Common use of Disability Clause in Contracts

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 27 contracts

Samples: Executive Employment Agreement (Idexx Laboratories Inc /De), Executive Employment Agreement (Idexx Laboratories Inc /De), Executive Employment Agreement (Idexx Laboratories Inc /De)

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Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement shall terminate without further compensation obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 90 days of the Date of Termination) and the timely payment or settlement of any other amount pursuant to the Other Benefits and (ii) treatment of all other compensation under existing plans as provided by the terms and rules of those plans.

Appears in 26 contracts

Samples: Employment Agreement, Employment Agreement (GlyEco, Inc.), Employment Agreement (GlyEco, Inc.)

Disability. If the Executive's ’s employment is terminated terminates during the Term by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations Obligations, and any incentive compensation for the timely payment or provision year in which the termination occurs prorated through the Date of Other Benefits. Accrued Obligations shall be paid Termination and any benefits under such plans, programs, practices and policies relating to the Executive disability benefits, if any, as in a lump sum in cash within 30 days of effect on the Date of Termination.

Appears in 19 contracts

Samples: Employment Agreement (Heritage Commerce Corp), Employment Agreement (Heritage Commerce Corp), Employment Agreement (Heritage Commerce Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement the Company shall terminate without have no further payment obligations to the ExecutiveExecutive or his legal representatives, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in of: (1) a lump sum in cash within 30 thirty (30) days of after the Date of TerminationTermination (or such earlier date as required by applicable law) the Accrued Obligations; and (2) the Accrued Incentives, which shall be payable in accordance with the terms and conditions of the Incentive Plans.

Appears in 13 contracts

Samples: Executive Employment Agreement, Executive Employment Agreement (Midstates Petroleum Company, Inc.), Executive Employment Agreement (Midstates Petroleum Company, Inc.)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the Executive, other than for payment those obligations accrued or earned and vested (if applicable) by Executive as of Accrued Obligations and the timely payment or provision Date of Other Benefits. Accrued Obligations Termination, which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 13 contracts

Samples: Employment Agreement (Asia Entertainment & Resources Ltd.), Employment Agreement (Asia Entertainment & Resources Ltd.), Employment Agreement (Macau Resources Group LTD)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of the Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination) and (ii) the timely payment or provision of the Welfare Benefit Continuation and Other Benefits.

Appears in 12 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 days of the Date Executive's termination of Terminationemployment.

Appears in 11 contracts

Samples: Change in Control Agreement (Southern California Water Co), Change in Control Agreement (Southern California Water Co), Change in Control Agreement (American States Water Co)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days on the same dates as if employment was not terminated by reason of Disability. The Welfare Benefits shall continue through the Date of TerminationWelfare Protection Period (as defined below).

Appears in 11 contracts

Samples: Employment Agreement (Blue Earth, Inc.), Employment Agreement (Blue Earth, Inc.), Employment Agreement (Blue Earth, Inc.)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 10 contracts

Samples: Change in Control Agreement (Idexx Laboratories Inc /De), Change in Control Agreement (Idexx Laboratories Inc /De), Executive Employment Agreement

Disability. If the Executive's ’s employment is terminated terminates by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations Obligations, and any incentive compensation for the timely payment or provision year in which the termination occurs prorated through the Date of Other Benefits. Accrued Obligations shall be paid Termination and any benefits under such plans, programs, practices and policies relating to the Executive disability benefits, if any, as in a lump sum in cash within 30 days of effect on the Date of Termination.

Appears in 9 contracts

Samples: Employment Agreement (Heritage Commerce Corp), Employment Agreement (Heritage Commerce Corp), Employment Agreement (Heritage Commerce Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during ’s Disability, unless otherwise directed by the Employment PeriodExecutive (or, this Agreement shall terminate without further obligations to in the Executivecase of any Qualified Plan, other than for payment of Accrued Obligations and as may be required by such plan), the timely payment or provision of Other Benefits. Accrued Obligations Executive shall be paid to the Executive all Accrued Obligations in a lump sum in cash within 30 days of the Date of Termination. Anything in this Agreement to the contrary notwithstanding, the Executive shall be entitled to receive disability and other benefits at least equal to the level of benefits available in accordance with the plans, programs and policies maintained by the Corporation relating to disability immediately prior to the Effective Date.

