Common use of Termination by Death or Disability Clause in Contracts

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s employment shall terminate on the date of death or total disability. In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for unpaid Base Salary, accrued but unpaid bonus and benefits (then owed or accrued and owed in the future), a pro-rata bonus for the year of termination based on the Executive’s target bonus for such year and the portion of such year in which the Executive was employed, and reimbursement of expenses pursuant to the terms hereon through the effective date of termination, each of which shall be paid within 10 days following the date of the Executive’s termination, and any unvested portion of any Equity Grants shall immediately be forfeited as of the termination date without any further action of the Parties.

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s employment shall terminate on the date of death or total disability. In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for unpaid Base Salary, accrued but unpaid bonus Bonus and benefits (then owed or accrued and owed in the future), a pro-rata bonus Bonus for the year of termination based on the Executive’s target bonus Bonus for such year and the portion of such year in which the Executive was employed, and reimbursement of expenses pursuant to the terms hereon Section 2(d) through the effective date of termination, each of which shall be paid within 10 days following the date of the Executive’s termination, and any unvested portion of any Equity Stock Grants shall immediately be forfeited as of the termination date without any further action of the Parties.

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s employment shall terminate on the date of death or total disability. In the event thee vent of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for unpaid Base Salary, accrued but unpaid bonus Bonus and benefits (then owed or accrued and owed in the future), ,a pro-rata bonus Bonus for the year of termination based on the Executive’s target bonus Bonus for such year and the portion of such year in which the Executive was employed, and reimbursement of expenses pursuant to the terms hereon Section 2(d) through the effective date of termination, each of which shall be paid within 10 days following the date of the Executive’s termination, and any unvested portion of any Equity Stock Grants shall immediately be forfeited as of the termination date without any further action of the Parties.

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s employment shall terminate on the date of death or total disability. In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for unpaid Base Salary, accrued but unpaid bonus Bonus and benefits (then owed or accrued and owed in the future), a pro-rata bonus Bonus for the year of termination based on the Executive’s target bonus Bonus for such year and the portion of such year in which the Executive was employed, and reimbursement of expenses pursuant to the terms hereon Section 2(e) through the effective date of termination, each of which shall be paid within 10 days following the date of the Executive’s termination, and any unvested portion of any Equity Stock Grants shall immediately be forfeited as of the termination date without any further action of the Parties.