Common use of Disability Benefits Clause in Contracts

Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and long-term disability plans having terms no less favorable than the terms of the Company’s short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 18 contracts

Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.), Change in Control Severance Agreement (ZimVie Inc.), Change in Control Severance Agreement (ZimVie Inc.)

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Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and long-term disability plans having terms no less favorable than those provided under the terms of the Company’s short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 7 contracts

Samples: Change in Control Severance Agreement (Zimmer Holdings Inc), Change in Control Severance Agreement (Zimmer Holdings Inc), Change in Control Severance Agreement (Zimmer Holdings Inc)

Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s 's full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and long-term disability plans having terms no less favorable than those provided under the terms of the Company’s 's short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 2 contracts

Samples: Change in Control Severance Agreement (Zimmer Holdings Inc), Change in Control Severance Agreement (Zimmer Holdings Inc)

Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and long-term disability plans having terms no less favorable than the terms of the Company’s short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation 2 US.115484722.02 or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.)

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Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and A-1 long-term disability plans having terms no less favorable than the terms of the Company’s short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Zimmer Holdings Inc)

Disability Benefits. Following a Change in Control and during the term of this Agreement, during any period that the Executive fails to perform the Executive’s full-time duties with the Company as a result of Disability, the Executive will receive short-term and long-term disability benefits as provided under short-term and long-term disability plans having terms no less favorable than the terms of the Company’s short-term and long-term disability plans as in effect immediately prior to the Change in Control, together with all other compensation and benefits payable to the Executive pursuant to the terms of any compensation 2024 CIC Template or benefit plan, program, or arrangement maintained by the Company during the period of Disability.

Appears in 1 contract

Samples: Change in Control Severance Agreement (Zimmer Biomet Holdings, Inc.)

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