Common use of Partial Disability Clause in Contracts

Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s normal monthly basic compensation which bears the same ratio to the Executive’s normal monthly basic compensation as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of disability, and Such amount shall be calculated by multiplying the Executive’s basic compensation by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 10 contracts

Samples: Employment Agreement (Amphitrite Digital Inc), Employment Agreement (XEME Biopharma Holdings Inc.), Employment Agreement (MJ Holdings, Inc.)

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Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s 's normal monthly basic compensation which bears the same ratio to the Executive’s 's normal monthly basic compensation as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of disability, and Such such amount shall be calculated by multiplying the Executive’s basic compensation by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 4 contracts

Samples: Executive Employment Agreement (Oncologix Tech Inc.), Executive Employment Agreement (Oncologix Tech Inc.), Executive Employment Agreement (Oncologix Tech Inc.)

Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s normal monthly basic compensation 's Base Salary which bears the same ratio to the Executive’s normal monthly basic compensation 's Base Salary as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of partial disability, and Such amount shall be calculated by multiplying the Executive’s basic compensation 's Base Salary by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 2 contracts

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

Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s normal monthly basic compensation which bears the same ratio to the Executive’s normal monthly basic compensation as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of disability, and Such amount shall be calculated by multiplying the Executive’s basic compensation by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator of which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 2 contracts

Samples: Employment Agreement (FilmOn.TV Networks Inc.), Employment Agreement (FilmOn.TV Networks Inc.)

Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s 's normal monthly basic compensation which bears the same ratio to the Executive’s 's normal monthly basic compensation as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of disability, and Such amount shall be calculated by multiplying the Executive’s 's basic compensation by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 2 contracts

Samples: Consulting Agreement (Acorn Holding Corp), Employment Agreement (Acorn Holding Corp)

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Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s normal monthly basic compensation Base Salary which bears the same ratio to the Executive’s normal monthly basic compensation Base Salary as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of partial disability, and Such amount shall be calculated by multiplying the Executive’s basic compensation Base Salary by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 2 contracts

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

Partial Disability. During a period of partial disability of the Executive, the Executive shall receive an amount of compensation computed as follows: That portion of the Executive’s 's normal monthly basic compensation which bears the same ratio to the Executive’s 's normal monthly basic compensation as the amount of time which the Executive is able to devote to the usual performance of services on behalf of the Company during such period bears to the total time the Executive devoted to performing such services prior to the commencement date of the single period of disability, and Such amount shall be calculated by multiplying the Executive’s basic compensation by a fraction, the numerator of which shall be the percentage of normal services that the Executive is able to perform and the denominator which shall be the total services that the Executive is able to perform absent the partial disability.

Appears in 1 contract

Samples: Employment Agreement (True Leaf Medicine International Ltd.)

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