Common use of Termination on Disability Clause in Contracts

Termination on Disability. If at any time during the term of Employee’s employment hereunder, Employee is unable due to physical or mental disability, to perform effectively Employee’s duties hereunder, the Company shall continue payment of salary as provided in Section 4 during the first 3 month period of such disability to the extent not covered by the Company’s disability insurance policies (the Company may offset against its obligations in this sentence the amounts actually received by the Employee under such policies). Upon the expiration of such 3 month period, the Company, at its sole option, may continue payment of Employee’s salary for such additional periods as the Company elects, or may terminate Employee’s employment hereunder without any further compensation obligations to Employee hereunder. If Employee should die during the term of Employee’s employment hereunder, Employee’s employment and the Company’s obligations hereunder for compensation payments shall terminate as of the end of the month in which Employee’s death occurs.

Appears in 3 contracts

Samples: Employment Agreement (University General Health System, Inc.), Employment Agreement (University General Health System, Inc.), Employment Agreement (University General Health System, Inc.)

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Termination on Disability. If at any time during the term of Employee’s 's employment hereunder, Employee is unable due to physical or mental disability, to perform effectively Employee’s 's duties hereunder, the Company shall continue payment of salary as provided in Section 4 during the first 3 12 month period of such disability to the extent not covered by the Company’s 's disability insurance policies (the Company may offset against its obligations in this sentence the amounts actually received by the Employee under such policies). Upon the expiration of such 3 12 month period, the Company, at its sole option, may continue payment of Employee’s 's salary for such additional periods as the Company elects, or may terminate Employee’s 's employment hereunder without any further compensation obligations to Employee hereunder. If Employee should die during the term of Employee’s 's employment hereunder, Employee’s 's employment and the Company’s 's obligations hereunder for compensation payments shall terminate as of the end of the month in which Employee’s 's death occurs.

Appears in 3 contracts

Samples: Employment Agreement (Encompass Services Corp), Employment Agreement (Encompass Services Corp), Employment Agreement (Encompass Services Corp)

Termination on Disability. If at any time during the term of Employee’s 's employment hereunder, Employee is unable due to physical or mental disability, to perform effectively Employee’s 's duties hereunder, the Company shall continue payment of salary as provided in Section 4 during the first 3 month period of such disability to the extent not covered by the Company’s 's disability insurance policies (the Company may offset against its obligations in this sentence the amounts actually received by the Employee under such policies). Upon the expiration of such 3 month period, the Company, at its sole option, may continue payment of Employee’s 's salary for such additional periods as the Company elects, or may terminate Employee’s 's employment hereunder without any further compensation obligations to Employee hereunder. If Employee should die during the term of Employee’s 's employment hereunder, Employee’s 's employment and the Company’s 's obligations hereunder for compensation payments shall terminate as of the end of the month in which Employee’s 's death occurs.

Appears in 1 contract

Samples: Employment Agreement (University General Health System, Inc.)

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Termination on Disability. If at any time during the term of Employee’s 's employment hereunder, Employee is unable due to physical or mental disability, to perform effectively the essential functions of Employee’s duties hereunder's job with or without reasonable accommodation, the Company shall continue payment of salary Employee's compensation as provided in Section 4 of this Agreement during the first 3 twelve (12) month period of such disability to the extent not covered by the Company’s 's disability insurance policies (the Company may offset against its obligations in this sentence the amounts actually received by the Employee under such policies). Upon the expiration of such 3 12 month period, the Company, at its sole option, may continue payment of Employee’s 's salary for such additional periods as the Company elects, or may terminate Employee’s 's employment hereunder without any further compensation obligations to Employee hereunder. If Employee should die during the term of Employee’s 's employment hereunder, Employee’s 's employment and the Company’s 's obligations hereunder for compensation payments shall terminate as of the end of the month in which Employee’s 's death occurs.

Appears in 1 contract

Samples: Employment Agreement (Encompass Services Corp)

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