Common use of Resolution of Disagreement Clause in Contracts

Resolution of Disagreement. If either the Company or the Executive, after receipt of notice of the Executive's Permanent Disability from the other, disagrees that the Executive's Permanent Disability shall have occurred, the Executive shall promptly submit to a physical examination by, or under the direction of, the chief of medicine of any major accredited hospital in the Washington, D.C. metropolitan area and, unless such physician (or his designee physician) shall issue a written statement to the effect that, in such physician's opinion, based on such physician's diagnosis, the Executive is capable of resuming his employment and devoting such time and energy as may be reasonably required to the performance of his principal duties hereunder within thirty (30) days after the date of such statement, such Permanent Disability shall be deemed to have occurred on a date determined in accordance with Section 4.1.

Appears in 4 contracts

Samples: Employment Agreement (Criimi Mae Inc), Employment Agreement (Criimi Mae Inc), Employment Agreement (Criimi Mae Inc)

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Resolution of Disagreement. If either the Company or the Executive, after receipt of notice of the Executive's Permanent Disability from the other, disagrees that the Executive's Permanent Disability shall have occurred, the Executive shall promptly submit to a physical examination by, or under the direction of, the chief of medicine of any major accredited hospital in the Washington, D.C. D.C., metropolitan area and, unless such physician (or his designee physician) shall issue a written statement to the effect that, in such physician's opinion, based on such physician's diagnosis, the Executive is capable of resuming his employment and devoting such time and energy as may be reasonably required to the performance of his principal duties hereunder within thirty (30) days after the date of such statement, such Permanent Disability shall be deemed to have occurred on a date determined in accordance with Section 4.1.

Appears in 2 contracts

Samples: Employment & Non Competition Agreement (Criimi Mae Inc), Employment Agreement (Criimi Mae Inc)

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Resolution of Disagreement. If either the Company or the Executive, after receipt of notice of the Executive's Permanent Disability from the other, disagrees that the Executive's Permanent Disability shall have occurred, the Executive shall promptly submit to a physical examination by, or under the direction of, the chief of medicine of any major accredited hospital in the Washington, D.C. metropolitan area and, unless such physician (or his her designee physician) shall issue a written statement to the effect that, in such physician's opinion, based on such physician's diagnosis, the Executive is capable of resuming his her employment and devoting such time and energy as may be reasonably required to the performance of his her principal duties hereunder within thirty (30) days after the date of such statement, such Permanent Disability shall be deemed to have occurred on a date determined in accordance with Section 4.1.

Appears in 1 contract

Samples: Employment Agreement (Criimi Mae Inc)

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