Common use of Death or Disability of the Executive Clause in Contracts

Death or Disability of the Executive. Executive's employment shall automatically terminate upon the death of the Executive and, at the option of the Company as determined by the Board of Directors, upon the Disability (as hereinafter defined) of Executive. "

Appears in 5 contracts

Samples: Employment Agreement (Divine Inc), Employment Agreement (Platinum Entertainment Inc), Employment Agreement (Divine Inc)

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Death or Disability of the Executive. Executive's employment shall automatically terminate upon the death of the Executive and, at the option of the Company as determined by the Board of Directors, upon the Disability (as hereinafter defined) of Executive. "Disability," as used herein, shall be deemed to have occurred whenever the Board determines, that in its judgment Executive has suffered physical or mental illness, injury or infirmity of such a nature, degree or effect as to render Executive, for a significant period of time, substantially unable to perform his duties as delineated in paragraph 3 hereof.

Appears in 2 contracts

Samples: Employment Agreement (Platinum Technology Inc), Employment Agreement (Platinum Technology Inc)

Death or Disability of the Executive. Executive's employment shall automatically terminate upon the death of the Executive and, at the option of the Company as determined by the Board of Directors, upon the Disability (as hereinafter defined) of Executive. "Disability

Appears in 1 contract

Samples: Employment Agreement (Platinum Entertainment Inc)

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Death or Disability of the Executive. Executive's employment shall automatically terminate upon the death of the Executive and, at the option of the Company as determined by the Board of Directors, upon the Disability (as hereinafter defined) of Executive. "by

Appears in 1 contract

Samples: Employment Agreement (Platinum Technology Inc)

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