UPON TERMINATION FOR DEATH OR DISABILITY Sample Clauses

UPON TERMINATION FOR DEATH OR DISABILITY. If the Executive’s employment hereunder is terminated by reason of the Executive’s death or Total Disability, the Company will:
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UPON TERMINATION FOR DEATH OR DISABILITY. Upon termination of the Executive’s employment because of death, the Corporation will pay an amount equal to the post-termination salary provided for in Section 9(a) (i) (B) above to the Executive’s estate in a lump sum. Upon termination of the Executive’s employment because of Disability, the Corporation will pay an amount equal to the post-termination salary provided for in Section 9(a)(i)(B) to the Executive in a lump sum and will provide the post-termination medical benefits provided for in Section 9(a)(i)(C). A lump sum payment made pursuant to this Section 9(c) shall be made as soon as practicable following the Executive’s Termination of Employment but, in all events, shall be made before March 15 of the calendar year following the calendar year in which the Executive’s death or Disability occurs.
Sample 1
UPON TERMINATION FOR DEATH OR DISABILITY. (i) Upon termination of the Executive’s employment because of death, the Corporation will pay an amount equal to the post-termination salary provided for in Section 9(a)(i)(B) above to the Executive’s estate in a lump sum. A lump sum payment made pursuant to this Section 9(c) shall be made as soon as practicable following the Executive’s Termination of Employment but, in all events, shall be made before March 15 of the calendar year following the calendar year in which the Executive’s death or Disability occurs.
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UPON TERMINATION FOR DEATH OR DISABILITY. Upon termination of the Executive's employment because of Disability, the Corporation will provide the amounts provided for in paragraph 9(a) above.
Sample 1
UPON TERMINATION FOR DEATH OR DISABILITY. (i) Upon termination of the Executive's employment because of death, in addition to the payments pursuant to Section 9(a)(i)(A), the Corporation will pay an amount equal to the post-termination salary provided for in Section 9(a)(i)(B) above to the Executive’s estate in a lump sum. A lump sum payment made pursuant to this Section 9(c) shall be made as soon as practicable following the Executive’s Termination of Employment but, in all events, shall be made before March 15 of the calendar year following the calendar year in which the Executive’s death or Disability occurs.
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Related to UPON TERMINATION FOR DEATH OR DISABILITY

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

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