Common use of Disability of the Executive Clause in Contracts

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 consecutive days or 120 days in any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disability, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 8 contracts

Samples: Employment Agreement (Natural Health Trends Corp), Employment Agreement (Natural Health Trends Corp), Employment Agreement (Natural Health Trends Corp)

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Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 consecutive days or 120 180 days in any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disabilityany time thereafter, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 4 contracts

Samples: Employment Agreement (Madden Steven LTD), Employment Agreement (Embryo Development Corp), Employment Agreement (Madden Steven LTD)

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 sixty (60) consecutive days or 120 longer or for any ninety (90) days in any period of 360 one hundred eighty (180) consecutive days (a "Disability"), the Company may, at the time or during the period of such Disabilityany time thereafter, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 4 contracts

Samples: Employment Agreement (Embryo Development Corp), Employment Agreement (Laidlaw Global Corp), Employment Agreement (Laidlaw Global Corp)

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 five (5) consecutive days months or 120 days six (6) months in any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disability, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 3 contracts

Samples: Employment Agreement (Continental Sports Management Inc), Employment Agreement (Continental Sports Management Inc), Employment Agreement (Paragon Sports Group Inc)

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 60 consecutive days or 120 90 days in any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disability, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 2 contracts

Samples: Employment Agreement (Madden Steven LTD), Employment Agreement (Worldwide Equipment Corp)

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Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 sixty (60) consecutive days or 120 longer or for any ninety (90) days in any period of 360 one hundred eighty (180) consecutive days (a "Disability"), the Company may, at the time or during the period of such Disabilityany time thereafter, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect. Section 6.

Appears in 1 contract

Samples: Employment Agreement (Embryo Development Corp)

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 sixty (60) consecutive days, or for a period of 180 days or 120 days in during any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disabilityany time thereafter, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 1 contract

Samples: Employment Agreement (Chinamallusa Com Inc)

Disability of the Executive. If the Executive is incapacitated or disabled by accident, sickness or otherwise so as to render the Executive mentally or physically incapable of performing the services required to be performed under this Agreement for a period of 90 consecutive days or 120 180 days in any period of 360 consecutive days (a "Disability"), the Company may, at the time or during the period of such Disability, at its option, terminate the employment of the Executive under this Agreement immediately upon giving the Executive written notice to that effect.

Appears in 1 contract

Samples: Employment Agreement (Madden Steven LTD)

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