Termination by Reason of Disability. In the event that Executive’s employment terminates during the Employment Period due to his disability as defined in Section 6(a)(ii) above, Executive shall be entitled to receive his earned and accrued but unpaid Base Salary on the Termination Date and Executive shall be entitled to the following payments and benefits in lieu of any further compensation for periods subsequent to the Termination Date, subject to (1) Executive’s execution of the Release Agreement, which Release Agreement the Employer shall execute within five (5) business days after such execution by Executive, and (2) the effectiveness and irrevocability of the Release Agreement with respect to Executive within thirty (30) days after the Termination Date:
Appears in 18 contracts
Samples: Employment and Noncompetition Agreement (Sl Green Operating Partnership, L.P.), Employment and Noncompetition Agreement (Sl Green Operating Partnership, L.P.), Employment and Noncompetition Agreement (Sl Green Operating Partnership, L.P.)
Termination by Reason of Disability. In the event that Executive’s employment terminates during the Employment Period due to his disability as defined in Section 6(a)(ii) above, Executive shall be entitled to receive his earned and accrued but unpaid Base Salary on the Termination Date and Executive shall be entitled to the following payments and benefits in lieu of any further compensation for periods subsequent to the Termination Datebenefits, subject to (1) Executive’s execution of the Release Agreement, which Release Agreement the Employer shall execute within five (5) business days after such execution by Executive, and (2) the effectiveness and irrevocability of the Release Agreement with respect to Executive within thirty (30) days after the Termination DateExecutive:
Appears in 4 contracts
Samples: Employment and Noncompetition Agreement (Sl Green Realty Corp), Employment and Noncompetition Agreement (Sl Green Realty Corp), Employment and Noncompetition Agreement (Sl Green Realty Corp)
Termination by Reason of Disability. In the event that that, during the Employment Period, Executive’s employment terminates during the Employment Period due to his disability as defined in Section 6(a)(ii) above, Executive shall be entitled to receive his earned and accrued but unpaid Base Salary on or before the time required by law (but in no event more than 30 days after the Termination Date Date) and Executive shall be entitled to the following payments and benefits in lieu of any further compensation for periods subsequent to the Termination Datebenefits, subject to (1) Executive’s execution of the Release Agreement, which Release Agreement the Employer shall execute within five (5) business days after such execution by Executive, and (2) the effectiveness and irrevocability of the Release Agreement with respect to Executive thereof on or within thirty (30) 30 days after the Termination Date:
Appears in 4 contracts
Samples: Employment and Noncompetition Agreement (GPT Operating Partnership LP), Employment and Noncompetition Agreement (GPT Operating Partnership LP), Employment and Noncompetition Agreement (Gramercy Capital Corp)
Termination by Reason of Disability. In the event that Executive’s employment terminates during the Employment Period due to his disability as defined in Section 6(a)(ii) above, Executive shall be entitled to receive his earned and accrued but unpaid Base Salary on the Termination Date and Executive shall be entitled to the following payments and benefits in lieu of any further compensation for periods subsequent to the Termination Datebenefits, subject to (1) Executive’s execution of the Release Agreement, which Release Agreement the Employer shall execute within five (5) business days after such execution by Executive, and (2) the effectiveness and irrevocability of the Release Agreement with respect to Executive thereof on or within thirty (30) 30 days after the Termination Date:
Appears in 3 contracts
Samples: Employment and Noncompetition Agreement (Gramercy Capital Corp), Employment and Noncompetition Agreement (Gramercy Capital Corp), Employment and Noncompetition Agreement (Gramercy Capital Corp)
Termination by Reason of Disability. In the event that Executive’s employment terminates during the Employment Period due to his disability as defined in Section 6(a)(ii) above, Executive shall be entitled to receive his earned and accrued but unpaid Base Salary on the Termination Date and Executive shall be entitled to the following payments and benefits in lieu of any further compensation for periods subsequent to the Termination Datebenefits, subject to (1) Executive’s execution of the Release Agreement, which Release Agreement the Employer shall execute within five (5) business days after such execution by Executive, and (2) the effectiveness and irrevocability of the Release Agreement with respect to Executive within thirty (30) days after the Termination Date:
Appears in 2 contracts
Samples: Employment and Noncompetition Agreement (SL Green Operating Partnership, L.P.), Employment and Noncompetition Agreement (Sl Green Realty Corp)
