Common use of Employee's Death or Disability Clause in Contracts

Employee's Death or Disability. In the event of a termination of Employee’s employment with the Company due to death or Disability, as defined below, Employee (or, in the case of Employee’s death, Employee’s beneficiary or if no such person is designated, to Employee’s estate or personal representative) shall be entitled to payment of: (i) all accrued and unpaid base salary and all accrued but unused vacation time for the then-current annual period; (ii) all unreimbursed business expenses incurred through the date of termination; and (iii) a pro-rata portion of any bonus pursuant to Paragraph 3.D. Such benefits are payable in a lump sum within thirty (30) days after the date of Employee’s termination due to death or Disability, or such earlier date as may be required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (NexImmune, Inc.)

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Employee's Death or Disability. In the event of a termination of Employee’s employment with the Company due to death or Disability, as defined below, Employee (or, in the case of Employee’s death, Employee’s beneficiary or if no such person is designated, to Employee’s estate or personal representative) shall be entitled to payment of: (i) all accrued and unpaid base salary and all accrued but unused vacation time for the then-current annual period; (ii) all unreimbursed business expenses incurred through the date of termination; and (iii) a pro-rata portion of any bonus pursuant to Paragraph 3.D. 3.C. Such benefits are payable in a lump sum within thirty (30) days after the date of Employee’s termination due to death or Disabilitydisability, or such earlier date as may be required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (NexImmune, Inc.)

Employee's Death or Disability. In the event of a termination of Employee’s employment with the Company due to death or Disability, as defined below, Employee (or, in the case of Employee’s death, Employee’s beneficiary or if no such person is designated, to Employee’s estate or personal representative) shall be entitled to payment of: (i) all accrued and unpaid base salary and all accrued but unused vacation time for the then-current annual period; (ii) all unreimbursed business expenses incurred through the date of termination; and (iii) a pro-rata portion of any bonus pursuant to Paragraph 3.D. 3.C. Such benefits are payable in a lump sum within thirty (30) days after the date of Employee’s termination due to death or Disability, or such earlier date as may be required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (NexImmune, Inc.)

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Employee's Death or Disability. In the event of a termination of Employee’s employment with the Company due to death or Disability, as defined belowdisability, Employee (or, in the case of Employee’s death, Employee’s beneficiary or if no such person is designated, to Employee’s estate or personal representative) shall be entitled to payment of: (i) all accrued and unpaid base salary and all accrued but unused vacation time for the then-current annual period; (ii) all unreimbursed business expenses incurred through the date of termination; and (iii) a pro-rata portion of any bonus pursuant to Paragraph 3.D. 3.C. Such benefits are payable in a lump sum within thirty (30) days after the date of Employee’s termination due to death or Disabilitytermination, or such earlier date as may be required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (NexImmune, Inc.)

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