Common use of Disability Period Clause in Contracts

Disability Period. During any period during the Employment Period that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness (“Disability Period”), the Executive shall continue to (i) receive his full Base Salary and (ii) participate in the Benefit Plans.

Appears in 5 contracts

Samples: Employment Agreement (Targeted Medical Pharma, Inc.), Employment Agreement (Targeted Medical Pharma, Inc.), Employment Agreement (Targeted Medical Pharma, Inc.)

AutoNDA by SimpleDocs

Disability Period. During any period during the Employment Period Term that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness ("Disability Period"), the Executive shall continue to to (i) receive his full Base Salary and Salary, (ii) remain eligible to receive an Annual Bonus under Section 5(b) hereof, and (iii) participate in the Benefit Plans.plans

Appears in 1 contract

Samples: Employment Agreement (United Usn Inc)

AutoNDA by SimpleDocs

Disability Period. During any period during the Employment Period of employment that the Executive fails to perform his duties hereunder as a result of incapacity due to physical or mental illness (“Disability Period”), the Executive shall continue to to (i) receive his full Base Salary and and Annual Bonus otherwise payable for that period of time allowable under the Company’s short-term disability plan, followed by (ii) participate in those benefits for that period of time allowable under the Benefit PlansCompany’s long-term disability plans.

Appears in 1 contract

Samples: Letter of Understanding (Corning Inc /Ny)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!