Common use of Termination of Disability Clause in Contracts

Termination of Disability. The foregoing to the contrary notwithstanding, in the event the Company terminates the employment of Employee due to the disability of Employee and if, after such termination and prior to the normal termination date of this Agreement (or any extension or renewal hereof) Employee is judged by the aforesaid third physician to be able to return to his normal duties, then the Company shall hire Employee as a consultant to the Company for the balance of the term of this Agreement (or any extension or renewal hereof), at Employee's salary as of the date of termination and subject to all other terms and conditions of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (TLC Vision Corp), Employment Agreement (TLC Vision Corp), Employment Agreement (Newcor Inc)

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