Common use of Termination by the Company for Death or Disability Clause in Contracts

Termination by the Company for Death or Disability. The Executive's employment hereunder shall terminate automatically upon the death of the Executive. The Company shall have the right at any time to terminate the Executive's employment hereunder upon the Executive's "Disability" or "Death". "Termination Due to Disability" shall mean termination of the Executive's employment by the Company or any of its subsidiaries because the Executive has been incapable for a six month period of substantially fulfilling the positions, duties, responsibilities and obligations set forth in his/her employment agreement because of physical, mental or emotional incapacity resulting from injury, sickness or disease. "Termination Due to Death" shall mean a termination of the Executive's employment by the Company or any of its subsidiaries because the Executive has died.

Appears in 7 contracts

Samples: Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/), Employment Agreement (Mining Services International Corp/)

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