Common use of DEATH OR PERMANENT DISABILITY OF THE EXECUTIVE Clause in Contracts

DEATH OR PERMANENT DISABILITY OF THE EXECUTIVE. In the event the Term terminates as a result of the Executive's death or Permanent Disability, as described in Sections 3.1 and 3.2, Executive will not be entitled to any Base Compensation or Bonus Compensation or benefits following the date of the Executive's death or the one hundredth day of the Executive's Permanent Disability.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cash Systems Inc), Executive Employment Agreement (Cash Systems Inc)

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DEATH OR PERMANENT DISABILITY OF THE EXECUTIVE. In the event the Term terminates as a result of the Executive's ’s death or Permanent Disability, as described in Sections sections 3.1 and 3.2, Executive will not be entitled to any Base Compensation or Compensation, Bonus Compensation Compensation, or benefits following the date of the Executive's ’s death or the one hundredth day of the Executive's ’s Permanent Disability.

Appears in 2 contracts

Samples: Executive Employment Agreement (Cash Systems Inc), Executive Employment Agreement (Cash Systems Inc)

DEATH OR PERMANENT DISABILITY OF THE EXECUTIVE. In the event the Term terminates as a result of the Executive's Executive‘s death or Permanent Disability, as described in Sections sections 3.1 and 3.2, Executive will not be entitled to any Base Compensation or Compensation, Bonus Compensation Compensation, or benefits following the date of the Executive's ’s death or the one hundredth day of the Executive's ’s Permanent Disability. However, Executive’s estate shall receive a prorated share of the bonus earned through date of Executive’s death.

Appears in 1 contract

Samples: Executive Employment Agreement (Cash Systems Inc)

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DEATH OR PERMANENT DISABILITY OF THE EXECUTIVE. In the event If the Term terminates as a result of the Executive's death or Permanent Disability, as described in Sections 3.1 and 3.2, the Company will Executive will or his estate all Salary and Commissions earned prior to the date of Executive's death or the thirtieth day of Executive's Permanent Disability, and Executive shall not be entitled to any Base Compensation or Bonus Compensation or benefits following the date of the Executive's death or the one hundredth day of the Executive's Permanent Disabilityother compensation in connection with such termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Cash Systems Inc)

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