Payment During Absence on Medical Grounds Sample Clauses

Payment During Absence on Medical Grounds. (a) Where the Executive is at any time incapacitated from performing his duties for a period in excess of six months, where such incapacity is due to illness, injury, accident or any other circumstance, the Company may discontinue payment in whole or in part of the Executive's salary until such time as the incapacity shall cease or the Executive's employment is terminated in accordance with the terms of this Agreement.
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Payment During Absence on Medical Grounds 

Related to Payment During Absence on Medical Grounds

  • Default Not Exceeding 10% of Firm Units If any Underwriter or Underwriters shall default in its or their obligations to purchase the Firm Units and if the number of the Firm Units with respect to which such default relates does not exceed in the aggregate 10% of the number of Firm Units that all Underwriters have agreed to purchase hereunder, then such Firm Units to which the default relates shall be purchased by the non-defaulting Underwriters in proportion to their respective commitments hereunder.

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