Termination Upon Death or Disability of Employee. This Agreement will be terminated immediately upon the death or permanent disability (which shall be determined in accordance with Company’s disability plan as then in effect, or if no such plan is then in effect, as determined in good faith by Company’s Board of Directors at such time as Employee becomes physically or mentally incapable or properly performing his duties under this Agreement and such incapacity will exist or can reasonably be expected to exist for a period of ninety days or more) of Employee. In either such event, Employee or his beneficiary as designated in writing to Company (or his estate, if no such beneficiary has been designated) will be entitled to such benefits (i) as are consistent with Company policy then if effect or (ii) as are determined by Company’s Board of Directors in its sole discretion.
Termination Upon Death or Disability of Employee. This Agreement shall terminate immediately upon Employee’s death or upon the Disability of Employee. In the event Employee’s employment is terminated in accordance with this Subsection 6(b), the Company shall provide to Employee the Disability Termination Compensation as provided in Subsection 18(j).
Termination Upon Death or Disability of Employee. This Agreement shall terminate immediately upon Employee's death. This Agreement shall also terminate on the continued disability of Employee for a consecutive period of ninety (90) days. For purposes of this paragraph "disability" shall be defined as the inability of Employee to substantially perform his duties under this Agreement after the Company has made commercially reasonable efforts to accommodate such disabilities or offered Employee suitable alternative employment
Termination Upon Death or Disability of Employee. This Agreement shall automatically terminate in the event of the Employee’s death or disability. “Disability” means the unwillingness or inability of Employee to perform Employee’s duties under this Agreement because of incapacity due to physical or mental illness, bodily injury or disease for a period of 60 days out of 180 consecutive days.
Termination Upon Death or Disability of Employee. The Term and Employee’s employment with Company will be terminated immediately upon the death or Disability of Employee. Upon termination due to Employee’s death or Disability, Employee (or Employee’s estate) will be entitled to (i) Employee’s Accrued Compensation, (ii) reimbursement for Employee’s Unreimbursed Expenses, (iii) the Pro-Rata Bonus and (iv) such employee benefits (including equity compensation), if any, as to which Employee may be entitled under Company’s employee benefit plans as of the Termination Date, but will not be entitled to any other salary, benefits, bonus or other compensation of any kind with respect to periods after the Termination Date, except as otherwise required by applicable Law. The Company will pay Employee or his estate his Accrued Compensation in a lump sum on the earliest of (A) the date required under applicable Law or (B) the date on which Company’s next regularly scheduled payroll occurs. The Company will pay Employee or his estate his Unreimbursed Expenses in accordance with Company policy, but in no event later than thirty (30) days after the Termination Date.
Termination Upon Death or Disability of Employee. This Agreement shall terminate upon the disability (resulting from the Employee's inability, due to physical or mental illness, to perform his duties hereunder on a full-time basis for three consecutive months or an aggregate of 90 days) or death of the Employee, in which event the Employee or his estate, legal representatives or designee shall be entitled to receive, in full satisfaction of all obligations due to the Employee by the Company hereunder, an amount equal to one month's Salary.
Termination Upon Death or Disability of Employee. If the Employee’s employment hereunder is terminated by reason of the Death or Disability of Employee, the Employee (or Employee’s estate or beneficiary) shall be entitled to receive, in addition to the Accrued Rights, payment of the Retention Bonus in accordance with Section 6 and the Wind-Down Bonus in accordance with Section 4(c), which amount shall be prorated on the basis of the Distributions actually made prior to the end of the Employment Term. For this purpose, the prorated bonus amount shall be equal to (i) the bonus amount Employee would have become entitled to receive if he had remained employed during the entire Wind-Down Period, multiplied by a fraction: (x) the numerator of which shall be the aggregate amount of Distributions during the Employment Term, and (y) the denominator of which shall be the aggregate amount of Distributions during the Wind-Down Period, minus (ii) any discretionary bonuses paid to Employee pursuant to Section 4(b). For purposes of this Agreement, “Disability” shall mean the Employee is disabled by any physical or mental condition that renders him unable to perform the essential functions of his position with or without reasonable accommodation as required by law for any period of ninety (90) consecutive days or an aggregate of one hundred twenty (120) days during any 12-month period.
Termination Upon Death or Disability of Employee. This Agreement shall terminate immediately upon Employee’s death or upon the Disability of Employee provided that employee (or his heirs) shall continue to receive base pay for six months.
Termination Upon Death or Disability of Employee. If the Employee’s employment hereunder is terminated by reason of the Death or Disability of Employee, the Employee (or Employee’s estate or beneficiary) shall be entitled to receive, in addition to the Accrued Rights, the bonus amounts to which Employee would thereafter have become entitled to receive under Section 7(c)(ii) above, which bonus amounts shall prorated on the basis of the Distributions actually made prior to the effective date of termination for the period(s) applicable to the bonus determination under Section 4 above. For this purpose, the prorated bonus amount for each applicable bonus period (the Wind Down Period and the applicable Section 4(b) annual period (Period 1, Period 2 or Period 3) shall be equal to the full maximum bonus amounts payable for each such period, as applicable, multiplied by a fraction: (i) the numerator of which shall be the aggregate amount of Distributions for the applicable period ending on the effective date of termination, by (y) the aggregate amount of Distributions for the entire applicable period including the effective date of termination.
Termination Upon Death or Disability of Employee. This Agreement shall terminate upon the disability (resulting from the Employee's inability, due to physical or mental illness, to perform his duties hereunder on a full-time basis for three consecutive months or an aggregate of 90 days within a one-year period) or death of the Employee, which event the Employee or his estate, legal representatives or designee shall be entitled to receive, in full satisfaction of all obligations due to the Employee by the Company hereunder:
(i) Within the first six months of employment the Employee is not entitled to any compensation.
(ii) After the first six months but before the end of the first term, the Company shall continue to pay the Employee the Employee's Base Salary for a period equal to the number of months then employed.
(iii) In any term subsequent to the first term, the Company shall continue to pay the Employee the Employee's Base Salary for a period equal to one year.
