Dissociation by Reason of Disability Sample Clauses

Dissociation by Reason of Disability. If any of the Members identified hereinbelow incurs a “disability”, the Commented [CM18]: Members should consider how the LLC will operate if a Member who planned on working for the LLC becomes disabled. Is there a Member whose disability would prevent the LLC from continued business or cause an extreme hardship to the LLC? As a result, the Members should designate any Member’s whose disability may result in dissociation. other Members shall have the option to dissociate such Member if they reasonably determine that the dissociation is in the best interest of the LLC. Members whose disability may result in dissociation: Commented [CM19]: Out of a total of 90 days, how many days of impairment will trigger the right of dissociation? This will differ depending upon the needs of the LLC. 30 days? 60 days? Also consider that this number of days may change as the LLC grows and ages. However, revision of this number will require unanimous consent of all Members regardless of whether the majority rules or unanimous consent model is selected. For purposes of this Agreement, a Member with a disability means any physical or mental impairment incurred by a Member that substantially prevents the Member from performing the Member’s responsibilities to the LLC for a period of out of ninety (90) days. If, because of a disability or otherwise, a Member is unable to exercise the Member’s rights as a Member under this Agreement, the Member or the Member’s legal representative may appoint a proxy to exercise these rights.
Sample 1
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Related to Dissociation by Reason of Disability

  • Definition of Disability For purposes of this Agreement, “Disability” (and any of its forms) means that, for more than six consecutive months, the Executive is unable, with reasonable accommodation, to perform the duties described in Section 4.01 on a full-time basis due to a physical or mental disability or infirmity.

  • Duty Disability (1) For Calendar Year 2018, 2019, and 2020 Depending on the individual's single/family enrollment status, the cost of coverage for individuals receiving a duty disability retirement allowance shall be as provided in subsection 3.a.(1) of this Article, above.

  • Termination by You You may cancel your acceptance of this Contract by delivering notice to XOOM by way of mail, fax, e-mail or by personal delivery, in the following circumstances:

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • Termination by Employee Employee may terminate his employment under this Agreement by 60 days' written notice to the Company.

  • ILLNESS AND DISABILITY 8.0 At the beginning of each school year each teacher shall be credited with ten (10) days of leave, the unused portion of which shall accumulate from year to year to one hundred fifty-five (155) days pro-rated based on the teacher’s regularly scheduled work day/week. The leave days may be taken by a teacher for the following reasons and subject to the following conditions:

  • Termination by Employer (i) Employer may terminate this Agreement upon written notice for Cause. For purposes hereof, "

  • Termination by XOOM We may terminate this Contract, or the applicable portion of this Contract, at our discretion and without penalty immediately upon notice to you if:

  • TERMINATION BY MPS MPS further reserves the right to terminate this Contract at any time for any reason by giving Contractor written notice by Registered or Certified Mail of such termination. MPS will attempt to give Contractor 20 days’ notice, but reserves the right to give immediate notice. In the event of said termination, Contractor shall reduce its activities hereunder, as mutually agreed to, upon receipt of said notice. Upon said termination, Contractor shall be paid for all services rendered through the date of termination, including any retainage. This section also applies should the Milwaukee Board of School Directors fail to appropriate additional monies required for the completion of the Contract.

  • Termination by Participant Participant may terminate the Agreement as follows:

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