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 during the term of this Agreement, Executive's employment hereunder shall automatically terminate; provided, however, that in the event of Executive's death or total disability, Executive shall be entitled to receive the Base Salary which would have otherwise been paid to him, but for the death or total disability for a period of the lesser of six (6) months or (ii) the remainder of the term of this Agreement. For these purposes, Executive shall be deemed totally disabled if Executive has, in fact, not fully discharged Executive's duties hereunder for a period of one hundred eighty (180) days due to a physical or mental incapacitation.

Appears in 3 contracts

Samples: Employment Agreement (Fitzgeralds Gaming Corp), Employment Agreement (Fitzgeralds Gaming Corp), Employment Agreement (Fitzgeralds Gaming Corp)

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Death or Total Disability of Executive. If Executive dies or becomes totally disabled during the term of this Agreement, Executive's employment hereunder shall automatically terminate; provided, however, that in the event of Executive's death or total disability, Executive shall be entitled to receive the Base Salary which would have otherwise been paid to him, but for the death or total disability for a period of the lesser of six (6i) months one (1) year or (ii) the remainder of the term of this Agreement. For these purposes, Executive shall be deemed totally disabled if Executive has, in fact, not fully discharged Executive's duties hereunder for a period of one hundred eighty (180) days due to a physical or mental incapacitation.

Appears in 1 contract

Samples: Employment Agreement (Fitzgeralds Gaming Corp)

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