Common use of Termination due to Death or by the Corporation for Disability Clause in Contracts

Termination due to Death or by the Corporation for Disability. In the event that the Employee’s employment is terminated due to the Employee’s death or by the Corporation as a result of the Employee being deemed to be Totally Disabled, the Corporation shall pay to the Employee any accrued but unpaid Salary plus, any earned bonus for a prior completed year for services rendered prior to the date of termination.

Appears in 4 contracts

Samples: Employment Agreement (Vita Coco Company, Inc.), Employment Agreement (Vita Coco Company, Inc.), Employment Agreement (Vita Coco Company, Inc.)

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Termination due to Death or by the Corporation for Disability. In the event that the Employee’s employment is terminated due to the Employee’s death or by the Corporation as a result of the Employee being deemed to be Totally Disabled, the Corporation shall pay to the Employee any accrued but unpaid Salary plus, any and earned bonus for a prior completed year for services rendered prior to the date of termination.

Appears in 2 contracts

Samples: Employment Agreement (Vita Coco Company, Inc.), Employment Agreement (Vita Coco Company, Inc.)

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Termination due to Death or by the Corporation for Disability. In the event that the Employee’s employment is terminated due to the Employee’s death or by the Corporation as a result of the Employee being deemed to be Totally Disabled, the Corporation shall pay to the Employee only any accrued but unpaid Base Salary plus, through the Termination Date and any earned bonus for a prior completed year for services rendered prior to Accrued Obligations in accordance with the date of terminationCorporation’s general payroll practices.

Appears in 1 contract

Samples: Employment Agreement (Vita Coco Company, Inc.)

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