Effect of Death or Disability. (a) In the event of Executive’s termination of employment by reason of “disability” (as defined from time to time in any applicable disability plan or program of the Company) during the Term, this Agreement shall terminate, subject to any applicable disability plan or program of the Company or federal or state disability or leave laws. Executive shall receive such compensation and benefits (if any) in connection with such termination consistent with the terms of such plans, programs or applicable laws.
Appears in 6 contracts
Samples: Employment Agreement (Fremont General Corp), Employment Agreement (Fremont General Corp), Employment Agreement (Fremont General Corp)
Effect of Death or Disability. (a) In the event of Executive’s termination of employment by reason of death or “disability” (as defined from time to time in any applicable disability plan or program of the Company) during the Term, this Agreement shall terminateterminate effective as of the date of Executive’s death or, subject to any applicable disability plan or program of the Company or federal or state disability or leave laws. , disability, and Executive shall receive such compensation and benefits (if any) in connection with such termination consistent with the terms Section 8 of such plans, programs or applicable lawsthis Agreement.
Appears in 2 contracts
Samples: Employment Agreement (Direct General Corp), Employment Agreement (Direct General Corp)