Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his employment by reason of “Disability”, if the Board shall determine that the physical or mental condition of the Executive prevents him from the normal performance of his duties as determined by the Board.
Appears in 15 contracts
Samples: Asset Purchase Agreement (CVSL Inc.), Asset Purchase Agreement (Intelligent Living Inc.), Employment Agreement (Stage Stores Inc)
Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his employment by reason of “Disability”, if the Board shall determine that the physical or mental condition of the Executive prevents him from the normal performance of his duties as it is determined by the Boardcarrier of the Company’s long-term disability policy that the executive has become disabled and is eligible for long-term disability payments from the plan.
Appears in 8 contracts
Samples: Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)
Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his her employment by reason of “Disability”, if the Board shall determine that the physical or mental condition of the Executive prevents him her from the normal performance of his her duties as determined by the Board.
Appears in 3 contracts
Samples: Employment Agreement (Computer Vision Systems Laboratories Corp.), Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)
Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his employment by reason of “"Disability”", if the Board shall determine that the physical or mental condition of the Executive prevents him from the normal performance of his duties as determined by the Board.
Appears in 2 contracts
Samples: Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)
Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his employment by reason of “Disability”, if the Board shall determine that the physical or mental condition of the Executive prevents him from the normal performance of his duties as it is determined by the Boardcarrier of the companies Long Term Disability policy that the executive has become disabled and is eligible for long term disability payments from the plan.
Appears in 2 contracts
Samples: Employment Agreement (Stage Stores Inc), Employment Agreement (Stage Stores Inc)
Disability Defined. For the purposes of this Agreement, the Executive shall be deemed to have terminated his employment by reason of “Disability”, if the Board disability insurance administrator who provides coverage for company benefits shall determine that the physical or mental condition of the Executive prevents him from the normal performance of his duties as determined by the Board.
Appears in 1 contract
