Common use of Termination as a Result of Death or Disability Clause in Contracts

Termination as a Result of Death or Disability. Upon termination of the Employee’s employment by the Company as a result of death or Disability, the Company shall pay to the Employee the following: (1) any unpaid base salary the Employee has earned through the date of termination, (2) any unpaid annual bonus that the Employee has earned with respect to a year ending prior to such termination, and (3) 12 months of the Employee’s then current base salary paid on the Company’s normal payroll dates, less in the case of termination as a result of Disability any amounts paid to Employee as a result of disability insurance policies maintained by the Company.