Death or Total Disability. In the event of Employee’s death or total disability (as defined in the Company’s long term disability insurance plan), Employee’s employment under this Agreement shall terminate immediately. If terminated due to Employee’s death, the Company shall pay to Employee’s heir or personal representatives, as the case may be, six (6) monthly payments, each equal to one-twelfth (1/12) of Employee’s then-current salary, commencing with the first calendar month after termination. If terminated due to Employee’s total disability, the Company shall pay to Employee six (6) monthly payments, each equal to one-twelfth (1/12) of Employee’s then-current salary less any payments under the Company’s long term disability insurance plan that Employee receives or is entitled to receive in each such month, commencing with the first calendar month after termination.
Appears in 9 contracts
Samples: Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp)
Death or Total Disability. In the event of Employee’s 's death or total disability (as defined in the Company’s 's long term disability insurance plan), Employee’s 's employment under this Agreement shall terminate immediately. If terminated due to Employee’s 's death, the Company shall pay to Employee’s 's heir or personal representatives, as the case may be, six (6) monthly payments, each equal to one-twelfth (1/12) of Employee’s 's then-current salary, commencing with the first calendar month after termination. If terminated due to Employee’s 's total disability, the Company shall pay to Employee six (6) monthly payments, each equal to one-twelfth (1/12) of Employee’s 's then-current salary less any payments under the Company’s 's long term disability insurance plan that Employee receives or is entitled to receive in each such month, commencing with the first calendar month after termination.
Appears in 5 contracts
Samples: Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp), Employment Agreement (Alion Science & Technology Corp)