Common use of Upon Termination for Total Disability Clause in Contracts

Upon Termination for Total Disability. In the event that the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination Payment, and (ii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's employee benefit plans.

Appears in 8 contracts

Samples: Employment Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp)

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Upon Termination for Total Disability. In the event that the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination Payment, Payments and (ii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's ’s employee benefit plans.

Appears in 2 contracts

Samples: Employment Agreement (Vision-Ease Lens CORP), Employment Agreement (Vision-Ease Lens CORP)

Upon Termination for Total Disability. In the event that the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination PaymentPayments, (ii) the Company shall continue to pay the Annual Base Salary * in accordance with Section 2.1 for a period of six months following the Executive’s termination date, and (iiiii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's ’s employee benefit plans.

Appears in 1 contract

Samples: Employment Agreement (MergeWorthRx Corp.)

Upon Termination for Total Disability. In the event ------------------------------------- that the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination Payment, and (ii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's employee benefit plans.

Appears in 1 contract

Samples: Employment Agreement (Intelidata Technologies Corp)

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Upon Termination for Total Disability. In the event that the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his her Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination Payment, and (ii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's ’s employee benefit plans.

Appears in 1 contract

Samples: Employment Agreement (Intelidata Technologies Corp)

Upon Termination for Total Disability. In the event that ------------------------------------- the Company elects to terminate the employment of the Executive pursuant to Section 3.2(b) because of his Total Disability, (i) the Company shall pay to the Executive a lump-sum amount equal to the Standard Termination Payment, and (ii) the Executive shall be entitled to such disability and other employee benefits as may be provided under the terms of the Company's employee benefit plans.

Appears in 1 contract

Samples: Employment Agreement (Intelidata Technologies Corp)

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