Common use of Salary Continuation During Permanent Disability Clause in Contracts

Salary Continuation During Permanent Disability. If Executive for any reason whatsoever becomes permanently disabled so that Executive is unable to perform the duties prescribed herein, Company agrees to pay Executive One Hundred (100%) percent of Executive's annual salary, payable in the same manner as provided for the payment of salary herein, for the next Five (5) fiscal years or the remainder of the employment term provided for herein whichever is shorter.

Appears in 6 contracts

Samples: Employment Agreement (Resourcing Solutions Group Inc), Employment Agreement (Homeland Integrated Security Systems, Inc.), Employment Agreement (Homeland Integrated Security Systems, Inc.)

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Salary Continuation During Permanent Disability. If Executive for any reason whatsoever becomes permanently disabled so that Executive is unable to perform the duties prescribed herein, Company agrees to pay Executive One Hundred (100%) percent of Executive's annual salary, payable in the same manner as provided for the payment of salary herein, for the next Five (5) fiscal years or the remainder of the employment term provided for herein whichever is shorterherein.

Appears in 4 contracts

Samples: Employment Agreement (Roadships Holdings, Inc.), Employment Agreement (Roadships Holdings, Inc.), Employment Agreement (Roadships Holdings, Inc.)

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