Common use of Termination by Employer Upon Employee’s Disability Clause in Contracts

Termination by Employer Upon Employee’s Disability. The Employer may terminate this Agreement and Employee’s employment upon a determination of Disability (as defined below), such termination to be effective immediately upon written notice to Employee. The term “Disability” means Employee’s inability to perform his usual services to the Employer because of mental or physical illness or injury for the consecutive days as defined in the Employer’s disability policy then in effect, which inability to perform will be determined by a physician reasonably selected by the Employer.

Appears in 7 contracts

Samples: Executive Employment Agreement (Prosperity Bancshares Inc), Executive Employment Agreement (LegacyTexas Financial Group, Inc.), Executive Employment Agreement (Prosperity Bancshares Inc)

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Termination by Employer Upon Employee’s Disability. The Employer may terminate this Agreement and Employee’s employment upon a determination of Disability (as defined below), such termination to be effective immediately upon written notice to Employee. The term “Disability” means Employee’s inability to perform his usual services to the Employer because of mental or physical illness or injury for the consecutive days as defined in the Employer’s disability policy then in effect, which inability to perform will be determined by a physician reasonably selected by the Employer.

Appears in 1 contract

Samples: Employment Agreement (Allegiance Bancshares, Inc.)

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Termination by Employer Upon Employee’s Disability. The Employer may terminate this Agreement and Employee’s 's employment upon a determination of Disability (as defined below), such termination to be effective immediately upon written notice to Employee. The term “Disability” means Employee’s 's inability to perform his usual services to the Employer because of mental or physical illness or injury for the consecutive days as defined in the Employer’s disability policy then in effect, which inability to perform will be determined by a physician reasonably selected by the Employer.

Appears in 1 contract

Samples: Employment Agreement (Prosperity Bancshares Inc)

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