Common use of of Executive Clause in Contracts

of Executive. At the time Executive's employment terminates due to Normal Retirement, Approved Early Retirement, or death, the Term will terminate. In the event Executive's employment terminates due to Disability, the Term will terminate at the expiration of the 30-day period referred to in the definition of Disability (set forth in Section 8(c)) absent the actions referred to therein being taken by Executive to return to service and present to the Company a certificate of good health. Upon a termination of Executive's employment due to Normal Retirement, Approved Early Retirement, death, or Disability, all obligations of the Company and Executive under Sections 1 through 5 of this Agreement will immediately cease, provided, however, that subject to the provisions of Section 12(i), the Company will pay Executive (or his beneficiaries or estate), and Executive (or his beneficiaries or estate) will be entitled to receive, the following: