Common use of Without Cause, Death or Disability Clause in Contracts

Without Cause, Death or Disability. If the Executive’s employment hereunder is terminated by the Company (a) without Cause or (b) by reason of death or Disability, and the Executive executes a separation agreement with a release of claims agreeable to the Company (to the extent that the Executive is physically and mentally capable to execute such an agreement), the ongoing compensation obligations specified in Section 3 shall be discontinued as of the date of termination and the Company shall thereafter timely remit the amounts and provide the Executive the benefits as follows:

Appears in 1 contract

Samples: Employment Agreement (Spectrum Brands, Inc.)

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Without Cause, Death or Disability. If the Executive’s employment hereunder is terminated by the Company (aCompany(a) without Cause or (b) by reason of death or Disabilitydisability, and the Executive executes a separation agreement with a release of claims agreeable to the Company (to the extent that the Executive is physically and mentally capable to execute such an agreement), the ongoing compensation obligations specified in Section 3 shall be discontinued as of the date of termination and then the Company shall thereafter timely remit pay the Executive the amounts and provide the Executive the benefits as follows:

Appears in 1 contract

Samples: Employment Agreement (Rayovac Corp)

Without Cause, Death or Disability. If the Executive’s employment hereunder is terminated as a result of death or Disability or by the Company (a) without Cause or (b) by reason of death or Disability, and the Executive executes a separation agreement with a release of claims agreeable to the Company (to the extent that the Executive is physically and mentally capable to execute such an agreement), the ongoing compensation obligations specified in Section 3 shall be discontinued as of the date of termination and then the Company shall thereafter timely remit pay the Executive the amounts and provide the Executive the benefits as follows:

Appears in 1 contract

Samples: Employment Agreement (Spectrum Brands, Inc.)

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Without Cause, Death or Disability. If the Executive’s employment hereunder is terminated by the Company (a) without Cause or (b) by reason of death or DisabilityDisability or (c) by virtue of the non-renewal of this Agreement pursuant to Section 2, and the Executive executes a separation agreement with a release of claims agreeable to the Company (to the extent that the Executive is physically and mentally capable to execute such an agreement), the ongoing compensation obligations specified in Section 3 shall be discontinued as of the date of termination and the Company shall thereafter timely remit the amounts and provide the Executive the benefits as follows:a

Appears in 1 contract

Samples: Employment Agreement (Spectrum Brands, Inc.)

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