Common use of Payment During Disability Clause in Contracts

Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company shall continue to pay Executive his benefit including salary pursuant to this Agreement for the twelve (12) month period immediately subsequent to the date of determination of Total Disability.

Appears in 3 contracts

Samples: Employment Agreement (Madden Steven LTD), Employment Agreement (Madden Steven LTD), Employment Agreement (Steven Madden, Ltd.)

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Payment During Disability. In the event Executive is unable to perform Perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company Corporation shall continue to pay Executive his benefit including salary Base Salary pursuant to this Agreement Section 4.1 during the continuance of any such disability. Upon a determination of any Total Disability pursuant to the provisions of Section 6.1 above, the Corporation shall pay to Executive his Base Salary Pursuant to Section 4.1 for the twelve (12) month period immediately subsequent to the date of determination of Total Disability.

Appears in 2 contracts

Samples: Employment Agreement (Critical Home Care Inc), Employment Agreement (Critical Home Care Inc)

Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such which disability is deemed by a does not constitute Total Disability in accordance with the provisions of Section 6.1 aboveDisability, the Company Corporation shall continue to pay Executive his benefit including salary pursuant Salary during the continuance of such disability. To the extent any Proceeds from a disability insurance policy owned by the Corporation are paid to Executive or his designee, the Corporation shall receive a credit against its obligations under this Agreement for the twelve (12) month period immediately subsequent Section 6.2 in an amount equal to the date of determination of Total DisabilityProceeds.

Appears in 2 contracts

Samples: Employment Agreement (Hi Tech Pharmacal Co Inc), Employment Agreement (Hi Tech Pharmacal Co Inc)

Payment During Disability. In the event the Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company shall continue to pay the Executive his benefit benefits including salary pursuant to this Agreement during the continuance of any such disability. Upon a determination of any Total Disability pursuant to the provisions of Section 6.1 above, the Company shall pay to the Executive his Base Salary pursuant to this Agreement for the twelve (12) -month period immediately subsequent to the date of determination of Total Disability.

Appears in 1 contract

Samples: Employment Agreement (Steven Madden, Ltd.)

Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company Corporation shall continue to pay Executive his benefit including salary Base Salary pursuant to this Agreement Section 4.1 during the continuance of any such disability. Upon a determination of any Total Disability pursuant to the provisions of Section 6.1 above, the Corporation shall pay to Executive his Base Salary pursuant to Section 4.1 for the twelve (12) month period immediately subsequent to the date of determination of Total Disability.

Appears in 1 contract

Samples: Employment Agreement (Madden Steven LTD)

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Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company Corporation shall continue to pay Executive his benefit including salary appropriate Base Salary pursuant to this Agreement Section 4.1 during the continuance of any such disability. Upon a determination of any Total Disability pursuant to the provisions of Section 6.1 above, Corporation shall pay to Executive his appropriate Base Salary pursuant to Section 4.1 for the twelve (12) month period immediately subsequent to the date of determination of Total Disability.

Appears in 1 contract

Samples: Employment Agreement (Madden Steven LTD)

Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such which disability is deemed by a does not constitute Total Disability in accordance with the provisions of Section 6.1 aboveDisability, the Company Corporation shall continue to pay Executive his benefit including salary pursuant Salary during the continuance of such disability. To the extent any proceeds from a disability insurance policy owned by the Corporation are paid to Executive or his designee, the Corporation shall receive a credit against its obligations under this Agreement for the twelve (12) month period immediately subsequent Section 6.2 in an amount equal to the date of determination of Total Disabilityproceeds.

Appears in 1 contract

Samples: Employment Agreement (Hi Tech Pharmacal Co Inc)

Payment During Disability. In the event Executive is unable to perform his duties hereunder by reason of a disability, prior to the time such disability is deemed by a Total Disability in accordance with the provisions of Section 6.1 above, the Company Corporation shall continue to pay Executive his benefit including salary Base Salary pursuant to this Agreement for Section 4.1 during the twelve (12) month period immediately subsequent to the date continuance of determination of Total Disabilityany such disability.

Appears in 1 contract

Samples: Employment Agreement (Madden Steven LTD)

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