Common use of Termination Because of Death or Disability Clause in Contracts

Termination Because of Death or Disability. In the event of Executive’s death or disability (within the meaning of Employer’s disability policy that is in effect at the time of disability), upon such Termination of Employment, this Agreement shall terminate immediately and Executive (or his estate) shall be entitled to receive the Accrued Amounts.

Appears in 8 contracts

Samples: Employment Agreement (Hilltop Holdings Inc.), Employment Agreement (Plainscapital Corp), Employment Agreement (Plainscapital Corp)

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Termination Because of Death or Disability. In the event of Executive’s death or disability (within the meaning of Employer’s disability policy that is in effect at the time of disability), upon such Termination of Employment, this Agreement shall terminate immediately and Executive (or his estate) shall be entitled to receive the Accrued AmountsAmounts plus the benefits provided hereafter in Section 6(iii).

Appears in 2 contracts

Samples: Employment Agreement (Plains Capital Corp), Employment Agreement (Plains Capital Corp)

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Termination Because of Death or Disability. In the event of Executive’s death or disability (within the meaning of Employer’s disability policy that is in effect at the time of disability), upon such Termination of Employment, this Agreement shall terminate immediately and Executive (or his her estate) shall be entitled to receive the Accrued Amounts.

Appears in 1 contract

Samples: Employment Agreement (Plainscapital Corp)

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