Common use of Upon Death or Disability Clause in Contracts

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for a period of 180 consecutive days to perform the essential functions of the Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.

Appears in 1 contract

Samples: Employment Agreement (Freedom Securiteis Corp /De/)

AutoNDA by SimpleDocs

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for or a period of 180 consecutive days to perform the essential functions of the 3 Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these those two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.

Appears in 1 contract

Samples: Employment Agreement (Freedom Securities Corp /De/)

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for a period of 180 consecutive days to perform the essential functions of the Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.all

Appears in 1 contract

Samples: Employment Agreement (Freedom Securities Corp /De/)

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for a period of 180 consecutive days to perform the essential functions of the Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that PROVIDED THAT if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.all

Appears in 1 contract

Samples: Employment Agreement (Freedom Securiteis Corp /De/)

AutoNDA by SimpleDocs

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for a period of 180 consecutive days to perform the essential functions of the Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that PROVIDED THAT if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.

Appears in 1 contract

Samples: Employment Agreement (Freedom Securities Corp /De/)

Upon Death or Disability. This Agreement shall terminate on the date of the death or disability of the Executive. As used in this Agreement, the term "disability" shall mean the inability of the Executive, due to a physical or mental disability, for a period of 180 consecutive days to perform the essential functions of the Executive's position which are contemplated under this Agreement. A determination of disability shall be made by a physician satisfactory to both the Executive and the Company, provided that if the Executive and the Company do not agree on a physician, the Executive and the Company shall each select a physician and these two together shall select a third physician, whose determination as to disability shall be binding on all parties. The reasonable fees and expenses of any and all such physicians shall be borne by the Company.

Appears in 1 contract

Samples: Employment Agreement (Freedom Securities Corp /De/)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!