Common use of For death and disability Clause in Contracts

For death and disability. The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if: (1) the CFO has died, or (2) the CFO has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the CFO unable to perform the essential functions of his employment with the Company, with or without reasonable accommodation, for more than 120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply. Upon termination for death or disability, the CFO shall be entitled to the amount of base salary earned and not paid prior to termination. However, the CFO will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the CFO’s right to all other benefits will terminate, except as required by any applicable law.

For death and disability. The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if: (1) the CFO has died, or (2) the CFO has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the CFO unable to perform the essential functions of his her employment with the Company, with or without reasonable accommodation, for more than 120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply. Upon termination for death or disability, the CFO shall be entitled to the amount of base salary earned and not paid prior to termination. However, the CFO will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the CFO’s right to all other benefits will terminate, except as required by any applicable law.

For death and disability. The Company may also terminate the Employment, at any time, without notice or remuneration (unless notice or remuneration is specifically required by applicable law, in which case notice or remuneration will be provided in accordance with applicable law), if: (1) the CFO CTO has died, or (2) the CFO CTO has a disability which shall mean a physical or mental impairment which, as reasonably determined by the Board, renders the CFO CTO unable to perform the essential functions of his employment with the Company, with or without reasonable accommodation, for more than 120 days in any 12-month period, unless a longer period is required by applicable law, in which case that longer period would apply. Upon termination for death or disability, the CFO CTO shall be entitled to the amount of base salary earned and not paid prior to termination. However, the CFO CTO will not be entitled to receive payment of any severance benefits or other amounts by reason of the termination, and the CFOCTO’s right to all other benefits will terminate, except as required by any applicable law.