Common use of Death of Disabled Employee Clause in Contracts

Death of Disabled Employee. In the event a participating -------------------------- employee becomes permanently disabled, as determined in the manner specified below, before age 65 and dies before age 65, the benefits provided for in paragraph 1(a) or 1(b) above shall be paid in like manner as provided in paragraph 1(a) or 1(b) above. Permanent disability for purposes hereof shall be deemed to have occurred when the employee shall become physically or mentally incapable of fully performing services to the Company or its subsidiaries as required by the Company and such incapacity is, or may reasonably be expected to exist, for more than two months, as shall be determined by a physician mutually agreed upon by the Company and the employee or in the absence of mutual agreement as selected by the Company, and the determination of such physician, whether selected by mutual agreement or by the Company shall be final and conclusive.