Common use of Death, Total Disability or Retirement Clause in Contracts

Death, Total Disability or Retirement. Employee’s employment shall terminate upon his death or retirement. If, as a result of his incapacity resulting from physical or mental illness or disease which is likely to be permanent, Employee shall have been unable to perform his duties hereunder for a period of more than 120 consecutive days during any twelve-month period, Exxxx may terminate his employment hereunder. The Chief Executive Officer and/or Board of Directors will determine if the Employee’s termination is due to total and permanent disability, according to any long-term disability plan then in effect for senior executives of Exxxx and otherwise in good faith consistent with generally prevailing practices of employers subject to the provision of 4(a) with respect to benefits.

Appears in 4 contracts

Samples: Employment Agreement (Ennis, Inc.), Employment Agreement (Ennis, Inc.), Employment Agreement (Ennis, Inc.)

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Death, Total Disability or Retirement. Employee’s 's employment shall terminate upon his death or retirement. If, as a result of his incapacity resulting from physical or mental illness or disease which is likely to be permanent, Employee shall have been unable to perform his duties hereunder for a period of more than 120 consecutive days during any twelve-month period, Exxxx Xxxxx may terminate his employment hereunder. The Chief Executive Officer and/or Board of Directors will determine if the Employee’s 's termination is due to total and permanent disability, according to any long-term disability plan then in effect for senior executives of Exxxx Xxxxx and otherwise in good faith consistent with generally prevailing practices of employers subject to the provision of 4(a) with respect to benefitsemployers.

Appears in 2 contracts

Samples: Employment Agreement (Ennis Business Forms Inc), Employment Agreement (Ennis Business Forms Inc)

Death, Total Disability or Retirement. Employee’s 's employment shall terminate upon his death or retirement. If, as a result of his incapacity resulting from physical or mental illness or disease which is likely to be permanent, Employee shall have been unable to perform his duties hereunder for a period of more than 120 consecutive days during any twelve-month period, Exxxx Xxxxx may terminate his employment hereunder. The Chief Executive Officer and/or Board of Directors will determine if the Employee’s 's termination is due to total and permanent disability, according to any long-term disability plan then in effect for senior executives of Exxxx Xxxxx and otherwise in good faith consistent with generally prevailing practices of employers subject to the provision of 4(a) with respect to benefitsemployers.

Appears in 1 contract

Samples: Employment Agreement (Ennis Business Forms Inc)

Death, Total Disability or Retirement. Employee’s employment shall terminate upon his death or retirement. If, as a result of his incapacity resulting from physical or mental illness or disease which is likely to be permanent, Employee shall have been unable to perform his duties hereunder for a period of more than 120 consecutive days during any twelve-month period, Exxxx Xxxxx may terminate his employment hereunder. The Chief Executive Officer and/or Board of Directors will determine if the Employee’s termination is due to total and permanent disability, according to any long-term disability plan then in effect for senior executives of Exxxx Xxxxx and otherwise in good faith consistent with generally prevailing practices of employers subject to the provision of 4(a) with respect to benefits.

Appears in 1 contract

Samples: Employment Agreement (Ennis, Inc.)

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Death, Total Disability or Retirement. Employee’s employment shall terminate upon his death or retirement. If, as a result of his incapacity resulting from physical or mental illness or disease which is likely to be permanent, Employee shall have been unable to perform his duties hereunder for a period of more than 120 consecutive days during any twelve-month period, Exxxx may terminate his employment hereunder. The Chief Executive Officer and/or Board of Directors will determine if the Employee’s termination is due to total and permanent disability, according to any long-term disability plan then in effect for senior executives of Exxxx and otherwise in good faith consistent with generally prevailing practices of employers subject to the provision of 4(a) with respect to benefits.

Appears in 1 contract

Samples: Employment Agreement (Ennis, Inc.)

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