Common use of LTD Disability Clause in Contracts

LTD Disability. For purposes of this Agreement, “LTD Disability” will mean that Executive is “Partially Disabled” or “Total Disabled” within the meaning of the Company’s current long-term disability plan (or such similar term or terms in any long-term disability plan of the Company that replaces its current long-term disability plan) and has satisfied the elimination period for benefits eligibility under such plan.

Appears in 4 contracts

Samples: Agreement (Cree Inc), Executive Change in Control Agreement (Cree Inc), Executive Change in Control Agreement (Cree Inc)

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LTD Disability. For purposes of this Agreement, “LTD Disability” will mean that Executive is “Partially Disabled” or “Total Disabled” within the meaning of the Company’s 's current long-term disability plan (or such similar term or terms in any long-term disability plan of the Company that replaces its current long-term disability plan) and has satisfied the elimination period for benefits eligibility under such plan.

Appears in 2 contracts

Samples: Control Agreement (Cree Inc), Agreement (Cree Inc)

LTD Disability. For purposes of this Revised Agreement, “LTD Disability” will mean that the Executive is “Partially Disabled” or “Total Disabled” within the meaning of the Company’s current long-term disability plan (or such similar term or terms in any long-term disability plan of the Company that replaces its current long-term disability plan) and has satisfied the elimination period for benefits eligibility under such plan.

Appears in 1 contract

Samples: Charles Swoboda Employment Agreement (Cree Inc)

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LTD Disability. For purposes of this Agreement, “LTD Disability” will mean that Executive is “Partially Disabled” or “Total Totally Disabled” within the meaning of the Company’s current long-term disability plan (or such similar term or terms in any long-term disability plan of the Company that replaces its current long-term disability plan) and has satisfied the elimination period for benefits eligibility under such plan.

Appears in 1 contract

Samples: Control Agreement (Cree Inc)

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