Common use of Effect of Death or Disability Clause in Contracts

Effect of Death or Disability. 6.01 In the event of the death of the Executive during the Period of Employment, the legal representative of the Executive shall be entitled to the compensation provided for in paragraph 4.01 during the balance of the Period of Employment. The Period of Employment shall be deemed to have ended as of the close of business on the last day of the twelfth month following the month in which death shall have occurred but without prejudice to any other payments due in respect of the Executive's death hereunder or pursuant to any other agreements or arrangements with the Company.

Appears in 12 contracts

Samples: Executive Employment Agreement (Frontier Oil Corp /New/), Executive Employment Agreement (Frontier Oil Corp /New/), Executive Employment Agreement (Frontier Oil Corp /New/)

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Effect of Death or Disability. 6.01 In the event of the death of the Executive during the Period of Employment, the legal representative of the Executive shall be entitled to the compensation provided for in paragraph 4.01 during the balance of the Period of Employment. The Period of Employment shall be deemed to have ended as of the close of business on the last day of the twelfth month following 3.01 above for the month in which death occurred. (a) The term "Disability" as used in this Agreement shall have occurred but without prejudice to any other payments due in respect mean an illness or accident occurring during the Period of Employment which prevents the Executive's death hereunder or pursuant to any other agreements or arrangements with the CompanyExecutive from performing his duties under this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Modine Manufacturing Co), Employment Agreement (Modine Manufacturing Co)

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Effect of Death or Disability. 6.01 In the event of the death of the Executive during the Period of Employment, the legal representative of the Executive shall be entitled to the compensation provided for in paragraph 4.01 during the balance of the Period of Employment. The Period of Employment shall be deemed to have ended as of the close of business on the last day of the twelfth month following 3.01 above for the month in which death occurred. 6.02 (a) The term “Disability” as used in this Agreement shall have occurred but without prejudice to any other payments due in respect mean an illness or accident occurring during the Period of Employment which prevents the Executive's death hereunder or pursuant to any other agreements or arrangements with the CompanyExecutive from performing his duties under this Agreement.

Appears in 1 contract

Samples: Employment Agreement (Modine Manufacturing Co)

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