Permanent Disability; Death. In the event Xx. Xxxxxxxxxx is unable to complete the term of this Agreement due to disability as defined in section 409A of the Internal Revenue Code, he shall be entitled to receive the amounts payable under the university’s short term disability policy and continue to receive his base salary until his long term policy begins payment, not to exceed 90 days. In the event of Xx. Xxxxxxxxxx'x death during his service as President, his spouse shall be entitled to remain in the University-owned residence for up to ninety (90) days after Xx. Xxxxxxxxxx'x death. The Board, in its sole discretion, may extend this ninety (90) day period.
Appears in 4 contracts
Samples: Employment Agreement, Employment Agreement, Employment Agreement