Appears in 8 contracts

Samples: Employment Protection Agreement (Genlyte Group Inc), Employment Protection Agreement (Genlyte Group Inc), Employment Protection Agreement (Genlyte Group Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Post-Change of Control Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and (ii) the timely payment or provision of any and all Other Benefits, which under their terms are available in the event of a Disability.

Appears in 8 contracts

Samples: Executive Agreement (Atwood Oceanics Inc), Executive Agreement (Atwood Oceanics Inc), Executive Agreement (Atwood Oceanics Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during prior to the Employment PeriodEffective Date, this Agreement shall terminate without further obligations obligation to the Executive, other than for the payment by the Company to Executive of Accrued Obligations and an amount equal to (i) the timely payment Severance Amount minus (ii) the amount Executive would be entitled to receive as a disability benefit under the then existing plan, program, policy or provision practice of Other Benefits. Accrued Obligations the Company or any of its affiliated companies (which shall be paid to the Executive in a lump sum in cash within 30 days accordance with the then existing, plan, program, policy or practice of the Date Company or any of Terminationits affiliated companies).

Appears in 8 contracts

Samples: Employment Agreement (Microfinancial Inc), Employment Agreement (Microfinancial Inc), Employment Agreement (Microfinancial Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm of this Agreement (either prior or subsequent to a Change in Control), this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (as defined in Section 4.1) (which shall be paid to the Executive in a lump sum in cash within 30 ten (10) days of the Date of Termination).

Appears in 8 contracts

Samples: Employment Agreement (Magna Group Inc), Employment Agreement (Magna Group Inc), Employment Agreement (Magna Group Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 days of the Date of Termination. With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section 5(c) shall include disability benefits as in effect with respect to the Executive on the Executive's Disability Effective Date.

Appears in 8 contracts

Samples: Employment Agreement (York International Corp /De/), Employment Agreement (York International Corp /De/), Employment Agreement (York International Corp /De/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued the obligation to pay or provide to the Executive the Obligations and the timely payment or provision of the Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination, including any applicable disability benefits.

Appears in 8 contracts

Samples: Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.), Employment Agreement (Freescale Semiconductor Holdings I, Ltd.), Employment Agreement (Fresenius Kabi Pharmaceuticals Holding, Inc.)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump lump-sum in cash within 30 on the date 60 days of following the Date of Termination) and (ii) payment to the Executive in a lump-sum in cash on the date 60 days following the Date of Termination of an amount equal to the Severance Amount payable under Section 6(a)(1)(B).

Appears in 7 contracts

Samples: Executive Employment Agreement (Hercules Offshore, Inc.), Executive Employment Agreement (Hercules Offshore, Inc.), Executive Employment Agreement (Hercules Offshore, Inc.)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Base Severance Amount (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and the timely payment or provision of the Welfare Benefit Continuation and Other Benefits.

Appears in 7 contracts

Samples: Severance Agreement (Workflow Management Inc), Severance Agreement (Workflow Management Inc), Severance Agreement (Workflow Management Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. the following: (i) Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.Obligations; and

Appears in 7 contracts

Samples: Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc), Employment Agreement (Solutia Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive or the Executive's legal representative in a lump sum in cash within 30 days of the Date of Termination.

Appears in 6 contracts

Samples: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)

Disability. If the Executive's Executives' employment is terminated by reason of the Executive's Executives' Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 5 contracts

Samples: Employment Agreement (Escue Energy Inc), Employment Agreement (Escue Energy Inc), Employment Agreement (Escue Energy Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm of this Agreement (either prior or subsequent to a Change in Control), this -8- 9 Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (as defined in Section 4.1) (which shall be paid to the Executive in a lump sum in cash within 30 ten (10) days of the Date of Termination).

