Common use of Effect of Termination upon Death or Disability Clause in Contracts

Effect of Termination upon Death or Disability. If the Executive’s employment is terminated by reason of his death or disability (which term shall mean the legal determination that the Executive is unable to perform his duties without reasonable accommodation), he will be entitled to receive a lump sum payment equal to two times of his Base Salary, and other benefits earned and accrued prior to the date of termination.

Appears in 15 contracts

Samples: Employment Agreement (Sino-Global Shipping America, Ltd.), Employment Agreement (Sino-Global Shipping America, Ltd.), Employment Agreement (Sino-Global Shipping America, Ltd.)

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Effect of Termination upon Death or Disability. If the Executive’s employment is terminated by reason of his her death or disability (which term shall mean the legal determination that the Executive is unable to perform his her duties without reasonable accommodation), he she will be entitled to receive a lump sum payment equal to two times of his her Base Salary, and other benefits earned and accrued prior to the date of termination.

Appears in 5 contracts

Samples: Employment Agreement (Singularity Future Technology Ltd.), Employment Agreement (Sino-Global Shipping America, Ltd.), Employment Agreement (Sino-Global Shipping America, Ltd.)

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Effect of Termination upon Death or Disability. If the Executive’s employment is terminated by reason of his her death or disability (which term shall mean the legal determination that the Executive is unable to perform his her duties without reasonable accommodation), he will be entitled to receive a lump sum payment equal to two times of his her Base Salary, and other benefits earned and accrued prior to the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Sino-Global Shipping America, Ltd.)

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