Common use of Death or Incapacity Clause in Contracts

Death or Incapacity. If the Executive’s employment is terminated by reason of death or incapacity in accordance with Section 6(a) hereof, this Agreement shall terminate without further obligation to the Executive or his legal representatives under this Agreement except as otherwise specified in Section 6(a).

Appears in 6 contracts

Samples: Employment Agreement (Virginia Financial Group Inc), Employment Agreement (Virginia Financial Group Inc), Employment Agreement (Virginia Financial Group Inc)

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Death or Incapacity. If the Executive’s employment is terminated by reason of the Executive’s death or incapacity in accordance with Section 6(a) hereofIncapacity during the Employment Period, this Agreement shall terminate without further obligation obligations to the Executive or his Executive’s legal representatives under this Agreement except as otherwise specified in Section 6(a)Agreement, other than for timely payment of Accrued Obligations.

Appears in 3 contracts

Samples: Change in Control Agreement (Brink's Home Security Holdings, Inc.), Change in Control Agreement (Brinks Co), Change in Control Agreement (Brink's Home Security Holdings, Inc.)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of death or incapacity in accordance with Section 6(a) hereof, this Agreement shall terminate without further obligation to the Executive or his legal representatives under this Agreement except as otherwise specified in Section 6(a).

Appears in 3 contracts

Samples: Employment Agreement (Virginia Financial Corp), Employment Agreement (Virginia Financial Corp), Employment Agreement (Virginia Financial Corp)

Death or Incapacity. If the Executive’s employment is terminated by reason of death or incapacity in accordance with Section paragraph 6(a) hereof), this Agreement shall terminate without further obligation to the Executive or his or her legal representatives under this Agreement except as otherwise specified in Section paragraph 6(a).

Appears in 2 contracts

Samples: Employment Agreement (Botetourt Bankshares Inc), Employment Agreement (Botetourt Bankshares Inc)

Death or Incapacity. If the Executive’s employment is terminated by reason of death or incapacity in accordance with Section 6(a) hereof, this Agreement shall terminate without further obligation to the Executive or his legal representatives under this Agreement the Executive’s beneficiary designated in writing (provided such writing is executed and dated by the Executive and delivered to the Company in a form acceptable to the Company prior to the Executive’s death) and surviving the Executive or, if none, the Executive’s estate, as applicable, except as otherwise specified in Section 6(a).

Appears in 2 contracts

Samples: Employment Agreement (Virginia Financial Group Inc), Employment Agreement (Virginia Financial Group Inc)

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Death or Incapacity. If the Executive’s employment is terminated during the Term by reason of death or incapacity in accordance with Section 6(a) hereof, this Agreement and the Term shall terminate without further obligation to the Executive or his legal representatives under this Agreement except as otherwise specified in Section 6(a).

Appears in 1 contract

Samples: Employment Agreement (Mainstreet Bankshares Inc)

Death or Incapacity. If the Chief Executive’s 's employment is terminated by reason of death or incapacity in accordance with Section 6(a) hereof, this Agreement shall terminate without further obligation to the Chief Executive or his legal representatives under this Agreement except as otherwise specified in Section 6(a).

Appears in 1 contract

Samples: Employment Agreement (Online Power Supply Inc)

Death or Incapacity. If the Executive’s employment is terminated by reason of death or incapacity in accordance with Section paragraph 6(a) hereof), this Agreement shall terminate without further obligation to the Executive or his legal representatives under this Agreement except as otherwise specified in Section paragraph 6(a).

Appears in 1 contract

Samples: Employment Agreement (Botetourt Bankshares Inc)

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