Common use of Due to Death or Disability Clause in Contracts

Due to Death or Disability. If: (i) the Executive’s employment terminates due to his death; or (ii) the Company terminates the Executive’s employment with the Company due to the Executive’s Disability (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives (as appropriate), shall be entitled to receive a lump sum payment in an amount equal twenty-five percent (25%) of the Executive’s Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 8 contracts

Samples: Employment Agreement (Safeway Stores 42, Inc.), Employment Agreement (Safeway Stores 42, Inc.), Employment Agreement (Safeway Stores 42, Inc.)

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Due to Death or Disability. IfIf either: (ia) the Executive’s employment terminates due to his the Executive’s death; or (iib) the Company terminates the Executive’s employment with the Company due to the Executive’s Disability “Disability” (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives beneficiaries (as appropriatein the case of the Executive’s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal twenty-five percent (25%) of the Executive’s then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 8 contracts

Samples: Employment Agreement (Albertsons Companies, Inc.), Employment Agreement (Albertsons Companies, Inc.), Employment Agreement (Albertsons Companies, Inc.)

Due to Death or Disability. IfIf either: (ia) the Executive’s employment terminates due to his the Executive’s death; or (iib) the Company terminates the Executive’s employment with the Company due to the Executive’s Disability “Disability” (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives beneficiaries (as appropriatein the case of the Executive’s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal to twenty-five percent (25%) of the Executive’s then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 2 contracts

Samples: Employment Agreement (Albertsons Companies, Inc.), Employment Agreement (Albertsons Companies, Inc.)

Due to Death or Disability. If: If either: (ia) the Executive’s 's employment terminates due to his the Executive's death; or (iib) the Company terminates the Executive’s 's employment with the Company due to the Executive’s Disability 's "Disability" (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives 's beneficiaries (as appropriatein the case of the Executive's death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal to twenty-five percent (25%) of the Executive’s 's then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 1 contract

Samples: Employment Agreement (Albertsons Companies, Inc.)

Due to Death or Disability. If: If either: (ia) the Executive’s 's employment terminates due to his the Executive's death; or (iib) the Company terminates the Executive’s 's employment with the Company due to the Executive’s Disability 's "Disability" (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives 's beneficiaries (as appropriatein the case of the Executive' s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal twenty-five percent to (25%) of the Executive’s 's then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 1 contract

Samples: Employment Agreement (Albertsons Companies, Inc.)

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Due to Death or Disability. If: If either: (ia) the Executive’s 's employment terminates due to his the Executive's death; or (iib) the Company terminates the Executive’s 's employment with the Company due to the Executive’s Disability ' s "Disability" (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives 's beneficiaries (as appropriatein the case of the Executive' s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal twenty-five percent to (25%) of the Executive’s 's then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 1 contract

Samples: Employment Agreement (Albertsons Companies, Inc.)

Due to Death or Disability. If: If either: (ia) the Executive’s employment terminates due to his the Executive’s death; or (iib) the Company terminates the Executive’s employment with the Company due to the Executive’s Disability “Disability” (as defined below), in addition to the payments upon termination specified in Section 5.1, above, the Executive or the Executive’s legal representatives beneficiaries (as appropriatein the case of the Executive’s death), shall be entitled to receive (i) the Accrued Benefits and (ii) subject to Section 5.4, a lump sum payment in an amount equal twenty-five percent (25%) of the Executive’s then Base Salary, less standard income and payroll tax withholding and other authorized deductions.

Appears in 1 contract

Samples: Employment Agreement (Albertsons Companies, Inc.)

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