Common use of Termination on Account of Death or Disability Clause in Contracts

Termination on Account of Death or Disability. Upon the death or disability of Executive, Executive's employment pursuant to this Agreement shall terminate, and such termination shall be effective on the date upon which the death or disability of executive occurs.

Appears in 7 contracts

Samples: Employment and Noncompetition Agreement (Strategic Timber Trust Inc), Employment and Noncompetition Agreement (Strategic Timber Trust Inc), Employment and Noncompetition Agreement (Strategic Timber Trust Inc)

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Termination on Account of Death or Disability. Upon (i) The Executive’s employment shall terminate automatically upon the Executive’s death or disability Disability. In the event of Executive, Executive's employment pursuant to this Agreement shall terminate, and such a termination shall be effective on the date upon which the as a result of death or disability of executive occursDisability, the Executive shall not be entitled to any additional payments from the Company, other than payments with respect to the Accrued Rights.

Appears in 1 contract

Samples: Control Severance Agreement (Michaels Stores Inc)

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Termination on Account of Death or Disability. Upon The Executive’s employment shall terminate automatically upon the death or disability of Executive, ’s death. The Company may terminate the Executive's ’s employment pursuant to this Agreement shall terminate, and such termination shall be effective on upon the date upon which the death or disability of executive occursExecutive’s Disability.

Appears in 1 contract

Samples: Employment Agreement (AMCI Acquisition Corp. II)

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