Common use of Upon Disability Clause in Contracts

Upon Disability. Should SPI terminate this --------------- agreement on account of Executive's Disability in accordance with paragraph 5.1.4 above, SPI shall pay to Executive an amount equal to the difference between (i) the base salary that would have been payable under paragraph 4 for the 24-month period beginning on the date of termination at the rate in effect on the date of termination and at the time such salary would otherwise have been payable, and (ii) the amount payable to Executive during such period under any long term disability arrangement or insurance policy maintained with respect to Executive's employment with SPI, except that SPI's obligation to pay such amount shall cease to the extent that payment by SPI would reduce the amount payable to Executive under any long term disability arrangement or insurance policy.

Upon Disability. Should SPI terminate this --------------- agreement on --------------- account of Executive's Disability in accordance with paragraph 5.1.4 above, SPI shall pay to Executive an amount equal to the difference between (i) the base salary that would have been payable under paragraph 4 for the 24-month period beginning on the date of termination at the rate in effect on the date of termination and at the time such salary would otherwise have been payable, and (ii) the amount payable to Executive during such period under any long term disability arrangement or insurance policy maintained with respect to Executive's employment with SPI, except that SPI's obligation to pay such amount shall cease to the extent that payment by SPI would reduce the amount payable to Executive under any long term disability arrangement or insurance policy.

Upon Disability. Should SPI terminate this --------------- agreement on account of Executive's Disability in accordance with paragraph 5.1.4 above, SPI shall pay to Executive an amount equal to the difference between (i) the base salary that would have been payable under paragraph 4 for the 24-month period beginning on the date of termination at the rate in effect on the date of termination and at the time such salary would otherwise have been payable, and (ii) the amount payable to Executive during such period under any long term disability arrangement or insurance policy maintained with respect to Executive's employment with SPI, except that SPI's obligation to pay such amount shall cease to the extent that payment by SPI would reduce the amount payable to Executive under any long term disability arrangement or insurance policy.