Incompetency. Any benefit payable to or for the benefit of the Executive, if legally incompetent, or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the Company.
Appears in 27 contracts
Samples: Severance Agreement (Maxcyte, Inc.), Severance Agreement (Maxcyte, Inc.), Executive Change of Control (Skyterra Communications Inc)
Incompetency. Any benefit payable to or for the benefit of ------------ the Executive, if legally incompetent, incompetent or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's guardian or to the party providing or reasonably appearing to provide the Company to be providing for the care of such person, and such payment shall fully discharge the Company.
Appears in 8 contracts
Samples: Agreement (Anderson Tully Co), Agreement (Anderson Tully Co), Agreement (Anderson Tully Co)
Incompetency. Any benefit payable to or for the benefit of the ------------ Executive, if legally incompetent, or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the Company.
Appears in 7 contracts
Samples: Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc), Employment Agreement (Vallicorp Holdings Inc)
Incompetency. Any benefit payable to or for the benefit of the Executive, if legally incompetent, or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's ’s guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the Company.
Appears in 4 contracts
Samples: Agreement (Skyterra Communications Inc), Agreement (Skyterra Communications Inc), Change in Control Agreement (Entremed Inc)
Incompetency. Any benefit payable to or for the benefit of the Executive, if legally incompetent, or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's ’s guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the Company.
Appears in 1 contract
Samples: Change in Control Severance Agreement (PNC Financial Services Group Inc)
Incompetency. Any benefit payable to or for the benefit of ------------ the Executive, if legally incompetent, or incapable of giving a receipt therefor, shall be deemed paid when paid to the Executive's guardian or to the party providing or reasonably appearing to provide for the care of such person, and such payment shall fully discharge the Company.
Appears in 1 contract
