Common use of TERMINATION BY DEATH, DISABILITY OR RETIREMENT Clause in Contracts

TERMINATION BY DEATH, DISABILITY OR RETIREMENT. Employee’s employment shall terminate automatically upon the earliest of Employee’s death and, to the extent permitted by law, Disability and Retirement. In the event that Employee’s employment is terminated by death, Disability or Retirement, then the Company shall pay all compensation and benefits to which Employee is entitled up to the date of such termination. Thereafter, all obligations of the Company shall cease. A termination by death, Disability or Retirement shall not constitute: (a) a termination by the Company without Cause for purposes of Section 3.2 above or (b) a termination by Employee for Good Reason for purposes of Section 3.3 above. Nothing in this section shall affect Employee’s rights under any Company plan in which Employee is a participant.

Appears in 10 contracts

Samples: Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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TERMINATION BY DEATH, DISABILITY OR RETIREMENT. Employee’s 's employment shall terminate automatically upon the earliest of Employee’s 's death and, to the extent permitted by law, Disability and Retirement. In the event that Employee’s 's employment is terminated by death, Disability or Retirement, then the Company shall pay all compensation and benefits to which Employee is entitled up to the date of such termination. Thereafter, all obligations of the Company shall cease. A termination by death, Disability or Retirement shall not constitute: (a) a termination by the Company without Cause for purposes of Section 3.2 above or (b) a termination by Employee for Good Reason for purposes of Section 3.3 above. Nothing in this section shall affect Employee’s 's rights under any Company plan in which Employee is a participant. CONFIDENTIALITY.

Appears in 7 contracts

Samples: Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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TERMINATION BY DEATH, DISABILITY OR RETIREMENT. Employee’s 's employment shall terminate automatically upon the earliest of Employee’s 's death and, to the extent permitted by law, Disability and Retirement. In the event that Employee’s 's employment is terminated by death, Disability or Retirement, then the Company shall pay all compensation and benefits to which Employee is entitled up to the date of such termination. Thereafter, all obligations of the Company shall cease. A termination by death, Disability or Retirement shall not constitute: (a) a termination by the Company without Cause for purposes of Section 3.2 above or (b) a termination by Employee for Good Reason for purposes of Section 3.3 above. Nothing in this section shall affect Employee’s 's rights under any Company plan in which Employee is a participant.

Appears in 3 contracts

Samples: Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Employment Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

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