Common use of Incapacity or Death Clause in Contracts

Incapacity or Death. Executive’s mental or physical incapacity following the occurrence of an event described above in clauses (i) through (v) of Section 4(c) shall not affect Executive’s ability to terminate employment for Good Reason, and Executive’s death following delivery of a Notice of Termination for Good Reason shall not affect the entitlement of the estate of Executive to severance payments or benefits provided hereunder upon a termination of employment for Good Reason.

Appears in 3 contracts

Samples: Control Continuity Agreement (Capri Holdings LTD), Control Continuity Agreement (Capri Holdings LTD), Control Continuity Agreement (Capri Holdings LTD)

AutoNDA by SimpleDocs

Incapacity or Death. Executive’s mental or physical incapacity following the occurrence of an event described above in clauses (i) through (v) of Section 4(c) shall not affect Executive’s ability to terminate employment for Good Reason, and Executive’s death following delivery of a Notice of Termination (as defined below) for Good Reason shall not affect the entitlement of the estate of Executive to severance payments or benefits provided hereunder upon a termination of employment for Good Reason.

Appears in 2 contracts

Samples: Change in Control Continuity Agreement (United Community Banks Inc), Change in Control Continuity Agreement (United Community Banks Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.