Disability Termination Compensation Clause Samples

The Disability Termination Compensation clause defines the compensation an employee is entitled to if their employment is terminated due to a disability. Typically, this clause outlines the conditions under which a disability is recognized, the process for determining eligibility, and the amount or type of compensation provided, such as severance pay or continued benefits. Its core function is to provide financial protection and clarity for both the employer and employee in the event that the employee can no longer perform their duties due to a disabling condition.
Disability Termination Compensation. “Disability Termination Compensation” shall mean: