Common use of Upon Disability Clause in Contracts

Upon Disability. The Corporation may terminate the Employee’s employment upon the Employee’s total disability. The Employee shall be deemed to be totally disabled if he is unable to perform his duties under this Agreement by reason of mental or physical illness or accident for a period of three consecutive months (the date of finding of disability of Employee shall be three months following the first day the Employee is unable to work). Upon termination by reason of the Employee’s disability, the Corporation’s sole and exclusive obligation will be to pay the Employee under the Corporation’s disability policy or his compensation for one year following such termination, whichever is greater.

Upon Disability. The Corporation may terminate the Employee’s 's employment upon the Employee’s 's total disability. The Employee shall be deemed to be totally disabled if he is unable to perform his duties under this Agreement by reason of mental or physical illness or accident for a period of three consecutive months (the date of finding of disability of Employee shall be three months following the first day the Employee is unable to work). Upon termination by reason of the Employee’s 's disability, the Corporation’s 's sole and exclusive obligation will be to pay the Employee under the Corporation’s 's disability policy or his compensation for one year following such termination, whichever is greater.