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b8(e) shall will include, without limitation, and Executive or his estate, estate and/or beneficiaries or legal representatives, as applicable, shall will be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his family on the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Per Se Technologies Inc)

Death, Disability or Retirement. If Regardless of whether or not a Change in Control shall have occurred, if Executive’s employment is terminated by reason of his Executive’s death, Disability or Retirement during the Employment PeriodRetirement, this Agreement shall terminate without further obligations to Executive or his estate, beneficiaries estate or legal representativesrepresentatives under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to Executive Executive’s estate or his estate, beneficiary or legal representativebeneficiary, as applicable, in a lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as used in this Section 8(b8(d) shall include, without limitation, and Executive or his estate, estate and/or beneficiaries or legal representatives, as applicable, shall be entitled to receive, benefits under such plans, programs, practices and policies relating to death, disability or retirement benefits, if any, as are applicable to Executive or his family on the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Global Payments Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.