Common use of Death or Disability of Executive Clause in Contracts

Death or Disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's duties with the Company for a period of three (3) months period, as a result of incapacity due to mental or physical illness. If the Executive shall become disabled, the Executive's employment may be terminated by written notice from the Company to the Executive.

Appears in 9 contracts

Samples: Employment Agreement (United Rail, Inc.), Employment Agreement (United Rail, Inc.), Employment Agreement (United Rail, Inc.)

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Death or Disability of Executive. The death or disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's ’s duties with the Company on a full-time basis for a period of three (3) six months period, as a result of incapacity due to mental or physical illnessillness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to Executive or Executive’s legal representative (such agreement as to acceptability not to be withheld unreasonably). If the Executive shall become disabled, the Executive's ’s employment may be terminated by written notice from the Company to the Executive.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement (FTE Networks, Inc.), Employment Agreement (Focus Venture Partners, Inc)

Death or Disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's duties with the Company for a period of three (3) months period, as a result of incapacity due to mental or physical illness. If the Executive shall become disabled, the Executive's employment may be terminated by written notice from the Company to the Executive.

Appears in 4 contracts

Samples: Employment Agreement (Las Vegas Railway Express, Inc.), Employment Agreement (Las Vegas Railway Express, Inc.), Employment Agreement (Las Vegas Railway Express, Inc.)

Death or Disability of Executive. The death or disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's duties with the Company on a full-time basis for a period of three (3) six months period, as a result of incapacity due to mental or physical illnessillness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to Executive or Executive's legal representative (such agreement as to acceptability not to be withheld unreasonably). If the Executive shall become disabled, the Executive's employment may be terminated by written notice from the Company to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Shearson Financial Network Inc), Employment Agreement (Shearson Financial Network Inc)

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Death or Disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's ’s duties with the Company for a period of three (3) months period, as a result of incapacity due to mental or physical illness. If the Executive shall become disabled, the Executive's ’s employment may be terminated by written notice from the Company to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Las Vegas Xpress, Inc.)

Death or Disability of Executive. For the purposes of this Agreement, disability shall mean the absence of the Executive performing Executive's ’s duties with the Company for a period of three (3) months period, as a result of incapacity due to mental or physical illness. If the Executive shall become disabled, the Executive's ’s employment may be terminated by written notice from the Company to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Las Vegas Railway Express, Inc.)

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