Common use of Death or Long-Term Disability Clause in Contracts

Death or Long-Term Disability. In the event of the Executive’s death or Long-Term Disability, the Executive (or his estate or personal representative) shall be entitled to receive (i) the proceeds of any life insurance policy carried by the Company with respect to the Executive, or (ii) payments pursuant to any long-term disability insurance policy carried by the Company with respect to the Executive, as applicable.

Appears in 5 contracts

Samples: Form of Executive Change in Control Agreement (Advanced Energy Industries Inc), Form of Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc)

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Death or Long-Term Disability. In the event of the Executive’s death or Long-Term Disability, the Executive (or his estate or personal representative) shall be entitled to receive (i) the proceeds of any life insurance policy carried by the Company with respect to the Executive, or (ii) payments pursuant to any long-term disability insurance policy carried by the Company with respect to the Executive, as applicable.

Appears in 5 contracts

Samples: Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc)

Death or Long-Term Disability. In the event of the Executive’s 's death or Long-Term Disability, the Executive (or his estate or personal representative) shall be entitled to receive (i) the proceeds of any life insurance policy carried by the Company with respect to the Executive, or (ii) payments pursuant to any long-term disability insurance policy carried by the Company with respect to the Executive, as applicable.

Appears in 2 contracts

Samples: Executive Change in Control Agreement (Advanced Energy Industries Inc), Executive Change in Control Agreement (Advanced Energy Industries Inc)

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Death or Long-Term Disability. In the event of the Executive’s death or Long-Term Disability, the Executive (or his estate or personal representative) shall be entitled to receive (i) the proceeds of any life insurance policy carried by the Company with respect to the Executive, or (ii) payments pursuant to any long-term disability insurance policy carried by the Company with respect to the Executive, as applicable.. (e)

Appears in 1 contract

Samples: Control Agreement

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