Common use of Termination upon Disability Clause in Contracts

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date such termination is effective.

Appears in 8 contracts

Samples: Employment Agreement (Security With Advanced Technology, Inc.), Employment Agreement (A4s Technologies Inc), Employment Agreement (A4s Security, Inc.)

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Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 8 contracts

Samples: Employment Agreement (Znergy, Inc.), Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (Innovative Software Technologies Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay Executive his Salary, and shall provide Executive with all benefits to which Executive is entitled immediately prior to such termination, through the Executive remainder of the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the three consecutive months thereafter.

Appears in 8 contracts

Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 7 contracts

Samples: Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Go2pharmacy Com Inc), Employment Agreement (Go2pharmacy Com Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 5 contracts

Samples: Escrow Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the three consecutive months thereafter.

Appears in 5 contracts

Samples: Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Integrated Communication Networks Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.26.4, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and any right to receive any additional options for Parent Stock shall be cancelled.

Appears in 4 contracts

Samples: Employment Agreement (Xfone Inc), Employment Agreement (Xfone Inc), Employment Agreement (Xfone Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer Company will pay to the Executive the Executive’s Salary in periodic installments according to through the Employer’s customary payroll practices until six months after remainder of the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three (3) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Company to the Executive.

Appears in 4 contracts

Samples: Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 4 contracts

Samples: Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc), Employment Agreement (Primal Solutions Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disabilityDisability, as determined under Section 6.24.2, the Employer Company will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.

Appears in 3 contracts

Samples: Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc)

Termination upon Disability. If this Agreement is terminated by either party --------------------------- as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) twelve consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 3 contracts

Samples: Employment Agreement (Freestar Technologies), Employment Agreement (Freestar Technologies), Employment Agreement (Freestar Technologies)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2Disability, the Employer will pay the Executive her Basic Compensation through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar quarter during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under any disability insurance coverage furnished by the Employer to the Executive.

Appears in 3 contracts

Samples: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive, if any.

Appears in 3 contracts

Samples: Employment Agreement (Gunther International LTD), Employment Agreement (Gunther International LTD), Employment Agreement (Gunther International LTD)

Termination upon Disability. If this Agreement is terminated by either a party as a result of the Executive’s disabilityDisability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and Executive will not be entitled to any additional compensation, including any Incentive Compensation for the year during which such termination occurs or any subsequent year of the Employment Period.

Appears in 3 contracts

Samples: Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three (3) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Allis Chalmers Corp), Employment Agreement (Allis Chalmers Corp)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three (3) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Metrocorp Bancshares Inc), Employment Agreement (Metrocorp Bancshares Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Znergy, Inc.), Employment Agreement (Znergy, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2's Disability, the Employer will pay the Executive his Basic Compensation through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar quarter during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under any disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Stonepath Group Inc), Employment Agreement (Stonepath Group Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay Executive his Salary and Benefits, pursuant to such Benefit plans only as provided in such Benefit plans for the Executive remainder of the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and the six (6) consecutive months thereafter; provided, however, that the amount of any Salary received during such period shall be reduced by the amount of disability insurance benefits actually received by Executive under any disability insurance coverage furnished by Employer to Executive.

Appears in 2 contracts

Samples: Executive Employment Agreement (Astera Labs, Inc.), Executive Employment Agreement (Astera Labs, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.

Appears in 2 contracts

Samples: Employment Agreement (Eagle Supply Group Inc), Employment Agreement (Eagle Supply Group Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.effective and for the lesser of (i) six consecutive months thereafter, or

Appears in 2 contracts

Samples: Employment Agreement (Nutriceuticals Com Corp), Employment Agreement (Nutriceuticals Com Corp)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2Disability, the Employer will pay the Executive his Basic Compensation through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar quarter during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under any disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until three months (provided that after one year of the Executive’s continuous employment with the Employer, this period of time shall be extended to six months months) after the date such termination is effective.

Appears in 2 contracts

Samples: Employment Agreement (Security With Advanced Technology, Inc.), Employment Agreement (A4s Security, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) 3 consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Bekem Metals Inc), Employment Agreement (Bekem Metals Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay Executive his Salary, and shall provide Executive with all benefits to which Executive is entitled immediately prior to such termination. The term and amount of payment will be made as if the Executive the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date such termination is effectivehad occurred under section 6.5(a) of this agreement.

Appears in 2 contracts

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

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence, if any, under disability insurance coverage furnished by the Employer or the Executive.

Appears in 2 contracts

Samples: Employment Agreement (BMB Munai Inc), Employment Agreement (BMB Munai Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.23.2, the Employer will continue to pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of twelve consecutive months thereafter or the period until disability insurance benefits commence under any disability insurance coverage furnished by the Employer to the Executive.

