Termination upon Death or Disability of Executive. 4.1.1 Executive’s employment hereunder and the Employment Period shall terminate immediately upon the death of Executive. In such event, all rights of Executive and/or Executive’s estate (or named beneficiary) shall cease except for the right to receive payment of the amounts set forth in Section 4.5.4 of the Agreement.
Termination upon Death or Disability of Executive a. Upon Executive’s death while employed pursuant to this Agreement, this Agreement will automatically terminate.
Termination upon Death or Disability of Executive. This Agreement shall terminate upon the death of Executive, or upon a reasonable, good faith determination by the Board that Executive has become Disabled (as defined below). In the event of a termination of this Agreement pursuant to this Section 5.3, Executive (or Executive's estate, if applicable) shall be entitled to his Base Salary and other benefits and bonuses through the Termination Date. For purposes of this Agreement, "Disabled" (or "Disability") shall have the meaning given to such term in the Partnership's long-term disability plan or, if no such plan exists, shall mean a physical or mental disability that is reasonably expected to render Executive incapable of performing his duties under this Agreement for a period of six months within any twelve-month period.
Termination upon Death or Disability of Executive. This Agreement shall terminate upon the death of Executive, or upon Executive becoming Disabled (as defined below). In the event of a termination of this Agreement pursuant to this Section 6.3, Executive (or Executive's estate, if applicable) shall be paid on termination the Earned Amounts. For purposes of this Agreement, "Disabled" shall mean that Executive shall have qualified for and be receiving benefits under the Company's long-term disability insurance plan or, if there is no such plan, that Executive shall have qualified for and be receiving disability benefits under the federal Social Security Act.
Termination upon Death or Disability of Executive. This Agreement shall terminate immediately upon Executive's death, subject to the payment of Executive's base salary for a ninety (90) day period after death. This Agreement shall also terminate on the continued disability of Executive for a consecutive period of ninety (90) days. For purposes of this paragraph "disability" shall be defined as the inability of Executive to substantially perform his duties as president, chief executive officer, and a member of the board of directors of Sensar.
Termination upon Death or Disability of Executive. This Agreement shall terminate immediately upon Executive’s death or upon the Disability of Executive. In the event Executive’s employment is terminated in accordance with this Subsection 6(b), the Company shall provide to Executive the Disability Termination Compensation as provided in Subsection 18(j).
Termination upon Death or Disability of Executive. If the Executive dies or becomes Disabled during the Term hereof, this Employment Agreement will terminate in accordance with Section 1(e) hereof; provided, however, that in any such event, NATCO will pay to the Executive, or to his estate or designated beneficiary, as the case may be, (i) a lump sum in cash equal to the Executive's Base Salary through the date of termination, to the extent not theretofore paid, and (ii) such other benefits that have vested in the Executive at the time of such termination as a result of his participation in any benefits plans of NATCO or any of its affiliates, in accordance with and subject to the provisions of such plans. Any Bonus Compensation that has been earned under the Bonus Plan, the payment of which has been deferred under the terms of the Bonus Plan, will be paid to the Executive, or to his estate or designated beneficiary, as the case may be, in accordance with the terms of the Bonus Plan.
Termination upon Death or Disability of Executive. If the Executive dies or becomes Disabled during the Term hereof, this Employment Agreement will terminate in accordance with Paragraph 1(e) hereof; provided, however, that in any such event NATCO will pay to the Executive, or to his estate or designated beneficiary, as the case may be, (i) a lump sum in cash equal to the Executive's Base Salary through the date of termination, to the extent not theretofore paid, (ii) such other benefits that have vested in the Executive at the time of such termination as a result of his participation in any benefits plans of NATCO or any of its affiliates, in accordance with and subject to the provisions of such plans, (iii) an amount equal to $388,470, (iv), the full amount of any bonus to which the Executive was or would have become entitled to for fiscal year 2005, to the extent such bonus has not already been paid to the Executive, and (v) if the Executive dies or becomes Disabled during fiscal year 2006, an amount equal to the Executive's pro rata bonus for the period ending with his Date of Termination, payable in accordance with the terms of the applicable bonus plan then in effect.
Termination upon Death or Disability of Executive. This Agreement shall terminate immediately upon Executive's death. If this Agreement is terminated as a result of Executive's death, EuroGas shall continue to provide Executive's estate with all of the compensation provided in Section 4 until the first anniversary of such termination and the benefits provided in Subsection 6(c)(B) below. This Agreement may be terminated in accordance with Subsection 5(a) if Executive becomes totally disabled, as defined in Subsection 5(b). If this Agreement is terminated because of Executive's total disability, EuroGas shall have no obligation to provide further compensation to the Executive except for compensation previously accrued, provided that Executive shall receive the benefits provided in Subsection 6(c)(B) below.
Termination upon Death or Disability of Executive. This Agreement shall terminate upon the death of Executive or upon Executive becoming Disabled (as defined below). In the event of a termination of this Agreement pursuant to this Section 5.3, Executive (or Executive's estate, if applicable) shall be paid on termination the Earned Amount and the Company shall have no further liability or obligations to Executive pursuant to this Agreement. For purposes of this Agreement, "Disabled" shall mean that Executive shall have incurred a mental or physical disability that has prevented Executive from substantially performing his duties under this Agreement for a period of 30 days within any 45 day period.
