Common use of Termination Due to Incapacity Clause in Contracts

Termination Due to Incapacity. In the event Employee is unable to perform his material duties because of illness or disability for a continuous period of 120 days, the Company may terminate this Agreement without further notice.

Appears in 3 contracts

Samples: Employment Agreement (Patient Safety Technologies, Inc), Employment Agreement (Franklin Credit Management Corp/De/), Agreement (Franklin Credit Management Corp/De/)

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Termination Due to Incapacity. In the event Employee is unable to perform his material duties because of illness or disability for a continuous period of 120 days, the Company may terminate this Agreement without further notice. For the purposes Section 12 of this Agreement such a termination due to the illness or disability of Employee shall be deemed a termination by the Company without cause.

Appears in 1 contract

Samples: Employment Agreement (Franklin Credit Management Corp)

Termination Due to Incapacity. In the event Employee is unable unable, with or without reasonable accommodation, to perform his material duties because of illness or disability for a continuous period of 120 daysdays because of illness or disability, the Company Employer may terminate this Agreement upon written notice. For the purposes of Section 12 of this Agreement, any such termination shall be deemed a termination by Employer without further noticeCause.

Appears in 1 contract

Samples: Employment Agreement (Franklin Credit Holding Corp/De/)

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Termination Due to Incapacity. In the event Employee is unable to perform his material duties because of illness or disability for a continuous period of 120 days, the Company may terminate this Agreement without further notice. For the purposes Section 12 of this Agreement such a termination due to the illness or disability of Employee shall be deemed at termination by the Company without cause.

Appears in 1 contract

Samples: Employment Agreement Joseph Caiazzo (Franklin Credit Management Corp/De/)

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