Termination Due to Death or Incapacity. Executive’s employment shall be terminated upon the Executive’s death, or by the Company, at its discretion, because of the Executive’s failure to perform substantially all the material duties of his position for a period of a least 180 consecutive calendar days due to physical or mental illness or injury.
Appears in 2 contracts
Samples: Executive Employment Agreement (Ballantyne Strong, Inc.), Non Qualified Stock Option Agreement (Ballantyne Strong, Inc.)
Termination Due to Death or Incapacity. Executive’s 's employment shall be terminated upon the Executive’s 's death, or by the Company, at its discretion, because of the Executive’s 's failure to perform substantially all the material duties of his position for a period of a least 180 consecutive calendar days due to physical or mental illness or injury.
Appears in 1 contract
Samples: Executive Employment Agreement (Ballantyne Strong, Inc.)
Termination Due to Death or Incapacity. Executive’s employment shall be terminated upon the Executive’s death, or by the Company, at its discretion, because of the Executive’s failure to perform substantially all the material duties of his her position for a period of a least 180 consecutive calendar days due to physical or mental illness or injury.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Ballantyne Strong, Inc.)
