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

Effect of Termination upon Death or Disability. In the event Employee’s employment is terminated due to Employee’s death or disability, then: (i) The Company shall pay Employee’s accrued but unpaid Annual Salary and vacation time through the effective date of the termination; (ii) The Company shall continue to pay to heirs or assigns the Production Bonus for long as the Company sells the Male Pro-Health Product, as well as any other production bonus agreed to between the Parties with respect to any other products; (iii) The Company shall reimburse Employee or his heirs for any business expenses incurred prior to the effective date of the termination; (iv) All of the shares of Common Stock granted pursuant to Section 3(d) shall automatically vest and be free from any restrictions imposed by this Agreement; and (v) Employee (including Employee’s heirs) shall be entitled to continue to participate in any employee benefit plans to the extent provided in such plans for terminated participants, or as may be required by applicable law.

Effect of Termination upon Death or Disability. In the event Employee’s employment is terminated due to Employee’s death or disability, then: (i) The Company shall pay Employee’s accrued but unpaid Annual Salary and vacation time through the effective date of the termination;. (ii) The Company shall continue to pay to heirs or assigns the Production Bonus for long as the Company sells the Male Pro-Health Product, as well as any other production bonus agreed to between the Parties with respect to any other products;. (iii) The Company shall reimburse Employee or his heirs for any business expenses incurred prior to the effective date of the termination;. (iv) All of the shares of Common Stock granted pursuant to Section 3(d) shall automatically vest and be free from any restrictions imposed by this Agreement; and (v) Employee (including Employee’s heirs) shall be entitled to continue to participate in any employee benefit plans to the extent provided in such plans for terminated participants, or as may be required by applicable law.