Death or Permanent Disability of Employee. Employee’s employment hereunder shall terminate upon Employee’s death. In addition, the Employer shall have the right to terminate Employee’s employment during the Employment Period upon 15 days’ written notice if and when Employee, by reason of injury, illness or similar cause (as determined by a licensed physician selected by Employee and approved by the Employer) is unable to, and has failed to, perform his duties for 120 days within a period of 180 consecutive days.
Appears in 6 contracts
Samples: Employment Agreement (Edelman Financial Group Inc.), Employment Agreement (Edelman Financial Group Inc.), Employment Agreement (Edelman Financial Group Inc.)
Death or Permanent Disability of Employee. Employee’s employment hereunder shall terminate upon Employee’s death. In addition, the Employer shall have the right to terminate Employee’s employment during the Employment Period upon 15 days’ written notice if and when Employee, by reason of injury, illness or similar cause (as determined by a licensed physician selected by Employee and approved by the Employer) is unable to, and has failed to, perform his her duties for 120 days within a period of 180 consecutive days.
Appears in 1 contract
Samples: Employment Agreement (Edelman Financial Group Inc.)
Death or Permanent Disability of Employee. Employee’s employment hereunder shall terminate upon Employee’s death. In addition, after the Initial Closing Date the Employer shall have the right to terminate Employee’s employment during the Employment Period hereunder upon 15 days’ written notice if and when Employee, by reason of injury, illness or similar cause (as determined by a licensed physician selected by Employee and approved by the Employer) is unable to, and has failed fails to, perform his duties for 120 days within a period of 180 consecutive days.
Appears in 1 contract
Samples: Employment Agreement (Sanders Morris Harris Group Inc)
Death or Permanent Disability of Employee. Employee’s 's employment hereunder shall terminate upon Employee’s her death. In addition, the Employer Company shall have the right to terminate Employee’s 's employment during the Employment Period hereunder upon 15 days’ ' written notice if and when Employee, by reason Employee becomes permanently disabled within the meaning of injury, illness or similar cause (as determined by a licensed physician selected by Employee and approved by the Employer) is unable to, and has failed to, perform his duties for 120 days within a period of 180 consecutive days.any permanent
Appears in 1 contract
