Examples of Inability to Perform in a sentence
This Agreement shall terminate immediately if the Executive dies and may be terminated upon notice to the Executive by the Company of his Inability to Perform (as defined below).
If Executive’s employment hereunder shall terminate on account of his death or Inability to Perform, then all compensation and all benefits to Executive hereunder shall terminate contemporaneously with such termination of employment, except that Executive (or Executive’s legal representative, estate, and/or beneficiaries, as the case may be) shall be entitled to receive the Accrued Obligations (as defined below).
For the avoidance of doubt, Executive shall not be entitled to the Separation Benefits if this Agreement is terminated (i) due to Executive’s death; (ii) by the Company due to Executive’s Inability to Perform; (iii) by the Company for Cause; (iv) by Executive without Good Reason; or (v) by non-renewal by Executive in accordance with Sections 3(b) and 5(f).
For the avoidance of doubt, Executive shall not be entitled to the Change-in-Control Benefits if this Agreement is terminated (i) due to Executive’s death; (ii) by the Company due to Executive’s Inability to Perform; (iii) by the Company for Cause; (iv) by Executive without Good Reason; or (v) by non-renewal by Executive in accordance with Sections 3(b) and 5(f).
The Company may terminate this Agreement for no reason or any reason other than death, Inability to Perform, or for Cause by providing at least fifteen (15) days’ advance written notice to Executive that the Company is terminating the Agreement without Cause.