Common use of Term of Employment; Termination Clause in Contracts

Term of Employment; Termination. a. The period during which Executive shall be employed under this Agreement (the "Employment Term") commenced as of May 1, 2000 and shall continue through October 31, 2003, unless the Employment Term shall be sooner terminated as provided herein. b. The Employment Term shall terminate prior to any date otherwise specified in Section 3.a upon i. Executive's death or disability ("disability" shall mean any physical or mental incapacity that prevents Executive in a material respect from performing Executive's duties as herein provided for a continuous period of 90 days or an aggregate period of 150 days during any consecutive twelve-month period, and disability shall be deemed to have occurred as of the end of the applicable period);

Appears in 2 contracts

Samples: Employment Agreement (Booth Creek Ski Holdings Inc), Employment Agreement (Booth Creek Ski Holdings Inc)

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Term of Employment; Termination. a. The period during which Executive shall be employed under this Agreement (the "Employment Term") commenced as of May 1, 2000 and shall continue through October 31, 2003, unless the Employment Term shall be sooner terminated as provided herein. b. The Employment Term shall terminate prior to any date otherwise specified in Section 3.a upon i. Executive's death or disability ("disability" shall mean any physical or mental incapacity that prevents Executive in a material respect from performing Executive's duties for either company as herein provided for a continuous period of 90 days or an aggregate period of 150 days during any consecutive twelve-month period, and disability shall be deemed to have occurred as of the end of the applicable period);

Appears in 2 contracts

Samples: Employment Agreement (Booth Creek Ski Holdings Inc), Employment Agreement (Booth Creek Ski Holdings Inc)

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