Common use of Disability Termination Clause in Contracts

Disability Termination. The Executive’s employment shall terminate if the Executive becomes so disabled as to be unable to substantially perform the services of the character contemplated by this Agreement, and such disability continues for a period of ninety (90) consecutive days. The Executive’s employment shall terminate at the conclusion of the 90-consecutive day disability. In such event, the Executive shall be entitled to receive the Executive’s monthly Base Salary defined under Section 3 and benefits defined under Section 5 until the end of the 90-consecutive day disability period. Executive shall also be entitled to exercise any vested rights under Sections 5 and 6.

Disability Termination. The Executive’s employment shall terminate if the Executive becomes so disabled as to be unable to substantially perform the services of the character contemplated by this Agreement, and such disability continues for a period of ninety (90) consecutive days. The Executive’s employment shall terminate at the conclusion of the 90-consecutive day disability. In such event, the Executive shall be entitled to receive the Executive’s monthly Base Salary defined under Section 3 immediate vesting of all Restricted Stock and benefits defined under Section 5 until the end Options which vested prior to such termination or which would vest within six (6) months of the 90-consecutive day disability period. Executive shall also be entitled to exercise any vested rights under Sections 5 and 6such termination.