Appears in 5 contracts

Samples: Executive Employment Agreement (Magna Group Inc), Employment Agreement (Magna Group Inc), Employment Agreement (Magna Group Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations accrued obligations and the timely payment or provision of Other Benefits. Accrued Obligations obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 5 contracts

Samples: Employment Agreement (Talbert Medical Management Holdings Corp), Employment Agreement (Talbert Medical Management Holdings Corp), Employment Agreement (Talbert Medical Management Holdings Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Periodterm of this Agreement, this Agreement shall terminate (with the exception of Section 7 herein) without further obligations obligation to the Executive, other than for payment any obligations accrued prior to the Executive's Date of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Termination, which shall be paid to the Executive payable (in a lump sum in cash sum) within 30 thirty (30) days of the Date of Termination.

Appears in 5 contracts

Samples: Employment Agreement (Iroquois Bancorp Inc), Employment Agreement (Iroquois Bancorp Inc), Employment Agreement (Iroquois Bancorp Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and the timely payment or provision of the Welfare Benefit Continuation and Other Benefits.

Appears in 5 contracts

Samples: Change of Control Agreement (Spacelabs Medical Inc), Change of Control Employment Agreement (Landamerica Financial Group Inc), Change of Control Agreement (Spacelabs Medical Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations obligation to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 5 contracts

Samples: Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm of Employment, this Agreement the Company shall terminate without further obligations to pay or provide the Executive, other than for payment of the Accrued Obligations Obligations, his Pro-Rata Bonus and the timely payment or provision of Other Benefits. Subject to Section 15 hereof, Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 5 contracts

Samples: Employment Agreement (Amerus Group Co/Ia), Employment Agreement (Amerus Group Co/Ia), Employment Agreement (Amerus Group Co/Ia)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations obligation to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 5 contracts

Samples: Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/), Change of Control Agreement (El Paso Electric Co /Tx/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section

Appears in 5 contracts

Samples: Change of Control Employment Agreement (Mosinee Paper Corp), Change of Control Employment Agreement (Mosinee Paper Corp), Change of Control Employment Agreement (Mosinee Paper Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations Obligations, the Retention Bonus (to the extent not theretofore paid), and the timely payment or provision of Other Benefits. Accrued Obligations The term Other Benefits as utilized in this Section 7(c) shall include, without limitation, and Executive's estate and/or beneficiaries shall be paid entitled to the receive, any disability benefits applicable to Executive in a lump sum in cash within 30 days of at the Date of Termination, regardless of when payable.

Appears in 4 contracts

Samples: Employment Agreement (Tropical Sportswear Co Inc), Employment Agreement (Tropical Sportswear Co Inc), Employment Agreement (Tropical Sportswear Co Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and the timely payment or provision of the Welfare Benefit Continuation and Other Benefits.

Appears in 4 contracts

Samples: Change of Control Agreement (Puget Energy Inc /Wa), Change of Control Agreement (Puget Energy Inc /Wa), Change of Control Agreement (Puget Sound Energy Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodPeriod (either prior or subsequent to a Change in Control), this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination) and (ii) the timely payment or provision of Other Benefits including all such benefits payable in the event of Disability.

Appears in 4 contracts

Samples: Employment Agreement (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/), Employment Agreement (Angelica Corp /New/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Periodterm of this Agreement, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of TerminationTermination and Other Benefits shall be paid as soon as practicable in accordance with the most favorable practices, policies and procedures followed by the Company with respect to members of senior management.

Appears in 4 contracts

Samples: Employment Agreement (Ezconnect Inc /Ut/), Employment Agreement (Ezconnect Inc /Ut/), Employment Agreement (Ezconnect Inc /Ut/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment the obligation to pay or provide to the Executive an amount equal to the amount set forth in clauses (1), (2) and (3) of Accrued Obligations Section 5(a)(i)(A) above, the provision of the Stock Benefits and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination, including any applicable disability benefits.

Appears in 4 contracts

Samples: Employment Agreement (Motorola Inc), Employment Agreement (Motorola Inc), Employment Agreement (Motorola Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of the Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination) and (ii) the timely payment or provision of the Welfare Benefit Continuation and Other Benefits during the twelve (12) month period immediately following the Date of Termination.

