Termination Due to Death; Disability. The Term shall terminate on Executive’s death or Disability, at which time the Company’s obligations under this Agreement to pay further compensation shall cease forthwith, except that the Company shall pay Executive (or his estate or legal representative, as the case may be), in full and complete satisfaction of all of the Company’s obligations under this Agreement, the following: (i) any accrued but unpaid Base Salary prorated on a daily basis up to the date of such termination; (ii) subject to submission of all required documentation, reimbursable expenses accrued (but unpaid) as of the date of such termination of the Executive’s employment; (iii) any accrued but unused vacation days paid at a rate determined consistently with Company policy; and (iv) any vested and accrued employee benefits payable under the Company’s employee benefit plans (collectively, the “Accrued Rights”). As used in this Agreement, the term “Disability” shall mean a physical or mental disability or incapacity of Executive, whether total or partial, that, in the good faith determination of the Board, has prevented him from performing substantially all of his duties under this Agreement during a period of two consecutive months or for one hundred eighty (180) days during any twelve (12) month period (or such longer period as may be required to comply with applicable law).
Termination Due to Death; Disability. Notwithstanding the foregoing provisions of Paragraph 4(c)(i), (ii), (iii), (iv) and (v), in the event of the occurrence (i) your death or Disability or (ii) your death or Disability following a Termination described in Paragraph 4(c)(ii) or (iv) hereof, all outstanding Units held by you shall become immediately payable and you shall, as soon as practicable thereafter, receive freely transferable shares of Common Stock. Any shares that become payable pursuant to this Paragraph 4(c) (other than Paragraph (c)(v) or (vi)) shall be issued to you on the Share Payment Date, subject to the application of Paragraph 4(b). Notwithstanding any other provisions of this Agreement, if any payment otherwise due hereunder would have the effect of making you subject to the provisions of Code Section 409A(a)(1), such payment shall be postponed until the earliest date upon which the payment could be made without subjecting you to the provisions of Code Section 409A(a)(1). Any remaining Units that are not payable pursuant to the provisions of the Paragraph 4(c) shall be canceled by Holdings.
Termination Due to Death; Disability. Voluntary Resignation or -------------------------------------------------------------- Termination Without Cause. -------------------------
Termination Due to Death; Disability. If this Agreement is terminated because of the Representative’s death or disability (defined as the inability of Representative to perform his/her/its duties under this Agreement for a continuous 180-day period), any commission then due, or which may accrue thereafter (according to the vesting section below), shall be payable to the Representative or to the executor or administrator of his/her/its estate, provided the Representative has acted for the Society for a term of two consecutive years from the effective date of the Representative’s first Representative Agreement.
Termination Due to Death; Disability. In the event of the occurrence on or after , 200 of your death or Disability, you (or in the event of your death, your estate or any person who acquires the right to exercise this option by bequest or inheritance or otherwise by reason of your
Termination Due to Death; Disability. In the event of the occurrence on or after __________, 200_ of your death or Disability, you (or in the event of your death, your estate or any person who acquires the right to exercise this option by bequest or inheritance or otherwise by reason of your death) will be permitted to exercise this option, to the extent not previously exercised, until the Expiration Date. Any remaining portion of this option, which is not exercisable pursuant to the provisions of this subparagraph 4(c), shall be canceled by Holdings.
Termination Due to Death; Disability. Subject to Section 3(d)(v) below, if the Participant’s employment with the Company and its Affiliates terminates on account of the Participant’s death or is terminated by the Company or any Affiliate due to “Disability” (as defined below), the unvested portion of the Option shall expire on the date of termination and the vested portion of the Option shall remain exercisable by the Participant through the earlier of (A) the expiration of the Option Period or (B) 12 months following the date of such termination (or, in the case of that portion of the Performance Portion of the Option that is scheduled to vest with respect to the year of termination only, 12 months following the Determination Date for such year if such date occurs later than the date of termination but prior to a Change in Control). For purposes of this Agreement, “Disability” shall mean “Disability” as defined in any employment agreement between Participant and the Company or an Affiliate in effect at the time the existence of Disability is to be determined, or, in the absence of such an employment agreement, a condition entitling Participant to receive benefits under the long-term disability plan of the Company or an Affiliate, as applicable, or, in the absence of such a plan, Participant’s complete and permanent inability by reason of illness or accident to perform the duties of the occupation at which a Participant was employed or served when such illness or accident commenced, as determined by the Committee based upon medical evidence acceptable to it.
Termination Due to Death; Disability. In the event that Executive’s employment hereunder terminates due to Executive’s death or is terminated by the Company due to Executive’s Disability, Executive shall be entitled to receive only the payments or benefits specified in Section 7(f)(i). For purposes of this Agreement, “Disability” shall have the same meaning given to such term in the Company’s long-term disability plan.
Termination Due to Death; Disability. The Executive’s interest in all of the shares of Common Stock covered by this Award Agreement (if not sooner vested), shall become vested and nonforfeitable on Executive’s termination of employment from the Company due to Exhibit 10.1 death or Disability (as defined in the Executive Employment Agreement) if Executive remains employed with the Company from the Date of Grant until the date of his death or Disability.
Termination Due to Death; Disability. In the event of termination due to death or Disability, Executive or her legal representative shall be entitled to (A) any Base Compensation earned through the last date of employment, (B) all unpaid Deferred Salary earned through the last day of employment, and (C) any unpaid bonus. In addition, Executive will remain eligible for all applicable benefits relative to death or Disability pursuant to the plans and policies, if any, in place at the time.
