Common use of Termination Due to Death or Permanent Disability Clause in Contracts

Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his estate or legal representative) shall be entitled solely to the following: (i) Base Salary through the Date of Termination; and (ii) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such termination.

Appears in 7 contracts

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

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Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his estate or legal representative) shall be entitled solely to the following: (ia) Base Salary through the Date of Termination; Termination (paid on the Companies’ normal payroll date), and (iib) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such terminationtermination in accordance with Section 4.04 and Section 13.14 herein.

Appears in 7 contracts

Samples: Nonqualified Stock Option Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his estate or legal representative) shall be entitled solely to the following: (ia) Base Salary through the Date of TerminationTermination (paid on the Companies’ normal payroll date); and (iib) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such terminationtermination in accordance with Section 4.04 and Section 13.14 herein.

Appears in 2 contracts

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his her estate or legal representative) shall be entitled solely to the following: (i) Base Salary through the Date of Termination; and (ii) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his her estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such termination.

Appears in 2 contracts

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc), Employment Agreement (Krispy Kreme Doughnuts Inc)

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Termination Due to Death or Permanent Disability. If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his her estate or legal representative) shall be entitled solely to the following: (ia) Base Salary through the Date of Termination; Termination (paid on the Companies’ normal payroll date), and (iib) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his her estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such terminationtermination in accordance with Section 4.04 and Section 13.14 herein.

Appears in 1 contract

Samples: Employment Agreement (Krispy Kreme Doughnuts Inc)

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