Appears in 4 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment a Change of Control Period, this Agreement the Company shall terminate without further obligations to provide the Executive, other than for payment of Executive with the Accrued Obligations and the timely payment or provision delivery of the Other Benefits, and shall have no other severance obligations under this Agreement. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 4 contracts

Samples: Change of Control Agreement (Kirby Corp), Change of Control Agreement (Kirby Corp), Change of Control Agreement (Kirby Corp)

Disability. If the Executive's Executives employment is terminated by reason of the Executive's Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for timely performance of the Special Obligations, payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 3 contracts

Samples: Change in Control Agreement (Furon Co), Change in Control Agreement (Haskel International Inc), Change in Control Agreement (Haskel International Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without and the Corporation shall pay the Executive his Base Salary through the date of termination at the rate in effect at the time of Disability and any other benefits (including Disability benefits) to which Executive is entitled to hereunder at the date of the termination and shall have no further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Terminationunder this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Pep Boys Manny Moe & Jack), Employment Agreement (Pep Boys Manny Moe & Jack), Employment Agreement (Pep Boys Manny Moe & Jack)

Disability. If the Executive's employment is terminated by reason of ---------- the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment by the Company of (i) Accrued Obligations and the timely payment or provision of Obligations, (ii) Other Benefits, and (iii) an amount, in cash, equal to one times the Executive's Annual Base Salary at the time of termination. Accrued Obligations The amounts due under clauses (i) and (iii) of the preceding sentence shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 3 contracts

Samples: Change of Control Employment Agreement (Calgene Inc /De/), Change of Control Employment Agreement (Calgene Inc /De/), Change of Control Employment Agreement (Calgene Inc /De/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 10 days of the Date Executive’s termination of Terminationemployment.

Appears in 3 contracts

Samples: Change in Control Agreement (Golden State Water CO), Change in Control Agreement (Golden State Water CO), Change in Control Agreement (Golden State Water CO)

Disability. If the Executive's employment is shall be terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations obligation to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefitsthe Welfare Benefit Continuation. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination. The Executive shall be entitled after the Disability Effective Date to receive disability and other benefits as in effect at the Disability Effective Date with respect to other peer executives of Employer and their families.

Appears in 3 contracts

Samples: Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

Disability. If the Executive's ’s employment is terminated terminates during the Term by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations Obligations, and any compensation accrued and vested under the timely payment or provision terms of Other Benefits. Accrued Obligations shall be paid the Incentive Plan for the year in which the termination occurs prorated through the Date of Termination and any benefits under such plans, programs, practices and policies relating to the Executive disability benefits, if any, as in a lump sum in cash within 30 days of effect on the Date of Termination.

Appears in 3 contracts

Samples: Employment Agreement (California BanCorp), Employment Agreement (California BanCorp), Employment Agreement (California BanCorp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and the timely payment or provision of the Welfare Benefit Continuation and Other Benefits.

Appears in 3 contracts

Samples: Change of Control Agreement (Puget Sound Energy Inc), Change of Control Agreement (Puget Sound Energy Inc), Change of Control Agreement (Puget Sound Energy Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other BenefitsObligations. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 3 contracts

Samples: Employment Agreement (Female Health Co), Employment Agreement (Female Health Co), Change in Control Agreement (Clorox Co /De/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash within 30 days of the Date of Termination.

Appears in 3 contracts

Samples: Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc), Employment Agreement (Beazer Homes Usa Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodPeriod in accordance with Section 5(a), this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the provision of Other Benefits, after a Change of Control the term "

Appears in 3 contracts

Samples: Employment Agreement (Avery Dennison Corporation), Employment Agreement (Avery Dennison Corporation), Employment Agreement (Avery Dennison Corporation)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision payment, after the Disability Effective Date, of Other Benefitsdisability benefits as in effect on the Disability Effective Date with respect to other peer executives of the Company and its affiliated companies. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (First Chicago NBD Corp), Executive Employment Agreement (First Chicago NBD Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Westinghouse Air Brake Technologies Corp), Employment Agreement (Westinghouse Air Brake Technologies Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of the Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination) and (ii) the timely payment or provision of the Welfare Benefit Continuation and Other Benefits during the twelve (12) month period immediately following the Date of Termination.

