Common use of Disability or Death Clause in Contracts

Disability or Death. If, during the Employment Period, the Executive is incapacitated or disabled by accident, sickness or otherwise (a “Disability”) so as to render the Executive mentally or physically incapable of performing the services required to be performed by the Executive under this Agreement for any period of 90 consecutive days or for an aggregate of 180 days in any period of 360 consecutive days, the Company may, at any time thereafter, at its option, terminate the Executive’s employment under this Agreement immediately upon giving the Executive written notice to that effect. In the event of the Executive’s death, the Executive’s employment will be deemed terminated as of the date of death.

Appears in 30 contracts

Samples: Employment Agreement (Pacer International Inc), Employment Agreement (Pacer International Inc), Employment Agreement (Pacer International Inc)

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Disability or Death. If, during the Employment Period, the ------------------- Executive is incapacitated or disabled by accident, sickness or otherwise (hereinafter, a "Disability") so as to render the Executive mentally or ---------- physically incapable of performing the services required to be performed by the Executive under this Agreement for any period of 90 consecutive days or for an aggregate of 180 days in any period of 360 consecutive days, the Company may, at any time thereafter, at its option, terminate the Executive’s 's employment under this Agreement immediately upon giving the Executive written notice to that effect. In the event of the Executive’s 's death, the Executive’s 's employment will be deemed terminated as of the date of death.

Appears in 3 contracts

Samples: Employment Agreement (Pacer International Inc/Tn), Employment Agreement (Pacer International Inc/Tn), Employment Agreement (Pacer International Inc/Tn)

Disability or Death. If, during the Employment Period, the Executive is incapacitated or disabled by accident, sickness or otherwise (hereinafter, a “Disability”) so as to render the Executive mentally or physically incapable of performing the services required to be performed by the Executive under this Agreement for any period of 90 consecutive days or for an aggregate of 180 days in any period of 360 consecutive days, the Company may, at any time thereafter, at its option, terminate the Executive’s employment under this Agreement immediately upon giving the Executive written notice to that effect. In the event of the Executive’s death, the Executive’s employment will be deemed terminated as of the date of death.

Appears in 1 contract

Samples: Employment Agreement (Pacer International Inc)

Disability or Death. If, during the Employment Period, the Executive is incapacitated or disabled by accident, sickness or otherwise (hereinafter, a “Disability”) so as to render the Executive mentally or physically incapable of performing the services required to be performed by the Executive under this Agreement for any period of 90 consecutive days or for an aggregate of 180 days in any period of 360 consecutive daysdays occurring during the Employment Period, the Company may, at any time thereafter, at its option, terminate the Executive’s employment under this Agreement immediately upon giving the Executive written notice to that effect. In the event of the Executive’s death, the Executive’s employment will be deemed terminated as of the date of death.

Appears in 1 contract

Samples: Employment Agreement (Pacer International Inc/Tn)

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Disability or Death. If, during the Employment Period, the Executive is incapacitated or disabled by accident, sickness or otherwise (hereinafter, a "Disability") so as to render the Executive mentally or physically incapable of performing the services required to be performed by the Executive under this Agreement for any period of 90 consecutive days or for an aggregate of 180 days in any period of 360 consecutive days, the Company may, at any time thereafter, at its option, terminate the Executive’s 's employment under this Agreement immediately upon giving the Executive written notice to that effect. In the event of the Executive’s 's death, the Executive’s 's employment will be deemed terminated as of the date of death.

Appears in 1 contract

Samples: Employment Agreement (Pacer International Inc/Tn)

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