Termination by Death or Disability. If Employee incurs a "separation from service" (as defined below) as a result of his or her death or Disability, the Company will be obligated to pay the Accrued Obligations to Employee, Employee's estate or beneficiaries (as the case may be) on the date of such separation from service or as soon as administratively practicable thereafter, but in no event later than sixty (60) days after the date of such separation from service. In the event of such separation from service due to Employee's death or Disability, Employee or Employee's estate or beneficiaries, as the case may be, will also be entitled to the accelerated vesting of Employee's equity awards as set forth in Section 4(c) above. The provisions of this Section 7(c) will not affect or change the rights or benefits to which Employee is otherwise entitled under the Company's employee benefit plans or otherwise.
Appears in 8 contracts
Samples: Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.)
Termination by Death or Disability. If Employee incurs a "“separation from service" ” (as defined below) as a result of his or her death or Disability, the Company will be obligated to pay the Accrued Obligations to Employee, Employee's ’s estate or beneficiaries (as the case may be) on the date of such separation from service or as soon as administratively practicable thereafter, but in no event later than sixty (60) days after the date of such separation from service. In the event of such separation from service due to Employee's ’s death or Disability, Employee or Employee's ’s estate or beneficiaries, as the case may be, will also be entitled to the accelerated vesting of Employee's ’s equity awards as set forth in Section 4(c) above. The provisions of this Section 7(c) will not affect or change the rights or benefits to which Employee is otherwise entitled under the Company's ’s employee benefit plans or otherwise.
Appears in 7 contracts
Samples: Employment Agreement (United Online Inc), Employment Agreement (United Online Inc), Employment Agreement (United Online Inc)
Termination by Death or Disability. If Employee incurs a "“separation from service" ” (as defined below) as a result of his or her death or Disability, the Company will be obligated to pay the Accrued Obligations to Employee, Employee's ’s estate or beneficiaries (as the case may be) on the date of such separation from service or as soon as administratively practicable thereafter, but in no event later than sixty (60) days after the date of such separation from service. In the event of such separation from service due to Employee's ’s death or Disability, Employee or Employee's ’s estate or beneficiaries, as the case may be, will also be entitled to the accelerated vesting of Employee's ’s equity awards as set forth in Section 4(c) above. The provisions of this Section 7(c) will not affect or change the rights or benefits to which Employee is otherwise entitled under the Company's ’s employee benefit plans or otherwise.
Appears in 7 contracts
Samples: Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.), Employment Agreement (FTD Companies, Inc.)
Termination by Death or Disability. If Employee incurs a "separation from service" (as defined below) as a result of his or her death or Disability, the Company will be obligated to pay the Accrued Obligations to Employee, Employee's estate or beneficiaries (as the case may be) on the date of such separation from service or as soon as administratively practicable thereafter, but in no event later than sixty (60) days after the date of such separation from service. In the event of such separation from service due to Employee's death or Disability, Employee or Employee's estate or beneficiaries, as the case may be, will also be entitled to the accelerated vesting of Employee's equity awards as set forth in Section 4(c) above. The provisions of this 7 Section 7(c) will not affect or change the rights or benefits to which Employee is otherwise entitled under the Company's employee benefit plans or otherwise.. (d)
Appears in 1 contract
Samples: Employment Agreement
Termination by Death or Disability. If Employee incurs a "“separation from service" ” (as defined below) as a result of his or her death or Disability, the Company will be obligated to pay the Accrued Obligations to Employee, Employee's ’s estate or beneficiaries (as the case may be) on the date of such separation from service or as soon as administratively practicable thereafter, but in no event later than sixty (60) days after the date of such separation from service. In the event of such separation from service due to Employee's ’s death or Disability, Employee or Employee's ’s estate or beneficiaries, as the case may be, will also be entitled to the accelerated vesting of Employee's ’s equity awards as set forth in Section 4(c4(d) above. The provisions of this Section 7(c) will not affect or change the rights or benefits to which Employee is otherwise entitled under the Company's ’s employee benefit plans or otherwise.
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