Appears in 2 contracts

Samples: Transitional Compensation Agreement (Amcore Financial Inc), Transitional Compensation Agreement (Amcore Financial Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Change of Control Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination); and (ii) the timely payment of provision of the Executive Benefit Continuation and Other Benefits.

Appears in 2 contracts

Samples: Change of Control Agreement (Greenbrier Companies Inc), Change of Control Agreement (Greenbrier Companies Inc)

Disability. If the Executive's employment is terminated terminates by reason of Disability (as such term is defined in the Employment Agreement), the Option may be exercised during the twelve-month period following such termination. For purposes hereof, the provisions of the Employment Agreement shall apply in determining whether the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations employment has been terminated due to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of TerminationDisability.

Appears in 2 contracts

Samples: Stock Option Agreement (Hanover Direct Inc), Stock Option Agreement (Hanover Direct Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash cash, subject to Section 11 below, within 30 thirty (30) days of following the Date of Termination, or as soon thereafter as is reasonably practicable.

Appears in 2 contracts

Samples: Employment Agreement (Kaydon Corp), Employment Agreement (Kaydon Corp)

Disability. If the Executive's ’s employment is terminated terminates during the Term by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations and any Bonus Award for the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to year in which the Executive in a lump sum in cash within 30 days of termination occurs prorated through the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Heritage Commerce Corp), Employment Agreement (Heritage Commerce Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Dial Corp /New/), Employment Agreement (Dial Corp /New/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations his current salary for a total of six months in one lump sum amount and the timely payment or provision continuation of Other Benefitswhatever current benefits that are provided such as family health insurance, disability insurance and life insurance and others as they may be provided. Accrued Obligations shall All stock options will vest immediately and be paid exercisable for up to two years subsequent to the Executive in a lump sum in cash within 30 days date of the Date of Terminationdisability.

Appears in 2 contracts

Samples: Employment Agreement (Eplus Inc), Employment Agreement (Eplus Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm of Employment, this Agreement the Company shall terminate without further obligations to pay or provide the Executive, other than for payment of Executive the Accrued Obligations and the timely payment or provision of Other Benefits. The Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Renewable Energy Group, Inc.), Employment Agreement (Renewable Energy Group, Inc.)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Executive Employment Agreement (Idexx Laboratories Inc /De), Executive Employment Agreement (Idexx Laboratories Inc /De)

Disability. If the Executive's employment is shall be terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations obligation to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other BenefitsObligations. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty days of after the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (New Frontier Media Inc), Employment Agreement (New Frontier Media Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and Obligations, the timely payment or provision of Other BenefitsBenefits and the payment of the supplemental retirement benefit hereunder. In addition, the Option and the Restricted Stock, as well as the options referred to in Section 3 (c)(iv), shall vest immediately. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Suntrust Banks Inc), Employment Agreement (Suntrust Banks Inc)

Disability. If the Executive's employment is terminated by ---------- reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Idexx Laboratories Inc /De), Merger Agreement (Duke Power Co /Nc/)

Disability. If the Executive's ’s employment is terminated by reason because of the Executive's ’s Disability during the Employment Period, this Agreement shall will terminate without any further obligations to obligation on the Executivepart of the Company under this Agreement, other than for (i) payment of the Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash payment within 30 thirty (30) days of the Date of Termination; (ii) the timely payment of the Welfare Continuance Benefit; and (iii) the timely payment of all disability and retirement benefits pursuant to the terms of any plan, policy or arrangement of the Company and its affiliated companies.

Appears in 2 contracts

Samples: Management Continuity Agreement (Virginia National Bankshares Corp), Management Continuity Agreement (Virginia National Bankshares Corp)

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Disability. If the Executive's employment is shall be terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations obligation to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefitsthe Welfare Benefit Continuation. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination. The Executive shall be entitled after the Disability Effective Date to receive disability and other benefits as in effect at the Disability Effective Date with respect to other peer executives of FECI and their families.

Appears in 2 contracts

Samples: Employment Agreement (Florida East Coast Industries Inc), Employment Agreement (Florida East Coast Industries Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall will terminate without further obligations to the Executive, other than for payment of Accrued Obligations Compensation, the vesting of stock options and restricted stock, and the timely payment or provision of Other Benefits, including without limitation any disability benefits to which Executive is then entitled. Accrued Obligations Compensation shall be paid to the Executive in a lump sum in cash within 30 days of the Date of TerminationTermination or in accordance with any deferral election theretofore elected by Executive.

