Common use of Early Termination of the Employment Period Clause in Contracts

Early Termination of the Employment Period. Executive's employment under this Agreement may be terminated in any of the following manners: i. Executive may, upon two weeks' prior written notice to the Company, voluntarily terminate employment with the Company at any time at the sole discretion of Executive; ii. This Agreement shall terminate automatically upon Executive's death; iii. The Company may, upon written notice to Executive, terminate this Agreement upon Executive's Disability. As used herein, the term "Disability" shall mean a determination that Executive suffers from illness or other physical or mental impairment that prevents Executive from substantially performing his duties for a period of 90 days during any six-month period during the Employment Period or for 180 days during any 12-month period during the Employment Period. The determination of whether (and, if appropriate, when) a Disability has occurred shall be made by a majority of the Board of Directors of the Company (excluding the Senior Executives that are directors of the Company);

Appears in 4 contracts

Samples: Employment Agreement (Telecorp PCS Inc /Va/), Employment Agreement (Telecorp Communications Inc), Employment Agreement (Telecorp PCS Inc /Va/)

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Early Termination of the Employment Period. Executive's employment ------------------------------------------ under this Agreement may be terminated in any of the following manners: i. Executive may, upon two weeks' prior written notice to the Company, voluntarily terminate employment with the Company at any time at the sole discretion of Executive; ii. This Agreement shall terminate automatically upon Executive's death; iii. The Company may, upon written notice to Executive, terminate this Agreement upon Executive's Disability. As used herein, the term "Disability" shall mean a determination that Executive suffers from illness or other physical or mental impairment that prevents Executive from substantially performing his duties for a period of 90 days during any six-month period during the Employment Period or for 180 days during any 12-month period during the Employment Period. The determination of whether (and, if appropriate, when) a Disability has occurred shall be made by a majority of the Board of Directors of the Company (excluding the Senior Executives that are directors of the Company);

Appears in 1 contract

Samples: Employment Agreement (Telecorp Tritel Holding Co)

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Early Termination of the Employment Period. Executive's employment ------------------------------------------ under this Agreement may be terminated in any of the following manners: i. Executive may, upon two weeks' prior written notice to the Company, voluntarily terminate employment with the Company at any time at the sole discretion of Executive; ii. This Agreement shall terminate automatically upon Executive's death; iii. The Company may, upon written notice to Executive, terminate this Agreement upon Executive's Disability. As used herein, the term "Disability" shall mean a determination that Executive suffers from illness or other physical or mental impairment that prevents Executive from substantially performing his duties for a period of 90 days during any six-month period during the Employment Period or for 180 days during any 12-12- month period during the Employment Period. The determination of whether (and, if appropriate, when) a Disability has occurred shall be made by a majority of the Board of Directors of the Company (excluding the Senior Executives that are directors of the Company);

Appears in 1 contract

Samples: Employment Agreement (Telecorp Tritel Holding Co)

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