TERMINATION IN CASE OF DEATH OR DISABILITY. In case of a Disability, which for this purpose shall mean that as a result of illness or injury, the Executive is unable substantially to perform his duties hereunder for a period of at least one hundred eighty (180) consecutive days, the Company may terminate the Executive's employment hereunder upon giving the Executive at least thirty (30) days' written notice of termination; provided, however, that if the Executive is eligible to receive disability payments pursuant to a disability insurance policy paid for by the Company, the Executive shall assign such benefits to the Company for all periods as to which he is receiving full payment under this Agreement. This Agreement shall terminate upon the death of the Executive.
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Samples: Employment Agreement (Adstar Com Inc), Employment Agreement (Adstar Com Inc)
TERMINATION IN CASE OF DEATH OR DISABILITY. In case of a Disability, which for this purpose shall mean that as a result of illness or injury, the Executive is unable substantially to perform his her duties hereunder for a period of at least one hundred eighty (180) consecutive days, the Company may terminate the Executive's employment hereunder upon giving the Executive at least thirty (30) days' written notice of termination; provided, however, that if the Executive is eligible to receive disability payments pursuant to a disability insurance policy paid for by the Company, the Executive shall assign such benefits to the Company for all periods as to which he she is receiving full payment under this Agreement. This Agreement shall terminate upon the death of the Executive.
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TERMINATION IN CASE OF DEATH OR DISABILITY. In case of a Disability, which for this purpose shall mean that as a result of illness or injury, the Executive is unable substantially to perform his her duties hereunder for a period of at least one hundred eighty (180) consecutive days, the Company may terminate the Executive's employment hereunder upon giving the Executive at least thirty (30) days' written notice of termination; provided, however, that if the Executive is eligible to receive disability payments pursuant to a disability insurance policy paid for by the Company, the Executive shall assign such benefits to the Company for all periods as to which he she is receiving full payment under this Agreement. This Agreement shall terminate upon the death of the Executive.
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TERMINATION IN CASE OF DEATH OR DISABILITY. In case of a Disability, which for this purpose shall mean that as a result of illness or injury, the Executive is unable substantially to perform his her duties hereunder for a period of at least one hundred eighty (180) consecutive days, the Company may terminate the Executive's ’s employment hereunder upon giving the Executive at least thirty (30) days' ’ written notice of termination; provided, however, that if the Executive is eligible to receive disability payments pursuant to a disability insurance policy paid for by the Company, the Executive shall assign such benefits to the Company for all periods as to which he she is receiving full payment under this Agreement. This Agreement shall terminate upon the death of the Executive.
Appears in 1 contract
Samples: Employment Agreement (Adstar Inc)
TERMINATION IN CASE OF DEATH OR DISABILITY. In case of a Disability, which for this purpose shall mean that as a result of illness or injury, the Executive is unable substantially to perform his duties hereunder for a period of at least one hundred eighty (180) consecutive days, the Company may terminate the Executive's ’s employment hereunder upon giving the Executive at least thirty (30) days' ’ written notice of termination; provided, however, that if the Executive is eligible to receive disability payments pursuant to a disability insurance policy paid for by the Company, the Executive shall assign such benefits to the Company for all periods as to which he is receiving full payment under this Agreement. This Agreement shall terminate upon the death of the Executive.
Appears in 1 contract
Samples: Employment Agreement (Adstar Inc)