Common use of Determination of Long Term Incapacity Clause in Contracts

Determination of Long Term Incapacity. “Determination of Long Term Incapacity” shall mean a good faith determination by Employer that, as a result of mental or physical illness or injury Employee has failed to perform Employee’s assigned duties with Employer on a full time basis for a period exceeding six (6) consecutive months.

Appears in 4 contracts

Samples: Change in Control Agreement (Parkway Acquisition Corp.), Change in Control Agreement (Parkway Acquisition Corp.), Change in Control Agreement (Parkway Acquisition Corp.)

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Determination of Long Term Incapacity. “Determination of Long Term Incapacity” shall mean a good faith determination by Employer that, the President and Chief Executive Officer that as a result of mental or physical illness or injury Employee the Executive has failed to perform Employee’s his assigned duties with Employer the Company on a full full-time basis for a period exceeding six twelve (612) consecutive monthsmonths after a Determination of Temporary Incapacity.

Appears in 1 contract

Samples: Executive Employment Agreement (National Bankshares Inc)

Determination of Long Term Incapacity. Determination of Long Term Incapacity" shall mean a good faith determination by Employer that, as a result of mental or physical illness or injury Employee has failed to perform Employee’s 's assigned duties with Employer on a full time basis for a period exceeding six (6) consecutive months.

Appears in 1 contract

Samples: Change in Control Agreement (Parkway Acquisition Corp.)

Determination of Long Term Incapacity. “Determination of Long Term Incapacity” shall mean a good faith determination by Employer that, the Board that as a result of mental or physical illness or injury Employee the Executive has failed to perform Employee’s his assigned duties with Employer the Company on a full full-time basis for a period exceeding six twelve (612) consecutive monthsmonths after a Determination of Temporary Incapacity.

Appears in 1 contract

Samples: Executive Employment Agreement (National Bankshares Inc)

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Determination of Long Term Incapacity. “Determination of Long Term Incapacity” shall mean a good faith determination by Employer that, the President and Chief Executive Officer that as a result of mental or physical illness or injury Employee the Executive has failed to perform Employee’s her assigned duties with Employer the Company on a full full-time basis for a period exceeding six twelve (612) consecutive monthsmonths after a Determination of Temporary Incapacity.

Appears in 1 contract

Samples: Executive Employment Agreement (National Bankshares Inc)

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