Common use of Disability of the Executive Clause in Contracts

Disability of the Executive. In the event the Executive's employment is terminated as a result of the Executive's disability, the Company shall have no further obligations or liabilities under this Agreement except that the Company shall pay the following to the Executive if the Executive satisfies the terms of Section 14:

Appears in 3 contracts

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

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Disability of the Executive. In the event the Executive's employment is terminated as a result of the Executive's disability, the Company shall have no further obligations or liabilities under this Agreement except that the Company shall pay the following to the Executive if the Executive satisfies the terms of Section 1413:

Appears in 2 contracts

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

Disability of the Executive. In the event that the Executive during the period while employed under this Agreement shall at any time become unable, due to ill-health, accident, injury or other disability, to carry out his duties under this Agreement with reasonable accommodation provided by the Company, the Company, upon a lump-sum payment to the Executive equal to the Executive's then-current annual salary, may terminate this Agreement and be relieved of all further obligations hereunder. Termination of employment is terminated as a result of under this Section 12 shall not terminate the Executive's disabilityobligations under Sections 7, the Company shall have no further obligations 8 or liabilities under this Agreement except that the Company shall pay the following to the Executive if the Executive satisfies the terms of Section 14:13.

Appears in 2 contracts

Samples: Employment Agreement (Unigene Laboratories Inc), Employment Agreement (Unigene Laboratories Inc)

Disability of the Executive. In the event the Executive's employment is terminated as a result of the Executive's disabilityDisability, except as otherwise provided herein, the Company shall have no further obligations or liabilities under this Agreement except that the Company shall pay the following to the Executive if the Executive satisfies the terms of Section 1415:

Appears in 1 contract

Samples: Employment Agreement (Anthem Inc)

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Disability of the Executive. In the event that the Executive during the period while employed under this Agreement shall at any time become unable, due to ill-health, accident, injury or other disability, to carry out his duties under this Agreement with reasonable accommodation provided by the Company, the Company, upon a lump-sum payment to the Executive equal to the Executives then-current annual salary may terminate this Agreement and be relieved of all further obligations hereunder. Termination of employment under this Section 12 shall not terminate the Executive's employment is terminated as a result of the Executive's disabilityobligations under Sections 7, the Company shall have no further obligations 8 or liabilities under this Agreement except that the Company shall pay the following to the Executive if the Executive satisfies the terms of Section 14:13.

Appears in 1 contract

Samples: Employment Agreement (Unigene Laboratories Inc)

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