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

Death or Total Disability of Executive. If Executive dies, or becomes totally disabled (for a period of more than six (6) consecutive weeks), during the term of this Agreement, Executive's employment under this Agreement shall automatically terminate and all of Executive's benefits and all payments to Executive under this Agreement shall immediately terminate.

Appears in 4 contracts

Samples: Employment Agreement (Amtec Inc), Employment Agreement (Aspac Communcations Inc), Employment Agreement (Amtec Inc)

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Death or Total Disability of Executive. If Executive dies, or becomes totally disabled (for a period of more than six (6six(6) consecutive weeks), during the term of this Agreement, Executive's employment under this Agreement shall automatically terminate and all terminate; provided that, in such event of death or total disability, Executive's benefits and all payments stock options under paragraph 4.1 hereof, to Executive under this Agreement the extent not already vested, shall immediately terminatevest immediately.

Appears in 3 contracts

Samples: Employment Agreement (Amtec Inc), Employment Agreement (Amtec Inc), Employment Agreement (Amtec Inc)

Death or Total Disability of Executive. If Executive dies, or becomes totally disabled (for a period of more than six (6) consecutive weeks), during the term of this Agreement, Executive's employment under this Agreement shall automatically terminate and all terminate; provided that, in such event of death or total disability, Executive's benefits and all payments stock options under paragraph 4.7 hereof, to Executive under this Agreement the extent not already vested, shall immediately terminatevest immediately.

Appears in 2 contracts

Samples: Employment Agreement (Amtec Inc), Employment Agreement (Amtec Inc)

Death or Total Disability of Executive. If Executive dies, or becomes totally disabled (for a period of more than six (6) consecutive weeks), during the term of this Agreement, Executive's employment under this Agreement shall automatically terminate and all terminate; provided that, in such event of death or total disability, Executive's benefits and all payments stock options under paragraph 4.1 hereof, to Executive under this Agreement the extent not already vested, shall immediately terminatevest immediately.

Appears in 1 contract

Samples: Employment Agreement (Terremark Worldwide Inc)

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Death or Total Disability of Executive. If Executive dies, or becomes totally disabled (for a period of more than six (6) consecutive weeks), during the term of this Agreement, Executive's employment under this Agreement shall automatically terminate and all of Executive's benefits and all payments to Executive under this Agreement shall immediately terminate. 7.

Appears in 1 contract

Samples: Employment Agreement (Aspac Communcations Inc)

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