Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of Corporation, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 6 contracts
Samples: Employment Agreement (In House Rehab Corp), Employment Agreement (In House Rehab Corp), Employment Agreement (In House Rehab Corp)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationEmployer, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation Employer shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation Employer in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 2 contracts
Samples: Employment Agreement (Tidelands Oil & Gas Corp/Wa), Employment Agreement (Tidelands Oil & Gas Corp/Wa)
Termination by Reason of Disability. If, during the term of this AgreementEmployment Period, Employeethe Executive, in the reasonable judgment of the Board Company's board of Directors of Corporationdirectors, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve ninety (1290) consecutive monthsdays, Corporation the Company shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation Company or its Affiliates in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreementthe initial five-year Employment Period, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 2 contracts
Samples: Employment Agreement (Easyriders Inc), Employment Agreement (Easyriders Inc)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of Corporation, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or plan, profit sharing plan and stock option plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of salary and medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 2 contracts
Samples: Employment Agreement (Specialized Health Products International Inc), Employment Agreement (Specialized Health Products International Inc)
Termination by Reason of Disability. If, during the term of this Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) two consecutive months, the Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than stock incentive plan, pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 2 contracts
Samples: Employment Agreement (Grease Monkey Holding Corp), Employment Agreement (Grease Monkey Holding Corp)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationPresident or officer acting in her place, has failed to perform his her duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his her duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 2 contracts
Samples: Employment Agreement (In House Rehab Corp), Employment Agreement (In House Rehab Corp)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationPresident or officer acting in his place, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 2 contracts
Samples: Employment Agreement (In House Rehab Corp), Employment Agreement (In House Rehab Corp)
Termination by Reason of Disability. If, during the term of this --------------------------------------- Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve three (123) consecutive months, the ---------- Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 1 contract
Samples: Employment Agreement (Donobi Inc)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationEmployee s supervisor, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
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Termination by Reason of Disability. If, during the term of this Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, the Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
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Termination by Reason of Disability. If, during the term of this --------------------------------------- Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his her duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve three (123) consecutive months, the ---------- Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his her duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 1 contract
Samples: Employment Agreement (Donobi Inc)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationPresident and/or the Chief Executive Officer, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve three (123) consecutive months, Corporation shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
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Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors Director's of CorporationEmployer, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, Corporation Employer shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation Employer in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 1 contract
Termination by Reason of Disability. If, during the term of this Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his her duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) two consecutive months, the Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than stock incentive plan, pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his her duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 1 contract
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationEmployer, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve six (126) consecutive months, Corporation Employer shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation Employer in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 1 contract
Samples: Employment Agreement (Industrial Services of America Inc /Fl)
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of Corporation, has failed Employee fails to perform his her duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, the Corporation shall have the right to terminate the Employee's employment hereunder by written notification to the Employee and payment to the Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Employee is a participant to the full extent of the Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by the Employee in connection with his her duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but the Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 1 contract
Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of CorporationEmployer, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve six (126) consecutive months, Corporation Employer shall have the right to terminate Employee's employment hereunder by written notification to Employee and payment to Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation Employer in which Employee is a participant to the full extent of Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreementthe Initial Term, but Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
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Termination by Reason of Disability. If, during the term of this Agreement, Employee, in the reasonable judgment of the Board of Directors of Corporation, has failed Employee fails to perform his her duties under this Agreement on account of illness or of physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve (12) consecutive months, the Corporation shall have the right to terminate the Employee's employment hereunder by written notification to the Employee and payment to the Employee of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which the Employee is a participant to the full extent of the Employee's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by the Employee in connection with his her duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but the Employee shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensation.
Appears in 1 contract
Samples: Employment Agreement (Tirex Corp)
Termination by Reason of Disability. If, during the term of this Agreement, Employeethe Executive, in the reasonable judgment of the Board Corporation's board of Directors of Corporationdirectors, has failed to perform his duties under this Agreement on account of illness or physical or mental incapacity, and such illness or incapacity continues for a period of more than twelve Two (122) consecutive months, the Corporation shall have the right to terminate Employeethe Executive's employment hereunder by written notification to Employee the Executive and payment to Employee the Executive of all accrued salary, bonus compensation to the extent earned, vested deferred compensation (other than pension plan or profit sharing plan benefits which will be paid in accordance with the applicable plan), any benefits under any plans of the Corporation in which Employee the Executive is a participant to the full extent of Employeethe Executive's rights under such plans, accrued vacation pay and any appropriate business expenses incurred by Employee the Executive in connection with his duties hereunder, all to the date of termination, with the exception of medical and dental benefits which shall continue through the expiration of this Agreement, but Employee the Executive shall not be paid any other compensation or reimbursement of any kind, including without limitation, severance compensationSeverance Compensation.
Appears in 1 contract