By Death or Disability. In the event of the Employee's death, his annual compensation including all increases and benefits will continue to be paid to his Beneficiary following his death to the full term of this Agreement. In the event of disability, the Employee shall be paid his annual compensation including all annual increases and benefits on a continual basis to the full term of this Agreement and all possible extensions; and thereafter, until he either returns to full-time service, he shall be treated as being on an authorized leave of absence with full pay and benefits.
Appears in 4 contracts
Samples: Employment Agreement (Teltronics Inc), Employment Agreement (Teltronics Inc), Employment Agreement (Teltronics Inc)
By Death or Disability. In the event of the Employee's death, his annual full compensation otherwise due for the full term of the contract, including all increases extensions and benefits will continue to options, following his death shall be paid to his Beneficiary following his death to the full term of this AgreementBeneficiary. In the event of his disability, the Employee shall be paid his annual compensation including all annual increases and benefits on a continual basis to the receive full term of pay under this Agreement and all possible extensions; and thereafter, until he either returns to full-time servicework or death occurs (in which case, he shall be treated as being on an authorized leave of absence with full pay and benefitssee Death Benefits).
Appears in 2 contracts
Samples: Employment Agreement (V Gpo Inc), Employment Agreement (V Gpo Inc)