Death or Disability Termination. In the event the Executive’s employment terminates due to Executive’s death or Disability, subject to the Executive’s (or the applicable representative of Executive’s estate) satisfaction of the conditions set forth in Section 6.7 (including timely provision of an effective Release), in addition to the Accrued Compensation, the Company shall provide Executive or Executive’s estate with the following severance benefits:
Death or Disability Termination. If Executive’s employment is terminated due to his death or Disability (as defined in Section 9), the Company will also continue to pay Executive (or his estate), as severance, the Annual Base Salary through the end of the month of termination. Executive (or his estate) shall also be entitled to receive any of his Annual Base Salary accrued through the date of termination, any accrued but unpaid vacation pay for the year of termination, any bonuses earned but not previously paid with respect to the accounting period of the Company most recently ended, and any vested benefits payable to Executive under the terms of any deferred compensation plan, 401K plan, stock option plan, or other plans maintained by the Company in which Executive participates. The Company shall continue to provide Executive (if Disabled) and his family, for a period of twenty-four (24) months after the date of termination, with the same insurance benefits required by Section 6(c) on the date Death or Disability Termination occurs. Additionally, notwithstanding the terms of the Company’s stock option plans, all stock options received by Executive shall become fully vested and immediately exercisable upon a Death or Disability Termination. Such stock options shall remain exercisable for a period of not less than twenty-four (24) months. All of Executive’s other unvested benefits, including, without limitation, any Company 401K contributions or profit sharing contributions, shall immediately vest upon a Death or Disability Termination.
Death or Disability Termination. Any Termination of Employment resulting from the Employee’s Disability (as hereinafter defined) shall be a Disability Termination. For purposes of this Agreement, the term “Employee’s Disability” shall mean the Employee’s illness or other involuntary physical or mental disability which prevents the Employee from performing his duties for a period of 90 days in any 360-day period. In the event of a Disability Termination, the Termination Notice must state that the Termination of Employment is a Disability Termination.
Death or Disability Termination. Employment will automatically terminate in the event of Employee's death or Employee's Permanent Disability. For purposes of this Agreement, "
Death or Disability Termination. If, prior to the end of Fiscal Year 2003, a Senior Manager's employment with the Company shall be terminated as a result of his death or Disability, (i) the Majority Stockholder shall have the right to Call all (but not less than all) of the Shares Beneficially Owned by such Senior Manager and (ii) such Senior Manager shall have the right to Put all (but not less than all) of the Shares Beneficially Owned by such Senior Manager; provided, that the Notice in respect of each such Call and Put must be given to the Majority Stockholder or Senior Manager, as applicable, during the 180-day period following the Termination Date; and provided, further, that each such Call and Put shall be exercised for a price per Share equal to the General Put-Call Price.
Death or Disability Termination. If this Agreement and Executive‘s employment with the Company are terminated by Death or Disability Termination, the Company will pay Executive (or his estate) compensation in the same amount and for the same period as called for in paragraph (b) above in the case of Company Notice Termination or for Good Reason Termination.
Death or Disability Termination. If Executive's employment is terminated due to his death or Disability (as defined in Section 9), the Company will also continue to pay Executive (or his estate), as severance, the Annual Base Salary through the end of the month of termination. Executive (or his estate) shall also be entitled to receive any of his Annual Base Salary accrued through the date of termination, any accrued but unpaid vacation pay for the year of termination, any bonuses earned but not previously paid with respect to the accounting period of the Company most recently ended, and any vested benefits payable to Executive under the terms of any deferred compensation plan, 401K plan, stock option plan, or other plans maintained by the Company in which Executive participates. The Company shall continue to provide Executive (if Disabled) and his family, for a period of twenty-four (24) months after the date of termination, with the same insurance benefits required by Section 6(c) on the date Death or Disability Termination occurs. Additionally, notwithstanding the terms of the Company's stock option plans, all stock options received by Executive shall become fully vested and
Death or Disability Termination. If Participant ceases to be a Service Provider prior to the Period End Date due to his or her death or Disability (as such term is defined in the Change in Control Agreement) (a “Death or Disability Termination”) and such Death or Disability Termination occurs prior to the Two-Year Measurement Date, 100% of the Target Number of Shares Subject to Restricted Stock Units will become Eligible Units and will vest as set forth below. Any Restricted Stock Units that are not determined to be Eligible Units in connection with the Death or Disability Termination and Participant’s right to acquire any Shares thereunder will immediately terminate. If Participant ceases to be a Service Provider prior to the Period End Date due to a Death or Disability Termination, and such Death or Disability Termination occurs on or following the Two-Year Measurement Date, 100% of the Target Number of Shares Subject to Restricted Stock Units, reduced by that number of Restricted Stock Units that previously became Eligible Units and vested prior to such termination date, will become Eligible Units and will vest as set forth below provided that in no event may more than 100% of the Target Number of Shares Subject to Restricted Stock Units become Eligible Units and vest upon a Death or Disability Termination. Any Restricted Stock Units that are not determined to be Eligible Units in connection with a Death or Disability Termination will terminate.
Death or Disability Termination. If this Agreement and CFO‘s engagement with the Company are terminated by Death or Disability Termination, the Company will pay CFO (or his estate) compensation in the same amount and for the same period as called for in paragraph (b) above in the case of Company Notice Termination or for Good Reason Termination.
Death or Disability Termination. If Employee's employment hereunder is terminated due to a Death or Disability Termination, the Company shall: (i) pay Employee any earned but unpaid Salary and Bonus; and (ii) continue to pay Employee (or his estate) his Base Salary for a period of ninety (90) days following the date Employee's employment so terminates, on the same basis as if Employee continued to serve as an employee hereunder; provided, however, that if Employee receives a Change of Control payment pursuant to Section 5 hereof, his right to receive continuing Base Salary payments pursuant to this Section 4.2(b)(ii) shall immediately terminate. Subject to Section 3(b) hereof, Employee shall be deemed to have earned any Bonus payable with respect to the calendar year in which the such termination occurs on a prorated basis (based on the number of days in such calendar year through and including the date of termination divided by 365). Any such Bonus shall be payable on the date on which the Bonus would have been paid had Employee continued his employment hereunder.
