Common use of Death or Complete Disability Clause in Contracts

Death or Complete Disability. If Executive’s employment is terminated by death or Complete Disability as provided in Section 4(b)(1), the Company shall pay Executive’s accrued Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination (the “Accrued Obligations”) to Executive and/or Executive’s heirs, as applicable, and the Company shall thereafter have no further obligations to Executive and/or Executive’s heirs under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (ProSomnus, Inc.)

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Death or Complete Disability. If Executive’s 's employment is shall be terminated by death or Complete Disability as provided defined in Section 4(b)(1)4.5.1, the Company shall pay Executive’s Executive his accrued Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination (the “Accrued Obligations”) to Executive and/or Executive’s heirs, as applicabletermination, and the Company shall thereafter have no further obligations to Executive and/or Executive’s heirs under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (PMR Corp)

Death or Complete Disability. If the Executive’s employment is shall be terminated by death or Complete Disability as provided in Section 4(b)(1)4.1.1, the Company Companies shall pay to the Executive, or to the Executive’s accrued heirs, the Executive’s Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination (the “Accrued Obligations”) to Executive and/or Executive’s heirstermination, as applicable, less standard deductions and the Company shall thereafter have no further obligations to Executive and/or Executive’s heirs under this Agreementwithholdings.

Appears in 1 contract

Samples: Employment Agreement (Arrowhead Research Corp)

Death or Complete Disability. If Executive’s 's employment is shall be terminated by death or Complete Disability as provided defined in Section 4(b)(1)4.5.1, the Company shall pay Executive’s Executive her accrued Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination (the “Accrued Obligations”) to Executive and/or Executive’s heirs, as applicabletermination, and the Company shall thereafter have no further obligations to Executive and/or Executive’s heirs under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (PMR Corp)

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Death or Complete Disability. If the Executive’s 's employment is shall be terminated by death or Complete Disability as provided in Section 4(b)(1)4.4.1, the Company shall pay the Executive’s 's accrued Base Salary and accrued and unused vacation benefits earned through the date of termination at the rate in effect at the time of termination (the “Accrued Obligations”) to Executive and/or Executive’s heirs, as applicable, and the Company shall thereafter have no further obligations to Executive and/or Executive’s heirs under this Agreement.earned

Appears in 1 contract

Samples: Employment Agreement (Covalent Partners LLC)

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