Total and Permanent Disability Clause Samples
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Total and Permanent Disability. If Optionee’s employment is terminated by the Corporation by reason of Total and Permanent Disability, then the Option will expire on the third (3rd) anniversary of such Termination Date (but in no event later than on the tenth (10th) anniversary of the Grant Date).
Total and Permanent Disability. All unvested Units shall fully vest upon Grantee’s termination of employment with Motorola and its Subsidiaries due to Total and Permanent Disability (as defined in Section 20 below).
Total and Permanent Disability. Instead of the definition at Plan Section 1.83, Total and Permanent Disability means:
Total and Permanent Disability. All unvested Units shall fully vest upon your termination of employment with Motorola Solutions and its Subsidiaries due to Total and Permanent Disability (as defined in Section 26 below).
Total and Permanent Disability. Total and permanent disability means any disability which due to bodily injury or disease permanently prevents a member from engaging in his occupation or employment with the Company for which he is qualified, provided that it does not arise from or consists of service in the armed forces of any country, wilfully self-inflicted injury, or engagement in a criminal enterprise. If a member who has at least ten (10) years of pensionable service to his credit becomes totally and permanently disabled, he shall, provided he is not in receipt of Worker’s Compensation payments, be eligible for retirement on a pension which would commence on the first (1st) day of the month following certification of total and permanent disability. This pension will be based on the total pension credited to him up to date of total disability. This pension will be payable by monthly instalments during the lifetime of the member. If a member who has retired on total disability returns to active employment, pension payments will cease. If the member later retires his pension at that time will be the pension for pensionable service prior to the time of his disability retirement plus the pension for pensionable service subsequent to his return to employment. If such member does not return to active employment with the Company he will be entitled to benefits in accordance with Clause A.10 Termination of Employment in respect of pension for pensionable service prior to his date of total disability. Total and permanent disability shall be certified in the first instance by a physician appointed by the Company. If the member wishes to have the decision reviewed he may submit to an examination by a physician of his own choice. If the finding of his physician is at variance with the Company’s physician and this difference is not resolved by them, the two physicians shall appoint a third (3rd) physician, whose decision shall be final.
Total and Permanent Disability. With respect to a Unit Owner, the inability of the person to perform all of the substantial and material duties and functions of his or her occupation such person was performing at the time of becoming a Unit Owner.
Total and Permanent Disability. In the event Employee suffers Total and Permanent Disability, the Company may terminate Employee's employment. Upon termination by reason of Total and Permanent Disability the Company shall pay to Employee such benefits as may be provided to officers of the Company under any Company provided disability insurance or similar policy or under any Company adopted disability plan and in the absence of any such policy or plan shall continue to pay to Employee for a period of not less than six months the Compensation then in effect as of the effective date of Employee's termination. Nothing contained herein shall be construed to affect Employee's rights under any disability insurance or similar policy, whether maintained by the Company, Employee or another party.
Total and Permanent Disability. In the event Employee suffers Total and Permanent Disability, the Company may terminate Employee's employment. Upon termination by reason of Total and Permanent Disability, the Company shall pay to Employee such benefits as may be provided to officers of the Company under any Company provided disability insurance or similar policy or under any Company adopted disability plan and in the absence of any such policy or plan shall continue to pay to Employee for a period of not less than six (6) months the Compensation then in effect as of the effective date of Employee's termination. Employee agrees, in the event of any dispute under this Section as to the existence of Total and Permanent Disability, to submit to a physical examination by a licensed physician selected by the Company, the cost of such examination to be paid by the Company, and the decision as to Employee's disability shall be conclusive and binding upon the Company and Employee. Nothing contained herein shall be construed to affect Employee's rights under any disability insurance or similar policy, whether maintained by the Company, Employee or another party.
Total and Permanent Disability. If Optionee ceases to be an employee of the Company or a subsidiary by reason of Optionee’s total and permanent disability, Optionee or Optionee’s legal guardian, as appropriate, shall have the right up to one (1) year from the date of Optionee's cessation of employment to exercise this option.
Total and Permanent Disability. (TPD): In the event of total and permanent disability (as defined in CyberCorps® SFS Rule, 45 CFR 620.5), the CyberCorps® SFS scholarship recipient will be discharged from the service or repayment obligation if SFS Program Office is notified with acceptable documentation.