Common use of Executive’s Disability Clause in Contracts

Executive’s Disability. For purposes of this Agreement, “Disability” means Executive’s inability to perform the duties of CEO for a period of 180 consecutive days or a period of 180 days during any consecutive twelve-month period as a result of incapacity due to mental or physical illness as determined by the Board.

Appears in 2 contracts

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

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Executive’s Disability. For purposes of this Agreement, “Disability” means Executive’s inability to perform the duties of CEO Executive Chairman for a period of 180 consecutive days or a period of 180 days during any consecutive twelve-month period as a result of incapacity due to mental or physical illness as determined by the Board.

Appears in 1 contract

Samples: Employment Agreement (Macromedia Inc)

Executive’s Disability. For purposes of this Agreement, “Disability” means Executive’s inability to perform the duties of CEO CFO for a period of 180 consecutive days or a period of 180 days during any consecutive twelve-month period as a result of incapacity due to mental or physical illness as determined by the Board.

Appears in 1 contract

Samples: Employment Agreement (Macromedia Inc)

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Executive’s Disability. For purposes of this Agreement, "Disability" means Executive’s 's inability to perform the his duties of CEO as President-WFO for a period of 180 consecutive days or a period of 180 days during any consecutive twelve-month period as a result of incapacity due to mental or physical illness as determined by the Board.

Appears in 1 contract

Samples: Employment Agreement (Adobe Systems Inc)

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