Common use of Disability of Executive Clause in Contracts

Disability of Executive. If Executive shall have been absent from the full-time performance of Executive’s duties with Company for 180 business days during any twelve-month period as a result of Executive’s incapacity due to accident, physical or mental illness, or other circumstance which renders him mentally or physically incapable of performing the duties and services required of him hereunder on a full-time basis as determined by Executive’s physician (“Disability”), Executive’s employment may be terminated by Company for Disability. If Executive’s employment is terminated for Disability, in addition to accrued but unpaid Base Compensation and payment for the value of any accrued, unused paid time off then-existing as of the Date of Termination, Executive shall be eligible to receive the Without Cause Separation Package defined in Section 5(d)(i).

Appears in 10 contracts

Samples: Executive Employment Agreement (Quintana Energy Services Inc.), Executive Employment Agreement (Quintana Energy Services Inc.), Executive Employment Agreement (Quintana Energy Services Inc.)

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