Common use of Death or Long-Term Disability Clause in Contracts

Death or Long-Term Disability. In the event of the termination of Executive's employment by reason of death or long-term disability pursuant to Paragraph 6(c) above, Employer shall have no obligation to pay any compensation or benefits of any kind to Executive or the Executive's estate, other than as follows: (i) Base Salary that has been earned but not been paid up to and including the date of termination; (ii) A prorata portion of the Bonus under this Agreement based upon the amount of time worked by the Executive in the fiscal year when such termination is effective, provided, however, that such prorata portion will be determined in the ordinary course of business and paid at such time following the close of the fiscal year that such other eligible executives receive such payment; (iii) In the case of long-term disability, a continuation of Base Salary and any Benefit Plans for which Executive is eligible and enrolled for six (6) months following the termination of this Agreement and any long-term disability benefits for which Executive is eligible under the Employer's long-term disability group insurance plan. (iv) The term "Long-Term Disability" shall be construed as it is defined in the Employer's long-term disability group insurance plan.

Death or Long-Term Disability. In the event of the termination of Executive's ’s employment by reason of death or long-term disability pursuant to Paragraph 6(c) above, Employer shall have no obligation to pay any compensation or benefits of any kind to Executive or the Executive's ’s estate, other than as follows: (i) Base Salary that has been earned but not been paid up to and including the date of termination; (ii) A prorata portion of the Bonus under this Agreement based upon the amount of time worked by the Executive in the fiscal year when such termination is effective, provided, however, that such prorata portion will be determined in the ordinary course of business and paid at such time following the close of the fiscal year that such other eligible executives receive such payment; (iii) In the case of long-term disability, a continuation of Base Salary and any Benefit Plans for which Executive is eligible and enrolled for six (6) months following the termination of this Agreement and any long-term disability benefits for which Executive is eligible under the Employer's ’s long-term disability group insurance plan. (iv) The term "“Long-Term Disability" ” shall be construed as it is defined in the Employer's ’s long-term disability group insurance plan.