Common use of Release for Incapacity Clause in Contracts

Release for Incapacity. When, in the opinion of the Employer, an employee is incapable of performing the duties of the position he occupies and his employment is terminated, he shall be entitled to severance pay on the basis of one (1) week’s pay for each complete year of continuous employment with a maximum benefit of twenty-eight (28) week’s pay.

Release for Incapacity. When, in the opinion of the EmployerCorporation, an employee is incapable of performing the duties of the position he he/she occupies and his his/her employment is terminated, he the employee shall be entitled to severance pay on the basis of one (1) week’s 's pay for each complete year of continuous employment with a maximum benefit of twenty-eight (28) week’s 's pay.