Common use of Death or Incapacitation Clause in Contracts

Death or Incapacitation. In the event that Executive dies or, due to a physical or mental impairment, becomes unable to perform the essential functions of his position with or without reasonable accommodation, this Agreement shall be deemed terminated and Executive or his estate, as the case may be, shall be entitled to no further salary, compensation or benefits hereunder, except (i) any unpaid salary, incentive payments and vacation accrued and earned by Executive up to and including the date of such termination, and (ii) any disability, life insurance or other benefits to which Executive or-his estate may be entitled on the date of such termination in accordance with the terms and conditions of any applicable benefit plan(s) as set forth in official plan documents.

Appears in 3 contracts

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

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Death or Incapacitation. In the event that Executive dies or, due to a physical or mental impairment, becomes unable to perform the essential functions of his position with or without reasonable accommodation, this Agreement shall be deemed terminated and Executive or his estate, as the case may be, shall be entitled to no further salary, compensation or benefits hereunder, except (i) any unpaid salary, incentive payments and vacation accrued and earned by Executive up to and including the date of such termination, and (ii) any disability, life insurance or other benefits to which Executive or-or his estate may be entitled on the date of such termination in accordance with the terms and conditions of any applicable benefit plan(s) as set forth in official plan documents.

Appears in 2 contracts

Samples: Employment Agreement (Comtex News Network Inc), Employment Agreement (Ncric Group Inc)

Death or Incapacitation. In the event that Executive dies or, due to a physical or mental impairment, becomes unable to perform the essential functions of his her position with or without reasonable accommodation, this Agreement shall be deemed terminated and Executive or his her estate, as the case may be, shall be entitled to no further salary, compensation or benefits hereunder, except (i) any unpaid salary, incentive payments and vacation accrued and earned by Executive up to and including the date of such termination, and (ii) any disability, life insurance or other benefits to which Executive or-his or her estate may be entitled on the date of such termination in accordance with the terms and conditions of any applicable benefit plan(s) as set forth in official plan documents.

Appears in 1 contract

Samples: Employment Agreement (Ncric Group Inc)

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Death or Incapacitation. In the event that Executive dies or, due to a physical or mental impairment, becomes unable to perform the essential functions of his her position with or without reasonable accommodation, this Agreement shall be deemed terminated and Executive or his her estate, as the case may be, shall be entitled to no further salary, compensation or benefits hereunder, except (i) any unpaid salary, incentive payments and vacation accrued and earned by Executive up to and including the date of such termination, and (ii) any disability, life insurance or other benefits to which Executive or-his her estate may be entitled on the date of such termination in accordance with the terms and conditions of any applicable benefit plan(s) as set forth in official plan documents.

Appears in 1 contract

Samples: Employment Agreement (Ncric Group Inc)

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