Common use of Effects of Early Termination Clause in Contracts

Effects of Early Termination. (a) In the event of the Company's termination of Executive's employment during the Period of Employment as a result of his disability, Executive shall be entitled to receive his Base Salary for the month in which such termination becomes effective and for a period of six (6) months thereafter, without prejudice to any other payments or disability benefits due Executive under any Employee Benefit Plan as a result of Executive's disability.

Appears in 7 contracts

Samples: Employment Agreement (Triumph Group Inc /), Employment Agreement (Triumph Group Inc /), Employment Agreement (Triumph Group Inc /)

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Effects of Early Termination. (a) In the event of the Company's termination of Executive's employment during the Period of Employment Term as a result of his disability, Executive shall be entitled to receive his Base Salary for the month in which such termination becomes effective and for a period of six (6) months thereafter, without prejudice to any other payments or disability benefits due Executive under any Employee Benefit Plan as a result of Executive's disability.

Appears in 4 contracts

Samples: Employment Agreement (Triumph Group Inc /), Employment Agreement (Triumph Group Inc /), Employment Agreement (Triumph Group Inc /)

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Effects of Early Termination. (a) In the event of the Company's ’s termination of Executive's ’s employment during the Period of Employment Term as a result of his disability, Executive shall be entitled to receive his Base Salary for the month in which such termination becomes effective and for a period of six (6) months thereafter, without prejudice to any other payments or disability benefits due Executive under any Employee Benefit Plan as a result of Executive's ’s disability.

Appears in 1 contract

Samples: Employment Agreement (Triumph Group Inc /)

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