Common use of month period Clause in Contracts

month period. If the Employer terminates the Employee after it is determined that the Employee is disabled, the Employer shall pay the Employee the compensation accrued through the date of the Employee's termination of employment, including the bonus payable with respect to the prior calendar year if the termination occurs prior to payment of such bonus (provided, however, that the Employee's Base Bonus or Annual Bonus payable with respect to the calendar year in which such termination occurs (with such Annual Bonus calculated based on the bonus(es) payable to the Employee with respect to the immediately preceding year) shall be payable on a pro rata basis to the date of the Employee's termination). In the event of a dispute regarding the Employee's disability, each party shall choose a physician who together will choose a third physician to make a final determination. The Employee shall be entitled to the compensation and benefits provided for under this Agreement for any period during the term of this Agreement and prior to the establishment of the Employee's disability. Notwithstanding anything contained in this Agreement to the contrary, until the date specified in a notice of termination relating to the Employee's disability, the Employee shall be entitled to return to his position with the Employer as set forth in this Agreement, in which event no disability of the Employee will be deemed to have occurred.

Appears in 3 contracts

Samples: Employment Agreement (Cga Group LTD), Employment Agreement (Cga Group LTD), Employment Agreement (Cga Group LTD)

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month period. If the Employer terminates the Employee after it is determined that the Employee is disabled, the Employer shall pay the Employee the compensation accrued through the date of the Employee's termination of employment, employment including the bonus payable with respect to the prior calendar year if the termination occurs prior to payment of such bonus (provided, however, that the Employee's Base Bonus or Annual Bonus payable with respect to the calendar year in which such termination occurs (with such Annual Bonus calculated based on the bonus(es) payable to the Employee with respect to the immediately preceding year) shall be payable on a pro rata basis to the date of the Employee's termination). In the event of a dispute regarding the Employee's disability, each party shall choose a physician who together will choose a third physician to make a final determination. The Employee shall be entitled to the compensation and benefits provided for under this Agreement for any period during the term of this Agreement and prior to the establishment of the Employee's disability. Notwithstanding anything contained in this Agreement to the contrary, until the date specified in a notice of termination relating to the Employee's disability, the Employee shall be entitled to return to his position with the Employer as set forth in this Agreement, in which event no disability of the Employee will be deemed to have occurred. In the event of a termination of the Employee under this paragraph Employer shall pay all expenses related to the relocation of Employee and Employee's family to the U.S. location of Employee's choice, including packing and shipping Employee's household effects, furniture and personal belongings.

Appears in 3 contracts

Samples: Employment Agreement (Cga Group LTD), Employment Agreement (Cga Group LTD), Employment Agreement (Cga Group LTD)

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