Appears in 2 contracts

Samples: Executive Retention and Employment Agreement (Source Capital Corp), Employment Agreement (Regions Financial Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations obligation to the Executive, Executive other than for (i) payment of Accrued Obligations Obligation within 30 days of Termination Date and the timely payment or provision of the Welfare Benefit Continuation and Other Benefits. Accrued Obligations shall be paid Benefits and (ii) payment to the Executive in a lump sum in cash within 30 days of termination an amount equal to the Date greater of Terminationa lump sum of Severance Amount and Supplemental Retirement Amount (SERP).

Appears in 2 contracts

Samples: Executive Agreement (Casino Resource Corp), Executive Employment Agreement (Casino Resource Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the

Appears in 2 contracts

Samples: Employment Agreement (Renaissance Entertainment Corp), Employment Agreement (Renaissance Entertainment Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.of

Appears in 2 contracts

Samples: Employment Agreement (Queeny Chemical Co), Employment Agreement (Solutia Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the Executive, other than those obligations accrued or earned and vested (if applicable) by the Executive as of the Date of Termination, including for payment of this purpose, all Accrued Obligations and the timely payment or provision of Other BenefitsObligations. All such Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 2 contracts

Samples: Employment Agreement (Tremisis Energy Acquisition Corp), Employment Agreement (Tremisis Energy Acquisition Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement the Company shall terminate without have no further payment obligations to the ExecutiveExecutive or his legal representatives under this Agreement, other than for (i) the payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 ten days of after the Date of Termination, of the Accrued Obligations and (ii) the Accrued Investments which amounts shall be payable in accordance with the terms and conditions of the Investment Plans.

Appears in 2 contracts

Samples: Employment Agreement (Capstar Broadcasting Corp), Employment Agreement (Capstar Broadcasting Partners Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations accrued obligations and the timely payment or provision of Other Benefits. Accrued Obligations obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 2 contracts

Samples: Change of Control Agreement (Trizetto Group Inc), Change of Control Agreement (Trizetto Group Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Change of Control Period, this Agreement the Company and the Employer shall terminate without have no further obligations to the Executive, other than for payment of the Accrued Obligations and the timely payment or provision of Other BenefitsObligations. All Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of following the Date of TerminationTermination Date.

Appears in 1 contract

Samples: Change of Control Agreement (Integer Holdings Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (as defined in Section 4.1(a)) (which shall be paid to the Executive in a lump sum in cash within 30 five (5) days of the Date of Termination) and (ii) the timely payment or provision of Other Benefits (as defined in Section 4.1(d)) including disability benefits pursuant to the terms of any plan, policy or arrangement of Health Financial.

Appears in 1 contract

Samples: Employment Agreement (Unified Holdings Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations under the Agreement to the Executive, other than except for payment of all Accrued Obligations and the timely payment or provision of Other BenefitsObligations. All Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of after the Date of Termination.

Appears in 1 contract

Samples: Change of Control Agreement (Analogic Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the Executive, other than for payment those disability benefits provided by the Company to which Executive is entitled as of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Disability Effective Date, which benefits shall be paid at least comparable to those in effect at any time during the ninety- day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's designees, as in a lump sum in cash within 30 days effect on the date of the Date of TerminationExecutive's Disability with respect to other key executives and their designees.

Appears in 1 contract

Samples: Change of Control Agreement (Pep Boys Manny Moe & Jack)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the provision of Other Benefits, the term "Other Benefits" as utilized in this Form 10-K 1995 Stone & Xxxxxxx, Incorporated

Appears in 1 contract

Samples: Employment Agreement (Stone & Webster Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement Banknorth shall terminate without have no further obligations to the ExecutiveExecutive under this Agreement, other than for payment of the Accrued Obligations and the timely payment or provision of Other Benefits. The Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 1 contract

Samples: Merger Agreement (Banknorth Group Inc/Me)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Effective Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a cash lump sum in cash within 30 days of the Date Executive’s termination of Terminationemployment.

