Common use of Termination by Reason of Disability Clause in Contracts

Termination by Reason of Disability. Subject to applicable state and federal law, the Company may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company terminates Executive’s employment for Disability, Executive will not receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed Payments.

Appears in 3 contracts

Samples: Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc)

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Termination by Reason of Disability. Subject to applicable state and federal law, the Company may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 3.4 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company terminates Executive’s employment for Disability, Executive will not receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed Payments.

Appears in 3 contracts

Samples: Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc), Executive Employment Agreement (Immunomedics Inc)

Termination by Reason of Disability. Subject to applicable state and federal law, the Company Employer may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company Employer terminates Executive’s employment for Disability, Executive will not receive the Severance, the Change of Control Severance or any other severance further compensation or benefits, except that the Company Employer shall pay to Executive the Guaranteed Payments.

Appears in 2 contracts

Samples: Executive Employment Agreement (CareMax, Inc.), Executive Employment Agreement (CareMax, Inc.)

Termination by Reason of Disability. Subject to applicable state and federal law, the Company may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 3.2 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company terminates Executive’s employment for Disability, Executive will not shall be entitled to receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed PaymentsPayments as set forth in Section 3.1(b).

Appears in 2 contracts

Samples: Executive Employment Agreement (VERRA MOBILITY Corp), Executive Employment Agreement (VERRA MOBILITY Corp)

Termination by Reason of Disability. Subject to applicable state and federal law, the Company may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 3.2 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company terminates Executive’s employment for Disability, Executive will not shall be entitled to receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed Payments.Payments as set forth in Section 3.1(b). _______ Executive’s Initials

Appears in 1 contract

Samples: Executive Employment Agreement (VERRA MOBILITY Corp)

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Termination by Reason of Disability. Subject to applicable state and federal law, the Company may terminate Executive’s 's employment if Executive has been unable to perform the material duties of Executive’s 's position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness ("Disability"). Executive agrees, in the event of a dispute under this Section 3.3 3.4 relating to Executive’s 's Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company terminates Executive’s 's employment for Disability, Executive will not receive the Severance, the Change of Control Severance or any other severance compensation or benefits, except that the Company shall pay to Executive the Guaranteed Payments.

Appears in 1 contract

Samples: Executive Employment Agreement (Immunomedics Inc)

Termination by Reason of Disability. Subject to applicable state and federal law, the Company Employer may terminate Executive’s employment if Executive has been unable to perform the material duties of Executive’s position for a period of ninety (90) consecutive days or one hundred eighty (180) days in the aggregate during any twelve (12) month period because of physical or mental injury or illness (“Disability”). Executive agrees, in the event of a dispute under this Section 3.3 3.2 relating to Executive’s Disability, to submit to a physical examination by a licensed physician jointly selected by the Board and Executive. If the Company Employer terminates Executive’s employment for Disability, Executive will not receive the Severance, the Change of Control Severance or any other severance further compensation or benefits, except that the Company Employer shall pay to Executive the Guaranteed Payments.

Appears in 1 contract

Samples: Executive Employment Agreement (CareMax, Inc.)

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