Disability and Sickness. If Employee is unable to perform his services by reason of illness or incapacity, for a period of less than ninety days, the compensation otherwise payable to Employee during that ninety day period shall be paid in full during the period of such illness. In the event the illness shall extend for longer than ninety days, compensation from PPS shall cease. Employee's full compensation shall be -2- reinstated upon his return to employment and discharge of his full duties hereunder. Notwithstanding anything herein to the contrary, PPS may terminate this Agreement at any time after Employee has been absent from his employment for whatever unauthorized cause (including illness), for a continuous period of more than ninety days, and, except as provided for in Paragraph 10 below, all obligations of PPS hereunder shall cease upon such termination.
Appears in 2 contracts
Samples: Employment Agreement (Preferred Payment Systems Inc), Employment Agreement (Preferred Payment Systems Inc)
Disability and Sickness. If Employee is unable to perform his services by reason of illness or incapacity, for a period of less than ninety days, the compensation otherwise payable to Employee during that ninety day period shall be paid in full during the period of such illness. In the event the illness shall extend for longer than ninety days, compensation from PPS shall cease. Employee's full compensation shall be -2- reinstated upon his return to employment and discharge of his full duties hereunder. Notwithstanding anything herein to the contrary, PPS may terminate this Agreement at any time after Employee has been absent from his employment for whatever unauthorized cause (including illness), for a continuous period of more than ninety days, and, except as provided for in Paragraph 10 below, all obligations of PPS hereunder shall cease upon such termination.
Appears in 2 contracts
Samples: Employment Agreement (Preferred Payment Systems Inc), Employment Agreement (Preferred Payment Systems Inc)
Disability and Sickness. If Employee is unable to perform his services by reason of illness or incapacity, for a period of less than ninety days, the compensation otherwise payable to Employee during that ninety day period shall be paid in full during the period of such illness. In the event the illness shall extend for longer than ninety days, compensation -2- from PPS shall cease. Employee's full compensation shall be -2- reinstated upon his return to employment and discharge of his full duties hereunder. Notwithstanding anything herein to the contrary, PPS may terminate this Agreement at any time after Employee has been absent from his employment for whatever unauthorized cause (including illness), for a continuous period of more than ninety days, and, except as provided for in Paragraph 10 below, all obligations of PPS hereunder shall cease upon such termination.
Appears in 1 contract
Samples: Employment Agreement (Preferred Payment Systems Inc)