Appears in 1 contract

Samples: Change in Control Agreement (Southern California Water Co)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment Period, this Agreement shall terminate without further obligations under the Agreement to the Executive, other than except for payment of all Accrued Obligations and the timely payment or provision of Other BenefitsObligations. All Accrued Obligations shall be paid to the Executive Executive, at the option of the Company, either (x) in a lump sum in cash within 30 days after the Date of Termination, or (y) in 12 equal consecutive monthly installments, with the first installment to be paid within 30 days after the Date of Termination.

Appears in 1 contract

Samples: Change of Control Agreement (Analogic Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Perioddisability pursuant to Section 4 (a) (ii), this Agreement shall terminate without further obligations to the Executive, other than for payment the obligation to pay to Executive all Base Salary as earned through the Date of Accrued Obligations and the timely payment or provision of Other BenefitsTermination. Accrued Obligations All such Base Salary shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of after the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Penn Treaty American Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations any accrued obligations to the Executive, payment of a pro rata portion of the Executive's annual cash bonus for the year of the Executive's Disability, and a release of the timely payment shares of FCN Common Stock or provision of Other BenefitsCollateral subject to the Pledge Agreement. Accrued Obligations Any such accrued obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (First Chicago NBD Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement shall terminate without further compensation obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 90 days of the Date of Termination) and the timely payment or settlement of any other amount pursuant to the Other Benefits, and (ii) treatment of all other compensation under existing plans as provided by the terms and rules of those plans.

Appears in 1 contract

Samples: Employment Agreement (Teton Energy Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the Executive, other than for payment those benefits provided by the Corporation to which Executive is entitled as of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Disability Effective Date, which benefits shall be paid at least comparable to those in effect at any time during the ninety-day period immediately preceding the Effective Date or, if more favorable to the Executive and/or the Executive's designees, as in a lump sum in cash within 30 days effect on the date of the Date of TerminationExecutive's Disability with respect to other key executives and their designees.

Appears in 1 contract

Samples: Employment Agreement (Pep Boys Manny Moe & Jack)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and Obligations, the timely payment or provision of Other BenefitsBenefits and the payment of the supplemental retirement benefit hereunder. In addition, the Option and the Restricted Stock, as well as the options referred to in Section 3(c)(iv) hereof, shall vest immediately. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Suntrust Banks Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodPeriod (either prior or subsequent to a Triggering Transaction), this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations as defined in Section 4.1 (a» which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination).

Appears in 1 contract

Samples: Employment Agreement (Lakeland Industries Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodPeriod in accordance with the terms of Section 5(a), this Agreement shall terminate without further obligations of the Company to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination) and the timely payment or provision of Other Benefits as provided in Section 4.3.

Appears in 1 contract

Samples: Employment Agreement (Hutchinson Products Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during the Employment Period’s Disability, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive or the Executive’s legal representative in a lump sum in cash cash, subject to Section 11 below, within 30 thirty (30) days of following the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Kaydon Corp)

Disability. If the Executive's Executive `s employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm, this Agreement (other than the provisions of Sections 9, 10 and 13) shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Dial Corp /New/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall will terminate without further obligations to the Executive, other than for payment of the Accrued Obligations. All Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall which are payable will be paid to the Executive in a lump sum in cash within 30 ten (10) business days of the Date of TerminationTermination Date, or in such other form as may be provided for pursuant to the applicable plans and agreements.

Appears in 1 contract

Samples: Employment Agreement (Ual Corp /De/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the provision of Other Benefits, the term Other Benefits as utilized in this Section 6(c) shall include, and the Executive shall be entitled after the

Appears in 1 contract

Samples: Employment Agreement (Geneva Steel Co)

Disability. If the Executive's employment is terminated terminates during the Term by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the ExecutiveExecutive under this Agreement, other than for payment of Accrued Obligations and any Bonus Award for the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to year in which the Executive in a lump sum in cash within 30 days of termination occurs prorated through the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Heritage Commerce Corp)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodTerm of Employment, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Stone & Webster Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations (excluding the pro-rata bonus described in clause 2 of Section 8(a)(i)(A)) and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. With respect to the provision of

