Common use of Termination upon Death or Disability of Executive Clause in Contracts

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.