Common use of Termination Upon Permanent Disability Clause in Contracts

Termination Upon Permanent Disability. Executive’s employment under this Agreement may be immediately terminated by the Company upon written notice to Executive of a termination for the Permanent Disability of Executive and without further obligation by the Company, except for (i) payment of all amounts of base salary compensation and expense reimbursement accrued and unpaid to the effective date of termination (ii) a Pro Rated Bonus and (iii) as otherwise required by law.

Appears in 4 contracts

Samples: Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.), Executive Employment Agreement (Telx Group, Inc.)

AutoNDA by SimpleDocs

Termination Upon Permanent Disability. Executive’s employment under this Agreement may be immediately terminated by the Company upon written notice to Executive of a termination for the Permanent Disability permanent disability of Executive and without Executive. Upon termination pursuant to this Section 3(f), the Company shall have no further obligation by the Companyto Executive, except for (i) payment of all amounts of base salary compensation and expense reimbursement accrued and unpaid to the effective date of termination (ii) a Pro Rated Bonus and (iii) termination, except as otherwise required by law.

Appears in 4 contracts

Samples: Executive Employment Agreement (TriSalus Life Sciences, Inc.), Executive Employment Agreement (MedTech Acquisition Corp), Executive Employment Agreement (MedTech Acquisition Corp)

AutoNDA by SimpleDocs

Termination Upon Permanent Disability. Executive’s employment under this Agreement may be immediately terminated by the Company upon written notice to Executive of a termination for the Permanent Disability of Executive and without Executive. Upon termination pursuant to this Section 3(f), the Company shall have no further obligation by the Companyto Executive, except for (i) payment of all amounts of base salary compensation and expense reimbursement accrued and unpaid to the effective date of termination (ii) a Pro Rated Bonus and (iii) termination, except as otherwise required by law.

Appears in 3 contracts

Samples: Executive Employment Agreement (MedTech Acquisition Corp), Executive Employment Agreement (MedTech Acquisition Corp), Executive Employment Agreement (MedTech Acquisition Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.