Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve (12) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained hereunder at such date had the Executive’s death or Permanent Disability not occurred, the Company shall continue to pay to the Executive (or his estate) the Executive’s then effective Base Salary, as determined under Section 5(a), and provide to the Executive (or to his family members covered under his family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 6 contracts
Samples: Executive Employment Agreement (Dnaprint Genomics Inc), Executive Employment Agreement (Dnaprint Genomics Inc), Executive Employment Agreement (Dnaprint Genomics Inc)
Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve (12) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained hereunder at such date had the Executive’s death or Permanent Disability disability not occurred, the Company shall continue to pay to the Executive (or his estate) the Executive’s then effective Base Salaryper annum rate of salary, as determined under Section 5(aParagraph 4(a), and provide to the Executive (or to his family members covered under his family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 5 contracts
Samples: Employment Agreement (Cardinal Energy Group, Inc.), Employment Agreement (OncBioMune Pharmaceuticals, Inc), Employment Agreement (OncBioMune Pharmaceuticals, Inc)
Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve (12) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained remaining hereunder at such date had the Executive’s death or Permanent Disability not occurred(but in no event less than six (6) months), the Company shall continue to pay to the Executive (or his estate) the Executive’s then effective Base Salaryper annum rate of salary, as determined under Section 5(aParagraph 3(a), and provide to the Executive (or to his family members covered under his family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 4 contracts
Samples: Employment Agreement (Ablest Inc), Employment Agreement (Ablest Inc), Employment Agreement (Ablest Inc)
Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve (12) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained hereunder at such date had the Executive’s death or Permanent Disability not occurred, the Company shall continue to pay to the Executive (or his estate) the Executive’s then effective Base Salaryper annum rate of salary, as determined under Section 5(aParagraph 4(a), and provide to the Executive (or to his family members covered under his family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 2 contracts
Samples: Employment Agreement (Ablest Inc), Employment Agreement (Ablest Inc)
Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve three (1203) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained hereunder at such date had the Executive’s death or Permanent Disability disability not occurred, the Company shall continue to pay to the Executive (or his her estate) the Executive’s then effective Base Salaryper annum rate of salary, as determined under Section 5(aParagraph 4(a), and provide to the Executive (or to his her family members covered under his her family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 1 contract
Payment in the Event of Death or Disability. (a) In the event of the Executive’s death or Permanent Disability during the term of this Agreement, for a period equal to the lesser of (i) twelve (12) months following the date of such death or Permanent Disability or (ii) the balance of the term that would have remained hereunder at such date had the Executive’s death or Permanent Disability not occurred, the Company shall continue to pay to the Executive (or his her estate) the Executive’s then effective Base Salary, as determined under Section 5(a), and provide to the Executive (or to his her family members covered under his her family medical coverage) the same family medical coverage as provided to the Executive on the date of such death or Disability.
Appears in 1 contract
Samples: Executive Employment Agreement (Dnaprint Genomics Inc)