Common use of TERMINATION IN CASE OF DEATH OR DISABILITY Clause in Contracts

TERMINATION IN CASE OF DEATH OR DISABILITY. In the event of the Executive's death or a complete physical or mental inability, confirmed by a licensed physician, to perform the services described in Section 3 above that continues for a period of one hundred twenty (120) consecutive days) ("Permanent Disability"), the Company may elect to terminate this Agreement, subject to continuation of the payments described in Section 10.

TERMINATION IN CASE OF DEATH OR DISABILITY. In the event case of the Executive's death or a complete permanent disability (defined to mean the Executive's inability, by reason of physical or mental inabilitydisability of the Executive, confirmed by a licensed physician, to perform the services described in Section 3 above that above, which inability continues for a period of one hundred twenty (120) consecutive daysdays within any one (1) ("Permanent Disability"year period), the Company may elect to terminate this Agreement, subject to continuation the terms of the payments described in Section 109.