Examples of Disability Determination Date in a sentence
If Executive becomes Substantially Disabled (as hereinafter defined) and Executive’s full-time employment with Bank is terminated by Bank prior to the Full Benefits Date as a result, Bank shall pay to Executive the Limited Benefit annually, payable monthly beginning on the first business day of the calendar month following the Disability Determination Date (as hereinafter defined).
If Executive becomes deceased after the Disability Determination Date, but prior to the fifteenth (15th) anniversary of the Disability Determination Date, payments shall continue to be paid to the Executive’s beneficiary, determined in accordance with Section 13, at the same time and in the same form as they would have been paid to Executive had Executive not died until (but including) the fifteenth (15th) anniversary of the Disability Determination Date.
If Executive becomes deceased after the Disability Determination Date, but prior to the fifteenth (15th) anniversary of the Disability Determination Date, payments shall continue to be paid to the Executive’s beneficiary, determined in accordance with Section 13, at the same time and in the same form as they would have been paid to Executive had Executive not deceased until (but including) the fifteenth (15th) anniversary of the Disability Determination Date.
Salary increases that would have been effective after the Disability Determination Date will not increase the Disability benefit payable under the Plan.
Permanent disability shall mean that the Executive is unable to substantially perform Executive's duties under this Agreement for a continuous period of six (6) months or for an aggregate of nine (9) months during any twelve (12) month period, as determined by a physician selected by the Company (the "Disability Determination Date") and reasonably satisfactory to the Executive (or if Executive is unable to act, Executive's spouse or eldest child).
Upon Executive’s permanent disability, the Executive shall receive all accrued but unpaid salary, and any bonus or other benefits accrued as of the Disability Determination Date.
The Disability benefit will be payable monthly in lieu of regular salary or wages, commencing on the Disability Determination Date and ending on the earlier of (a) the date the Regional Pension Participant ceases to be Disabled or (b) the first day of the month next following the Regional Pension Participant’s 65th birthday.
Upon Executive's permanent disability, the Executive shall receive (i) all accrued but unpaid base salary and bonus and (ii) other benefits (but not including bonus) accrued as of the Disability Determination Date.
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