Common use of Termination of Employment due to Executive’s Death or Disability Clause in Contracts

Termination of Employment due to Executive’s Death or Disability. If Executive’s employment is terminated by the Company due to Executive’s death or Disability, the Company shall pay to Executive (or Executive’s estate or legal representative, if applicable) the Accrued Obligations as soon as practicable following the date of Executive’s termination of employment.

Appears in 28 contracts

Samples: Employment Agreement (Endologix Inc /De/), Employment Agreement (Endologix Inc /De/), Employment Agreement (Endologix Inc /De/)

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Termination of Employment due to Executive’s Death or Disability. If Executive’s employment is terminated by the under this Agreement shall terminate automatically upon Executive’s death. Company may terminate Executive’s employment under this Agreement due to Executive’s death or DisabilityDisability (as defined below). In the event of such termination, the Company shall pay to Executive (or Executive’s estate or legal representativeestate, if applicableas the case may be) will be entitled to receive, the Accrued Obligations Obligations, and any Bonus earned in respect of a prior completed year that has not yet been paid, and no other amount, except as soon as practicable following the date of Executive’s termination of employmentrequired by applicable law.

Appears in 2 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

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