Common use of Disability or Death Clause in Contracts

Disability or Death. (i) The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s death and may be terminated by the Company upon the Executive’s Disability. For purposes of this Agreement, “Disability” shall mean the determination that the Executive is disabled pursuant to the terms of the Company’s long term disability plan.

Appears in 14 contracts

Sources: Employment Agreement (Toys R Us Inc), Employment Agreement (Toys R Us Inc), Employment Agreement (Toys R Us Inc)

Disability or Death. (i) The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s death and may be terminated by the Company upon the Executive’s Disability. For purposes of this Agreement, “Disability” shall mean the determination that the Executive is disabled pursuant to the terms of the Company’s long term disability plan.

Appears in 4 contracts

Sources: Employment Agreement, Employment Agreement (Toys R Us Inc), Employment Agreement (Toys R Us Inc)

Disability or Death. (i) The Employment Term and Executive’s employment hereunder shall terminate upon Executive’s death and (A) may be terminated by the Company at a time when Executive has a Disability, with immediate effect and (B) shall terminate automatically upon the Executive’s Disability. death. (ii) For purposes of this Agreement, “Disability” shall mean the determination that the Executive is disabled pursuant to the terms of the Company’s long term disability plan.

Appears in 3 contracts

Sources: Employment Agreement (Bumble Inc.), Employment Agreement (Bumble Inc.), Employment Agreement (Bumble Inc.)

Disability or Death. (i) The Employment Term and Executive’s 's employment hereunder shall terminate upon Executive’s 's death and may be terminated by the Company upon the Executive’s 's Disability. For purposes of this Agreement, "Disability" shall mean the determination that the Executive is disabled pursuant to the terms of the Company’s 's long term disability plan.

Appears in 1 contract

Sources: Employment Agreement (Toys R Us Inc)