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

Termination on Account of Disability or Death. If the Employee’s employment with the Company and its affiliates, as applicable, hereunder is terminated on account of a Disability or as a result of the Employee’s death, then in addition to the Accrued Rights, the Employee (or the Employee’s estate, as the case may be) shall be entitled to receive from the Company the Pro Rata Bonus, if any, for the year in which termination of employment occurs, which amount is payable in accordance with Section 3(b). Any termination by the Company for Disability shall be communicated by written notice in accordance with Section 20.

Appears in 13 contracts

Samples: Employment Agreement (Press Ganey Holdings, Inc.), Employment Agreement (PGA Holdings, Inc.), Employment Agreement (PGA Holdings, Inc.)

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Termination on Account of Disability or Death. If the Employee’s employment with the Company and its affiliates, as applicable, hereunder is terminated on account of a Disability or as a result of the Employee’s death, then in addition to the Accrued Rights, the Employee (or the Employee’s estate, as the case may be) shall be entitled to receive from the Company the Pro Pro- Rata Bonus, if any, for the year in which termination of employment occurs, which amount is payable in accordance with Section 3(b)at such time as such bonus would otherwise be payable to other employees of the Company. Any termination by the Company for Disability shall be communicated by written notice in accordance with Section 20.

Appears in 2 contracts

Samples: Employment Agreement (PGA Holdings, Inc.), Employment Agreement (PGA Holdings, Inc.)

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