Common use of Partial or Total Disability Clause in Contracts

Partial or Total Disability. In the event that the Employee is --------------------------- unable to perform his duties and responsibilities hereunder to the full extent required hereunder by reason of illness, injury or incapacity for six consecutive months (herein defined as a "Disability") (during which time, if during the Employment Term, he shall be entitled to receive payments of the difference between the Employee's Base Salary and incentive compensation during such time, or portion thereof, and the payments to which the Employee is entitled pursuant to any applicable disability insurance policy (less withholding required by law), each such payment calculated and payable at the times corresponding to what would have been the Employee's regular pay dates during such time), the Employment Term may be terminated by the Company and the Company shall have no further liability or obligation hereunder to the Employee except for unpaid salary, incentive compensation and benefits accrued through the date of termination. The Employee agrees, in the event of any dispute under this Section 10.02, to submit to a physical examination by a licensed physician selected by the Company, the cost of such examination to be paid by the Company.

Appears in 4 contracts

Samples: Employment Agreement (Display Technologies Inc), Employment Agreement (Display Technologies Inc), Employment Agreement (La Man Corporation)

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Partial or Total Disability. In the event that the Employee is unable --------------------------- unable to perform his duties and responsibilities hereunder to the full extent required hereunder by reason of illness, injury or incapacity for six consecutive months (herein defined as a "Disability") (during which time, if during the Employment Term, he shall be entitled to receive payments of the difference between the Employee's Base Salary and incentive compensation during such time, or portion thereof, and the payments to which the Employee is entitled pursuant to any applicable disability insurance policy (less withholding required by law), each such payment calculated and payable at the times corresponding to what would have been the Employee's regular pay dates during such time), the Employment Term may be terminated by the Company and the Company shall have no further liability or obligation hereunder to the Employee except for unpaid salary, incentive compensation and benefits accrued through the date of termination. The Employee agrees, in the event of any dispute under this Section 10.02, to submit to a physical examination by a licensed physician selected by the Company, the cost of such examination to be paid by the Company.

Appears in 1 contract

Samples: Employment Agreement (La Man Corporation)

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Partial or Total Disability. In the event that the Employee is --------------------------- unable to perform his duties and responsibilities hereunder to the full extent required hereunder by reason of illness, injury or incapacity for six consecutive months (herein defined as a "Disability") (during which time, if during the Employment Term, he shall be entitled to receive payments of the difference between the Employee's Base Salary and incentive compensation during such time, or portion thereof, and the payments to which the Employee is entitled pursuant to any applicable disability insurance policy (less withholding required by law), each such payment calculated and payable at the times corresponding to what would have been the Employee's regular pay dates during such time), the Employment Term may be terminated by the Company and the Company shall have no further liability or obligation hereunder to the Employee except for unpaid salary, incentive compensation and benefits accrued through the date of termination. The Employee agrees, in the event of any dispute under this Section 10.02, to submit to a physical examination by a licensed physician selected by the Company, the cost of such examination to be paid by the Company.

Appears in 1 contract

Samples: Employment Agreement (Long Terry J)

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