Common use of Termination by Death or Disability Clause in Contracts

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Executive’s employment shall terminate on the date of death or total disability. In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for the Accrued Obligations, payable as and when those amounts would have been payable had the Term not ended.

Appears in 6 contracts

Sources: Executive Employment Agreement (BioStem Technologies, Inc.), Executive Employment Agreement (BioStem Technologies, Inc.), Executive Employment Agreement (BioStem Technologies, Inc.)

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Executive’s employment shall terminate on the date of death or total disability. In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for the Accrued Obligations, payable as and when those amounts would have been payable had the Term not ended.

Appears in 4 contracts

Sources: Employment Agreement (FaceBank Group, Inc.), Employment Agreement (Recall Studios, Inc.), Employment Agreement (Recall Studios, Inc.)

Termination by Death or Disability. In the event of the Executive’s death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s employment shall terminate on the date of death or total disability. In disability as determined by a doctor chosen by the event of such termination, the Company’s sole obligations hereunder to the Board and Executive (or the Executive’s estate) shall be for the Accrued Obligations, payable as and when those amounts entitled to such benefits that would have been payable to Executive or which Executive would have received had the Term not endedand Executive’s employment been terminated by the Company with Cause pursuant to Section 3(c)(i).

Appears in 3 contracts

Sources: Executive Employment Agreement (C-Bond Systems, Inc), Executive Employment Agreement (C-Bond Systems, Inc), Executive Employment Agreement (C-Bond Systems, Inc)

Termination by Death or Disability. In the event of the Executive’s death or total permanent disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Termterm of this Agreement, the Executive’s employment shall terminate on the date of death or total disabilitydate of permanent disability (as determined by the Board of Directors). In the event of such termination, the Company’s sole obligations hereunder to the Executive (or the Executive’s estate) shall be for unpaid salary and benefits (then owed or accrued and owed in the Accrued Obligations, payable as future) and when those amounts would have been payable had reimbursement of expenses through the Term not endedeffective date of termination.

Appears in 2 contracts

Sources: Employment Agreement (Ubiquitel Inc), Employment Agreement (Ubiquitel Inc)

Termination by Death or Disability. In the event of the Executive’s 's death or total permanent disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Termterm of this Agreement, the Executive’s 's employment shall terminate on the date of death or total disabilitydate of permanent disability (as determined by the Board of Directors). In the event of such termination, the Company’s 's sole obligations hereunder to the Executive (or the Executive’s 's estate) shall be for unpaid salary and benefits (then owed or accrued and owed in the Accrued Obligations, payable as future) and when those amounts would have been payable had reimbursement of expenses through the Term not endedeffective date of termination.

Appears in 2 contracts

Sources: Employment Agreement (Ubiquitel Inc), Employment Agreement (Ubiquitel Inc)

Termination by Death or Disability. In the event of the Executive’s 's death or total disability (as defined in Section 22(e)(3) of the Internal Revenue Code of 1986, as amended) during the Term, the Term and Executive’s 's employment shall terminate on the date of death or total disability. In disability as determined by a doctor chosen by the event of such termination, the Company’s sole obligations hereunder to the Board and Executive (or the Executive’s estate) shall be for the Accrued Obligations, payable as and when those amounts entitled to such benefits that would have been payable to Executive or which Executive would have received had the Term not endedand Executive's employment been terminated by the Company with Cause pursuant to Section 3(c)(i).

Appears in 1 contract

Sources: Executive Employment Agreement (WestMountain Alternative Energy Inc)