Appears in 2 contracts

Samples: Employment Agreement (Continental Conveyor & Equipment Co), Employment Agreement (Continental Conveyor & Equipment Co)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.26.4, the Employer will pay the Executive her Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and any right to receive any additional options for Parent Stock shall be cancelled.

Appears in 2 contracts

Samples: Employment Agreement (Xfone Inc), Employment Agreement (Xfone Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2SECTION 6(b), the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which such termination is effective, prorated through the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Iti Technologies Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six three months after the date such termination is effective.

Appears in 1 contract

Samples: Employment Agreement (A4s Technologies Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.24.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of twelve consecutive months thereafter or the period until disability insurance benefits commence under any disability insurance coverage furnished by the Employer to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Continental Conveyor & Equipment Co)

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Termination upon Disability. If this This Agreement is terminated by either party as a result of the shall terminate upon Executive’s disability, as determined under Section 6.2, defined below. Executive shall be entitled to receive (i) the Employer will pay Base Salary and other accrued but unpaid bonus and benefits earned up to the Executive date of Executive’s disability and (ii) payments equal to the Executive’s then current Base Salary in periodic installments according to for a period of six (6) months payable on the EmployerCompany’s customary then current payroll practices until during the six (6) months after the date such termination is effectiveor in one lump sum, at the Executive’s discretion.

Appears in 1 contract

Samples: Employment Agreement (Red Trail Energy, LLC)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.26.2 hereof, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.25.02, the Employer Company will pay Executive his Base compensation through the Executive remainder of the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective, and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Company to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Deep Down, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary end of the calendar month in periodic installments according to the Employer’s customary payroll practices until six months after the date such termination determination of disability is effectivedetermined.

Appears in 1 contract

Samples: Employment Agreement (Showpower Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2Disability, the Employer will continue to pay to the Executive his Salary through the Executive’s Salary end of the month in periodic installments according which the Disability is deemed to the Employer’s customary payroll practices until six months after the date such termination is effectivehave occurred.

Appears in 1 contract

Samples: Employment Agreement (Patrick Industries Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) three consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 1 contract

Samples: Escrow Agreement (Primal Solutions Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive the Executive’s his Salary in periodic installments according to the Employer’s customary payroll practices until six months and normal disability and medical insurance benefits for a period of one (1) year after the date such of termination is effectivefor disability.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will shall pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.effective and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under any disability insurance coverage furnished by Employer to the Executive. (c)

Appears in 1 contract

Samples: Employment Agreement (Shaw Industries Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.02, the Employer Company will pay Executive his Base compensation through the Executive remainder of the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective, and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Company to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Arrayit Diagnostics, Inc.)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.2, the Employer Company will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective, or until the Executive is entitled to disability payments, whichever is longer.

Appears in 1 contract

Samples: Employment Agreement (Microsignal Corp/Nv)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Allis Chalmers Corp)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability's Disability, as determined under Section 6.25.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Innovative Software Technologies Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer Company will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective.termination

Appears in 1 contract

Samples: Employment Agreement (Hach Co)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the remainder of the calendar month during which such termination is effective and for the lesser of (i) three (3) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive’s Salary , at the same time and in periodic installments according to the same manner as the Employer’s customary payroll practices until six months after the date such termination is effectivepractices.

Appears in 1 contract

Samples: Employment Agreement (Metrocorp Bancshares Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six (6) consecutive months thereafter, or (ii) the period until disability insurance benefits commence, if any, under disability insurance coverage furnished by the Employer or the Executive.

Appears in 1 contract

Samples: Employment Agreement (BMB Munai Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.25.02, the Employer Company will pay Executive his Base compensation through the Executive remainder of the Executive’s Salary in periodic installments according to the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective, and for the lesser of (i) twelve (12) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Company to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Mint Leasing Inc)

Termination upon Disability. If this Agreement is terminated by either party --------------------------- as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the lesser of (i) six consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive.

Appears in 1 contract

Samples: Employment Agreement (Webb Interactive Services Inc)

Termination upon Disability. If this Agreement is terminated by either with party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective and for the three (3) consecutive months thereafter.

Appears in 1 contract

Samples: Employment Agreement (Integrated Communication Networks Inc)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer Company will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effective. Any bonuses which the Executive would have become entitled to for the fiscal year in which termination occurs, shall when determined, be prorated and paid to the termination date.

Appears in 1 contract

Samples: Employment Agreement (Hach Co)

Termination upon Disability. If this Agreement is terminated by either party as a result of the Executive’s 's disability, as determined under Section 6.2, the Employer will pay the Executive his Salary through the Executive’s Salary in periodic installments according to remainder of the Employer’s customary payroll practices until six months after the date calendar month during which such termination is effectiveeffective [and for the lesser of (i) consecutive months thereafter, or (ii) the period until disability insurance benefits commence under the disability insurance coverage furnished by the Employer to the Executive].

Appears in 1 contract

Samples: Employment Agreement

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