Common use of Termination Due to Permanent Total Disability Clause in Contracts

Termination Due to Permanent Total Disability. The Employment Period shall be terminated upon the Permanent Total Disability (as defined in this Section 4.4) of Executive following written notice from the Company. Permanent Total Disability is defined as an inability by Executive to perform substantially all of the services required pursuant to this Agreement for a continuous period of ninety (90) days or for a period aggregating at ninety (90) days in any consecutive twelve (12) month period when such inability is caused by illness or a physical or mental disability. Such Permanent Total Disability shall be determined by a physician selected jointly by the parties hereto. All unvested Stock and Stock Options shall immediately become vested.

Appears in 2 contracts

Samples: Employment Agreement (Eco Science Solutions, Inc.), Employment Agreement (Eco Science Solutions, Inc.)

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Termination Due to Permanent Total Disability. The Employment Period shall be terminated upon the Permanent Total Disability (as defined in this Section 4.43.4) of Executive following written notice from the Company. Permanent Total Disability is defined as an inability by Executive to perform substantially all of the services required pursuant to this Agreement for a continuous period of ninety (90) days or for a period aggregating at ninety (90) days in any consecutive twelve (12) month period when such inability is caused by illness or a physical or mental disability. Such Permanent Total Disability shall be determined by a physician selected jointly by the parties hereto. All unvested Stock and Stock Options shall immediately become vested.

Appears in 2 contracts

Samples: Employment Agreement (Pristine Solutions Inc.), Employment Agreement (Ecologic Transportation, Inc.)

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