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

Termination Due to Death or Permanent Disability. Executive’s employment with the Company shall terminate automatically on Executive’s death. In the event of Executive’s Permanent Disability, the Company shall be entitled to terminate her employment. For purposes of this Agreement, the “Permanent Disability” of Executive shall mean Executive’s inability, because of mental or physical illness or incapacity, whether total or partial, to perform one or more of the material functions of Executive’s position with or without reasonable accommodation, for a period of: (i) 90 consecutive calendar days or (ii) an aggregate of 120 days out of any consecutive 12 month period, and which entitles Executive to receive benefits under a disability plan provided by the Company. In the event of a termination of employment under this section, Executive shall be entitled to following, subject to Section 8(g):

Appears in 3 contracts

Samples: Employment Agreement (Lantheus Holdings, Inc.), Employment Agreement (Lantheus Medical Imaging, Inc.), Employment Agreement (Lantheus Holdings, Inc.)

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Termination Due to Death or Permanent Disability. Executive’s employment with the Company shall terminate automatically on Executive’s death. In the event of Executive’s Permanent Disability, the Company shall be entitled to terminate her his employment. For purposes of this Agreement, the “Permanent Disability” of Executive shall mean Executive’s inability, because of mental or physical illness or incapacity, whether total or partial, to perform one or more of the material functions of Executive’s position with or without reasonable accommodation, for a period of: (i) 90 consecutive calendar days or (ii) an aggregate of 120 days out of any consecutive 12 month period, and which entitles Executive to receive benefits under a disability plan provided by the Company. In the event of a termination of employment under this section, Executive shall be entitled to following, subject to Section 8(g):

Appears in 3 contracts

Samples: Employment Agreement (Lantheus Holdings, Inc.), Employment Agreement (Lantheus Medical Imaging, Inc.), Employment Agreement (Lantheus Holdings, Inc.)

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Termination Due to Death or Permanent Disability. Executive’s 's employment with the Company shall terminate automatically on Executive’s 's death. In the event of Executive’s 's Permanent Disability, the Company shall be entitled to terminate her his employment. For purposes of this Agreement, the "Permanent Disability" of Executive shall mean Executive’s 's inability, because of mental or physical illness or incapacity, whether total or partial, to perform one or more of the material functions of Executive’s 's position with or without reasonable accommodation, for a period of: (i) 90 consecutive calendar days or (ii) an aggregate of 120 days out of any consecutive 12 month period, and which entitles Executive to receive benefits under a disability plan provided by the Company. In the event of a termination of employment under this section, Executive shall be entitled to following, subject to Section 8(g):

Appears in 1 contract

Samples: Employment Agreement (Lantheus Holdings, Inc.)

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