Appears in 1 contract

Samples: Employment Agreement (PSS World Medical Inc)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement shall terminate without further compensation obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 90 days of the Date of Termination.) and the timely payment or settlement of any other

Appears in 1 contract

Samples: Employment Agreement (Teton Energy Corp)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's ’s Disability during the Employment PeriodTerm, this Agreement the Company shall terminate without have no further payment obligations to the ExecutiveExecutive or his legal representatives, other than for payment of of: (1) the Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Obligations, which shall be paid to the Executive payable in a lump sum in cash within 30 thirty (30) days of after the Date of TerminationTermination (or such earlier date as required by applicable law); and (2) the Accrued Incentives, which shall be payable in accordance with the terms and conditions of the Incentive Plans.

Appears in 1 contract

Samples: Executive Employment Agreement (Midstates Petroleum Company, Inc.)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall will terminate without further obligations to the Executive, other than for payment those obligations accrued or earned and vested (if applicable) by the Executive as of the Termination Date, including without limitation Accrued Obligations. All such Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall will be paid to the Executive in a lump sum in cash within 30 ten (10) business days of the Date of TerminationTermination Date, or in such other form as may be provided for pursuant to such plans.

Appears in 1 contract

Samples: Employment Agreement (Ual Corp /De/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of the following: (i) Accrued Obligations; (ii) Other Benefits; and (iii) if such termination occurs on or after the Emergence Date, the entire amount, if any, of the unpaid portion of the Emergence Bonus. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Solutia Inc)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodPeriod (either prior or subsequent to a Change in Control), this Agreement shall terminate without further obligations to the Executive, other than for (i) payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations (which shall be paid to the Executive in a lump sum in cash within 30 thirty (30) days of the Date of Termination) and (ii) the timely payment or provision of Other Benefits including Disability benefits pursuant to the terms of any plan, policy or arrangement of the Company.

Appears in 1 contract

Samples: Employment Agreement (Angelica Corp /New/)

Disability. If the Executive's ’s employment is terminated by reason of the Executive's Disability during the Employment Period’s disability, this Agreement shall terminate without further obligations to except that the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations Executive shall be paid entitled to receive after the Termination Date, disability and other health insurance as provided to employees generally together with such Executive’s Base Salary as then in effect, (less any payments received by the Executive from disability insurance provided by the Holding Company or Bank) in each case for a lump sum in cash within 30 days period of the Date of Terminationsix (6) months following termination.

Appears in 1 contract

Samples: Employment Agreement (Cardinal Bankshares Corp)

Disability. If the Executive's ’s employment is terminated by reason because of the Executive's ’s Disability during the Employment Period, this Agreement shall will terminate without any further obligations to obligation on the Executivepart of the Company under this Agreement, other than for (i) payment of the Accrued Obligations and three months of the timely payment or provision of Other Benefits. Accrued Obligations Executive’s Base Salary (which shall be paid to the Executive in a lump sum in cash within payment 30 days of after the Date of Termination); and (ii) the timely payment of all disability and retirement benefits pursuant to the terms of any plan, policy or arrangement of the Company and its affiliated companies.

Appears in 1 contract

Samples: Management Continuity Agreement (Premier Community Bankshares Inc)

Disability. If the Executive's employment is terminated by reason ---------- of the Executive's Disability during the Employment Period, this Agreement shall terminate without further obligations to the Executive, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.

Appears in 1 contract

Samples: Merger Agreement (Duke Power Co /Nc/)

Disability. If the Executive's employment is terminated by reason of the Executive's Disability during the Employment PeriodDisability, this Agreement shall terminate without further obligations to the Executive, other than those obligations accrued or earned and vested (if applicable) by the Executive as of the Date of Termination, including for payment of this purpose, all Accrued Obligations and the timely payment or provision of Other BenefitsObligations. All such Accrued Obligations shall be paid to the Executive in a lump sum in cash within 30 days of the Date of Termination.. Anything in this Agreement to the contrary notwithstanding, the Executive shall be entitled after the Disability

Appears in 1 contract

Samples: Employment Agreement (Us Airways Inc)

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