Common use of Termination by Reason of Death or Disability Clause in Contracts

Termination by Reason of Death or Disability. Executive’s employment hereunder will terminate immediately upon the death of Executive. The Company may terminate this Agreement upon written notice to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable to perform Executive’s essential duties, responsibilities and the functions of Executive’s position with the Company for periods aggregating one-hundred eighty (180) days (“Disability”).

Appears in 5 contracts

Samples: Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp)

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Termination by Reason of Death or Disability. Executive’s employment hereunder will shall terminate immediately upon the death of Executive. The Company may terminate this Agreement upon written notice to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable to perform Executive’s essential duties, responsibilities and the functions of Executive’s position with the Company for periods aggregating one-hundred eighty twenty (180120) days in any three hundred sixty (360) day period (“Disability”).

Appears in 3 contracts

Samples: Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp)

Termination by Reason of Death or Disability. Executive’s employment hereunder will terminate immediately upon the death of Executive. The Company may terminate this Agreement upon written notice to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable to perform Executive’s essential duties, responsibilities and the functions of Executive’s position with the Company for periods aggregating one-hundred eighty twenty (180120) days in any three hundred sixty (360) day period (“Disability”).

Appears in 3 contracts

Samples: Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp), Employment Agreement (Gulfport Energy Corp)

Termination by Reason of Death or Disability. The Executive’s employment hereunder will shall automatically terminate immediately upon Executive’s death or upon the death Company’s determination of Executive’s Disability. The Company may terminate this Agreement upon written notice to Executive if Executive suffers “Disability” shall mean any mental or physical or mental impairment or incapacity that results in Executive being unable to substantially perform Executive’s essential dutiesduties hereunder for 90 consecutive days, responsibilities and or for shorter periods aggregating 120 days in any 12-month period. In the functions event of Death or Disability, any unvested equity grants will vest for the benefit of the Executive, or the Executive’s position with the Company for periods aggregating one-hundred eighty (180) days (“Disability”)heirs, executors and estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Bottomline Technologies Inc)

Termination by Reason of Death or Disability. Executive’s employment hereunder will by the Company shall terminate immediately automatically upon Executive’s death. If the death Company reasonably determines in good faith that the Disability of Executive. The Company Executive has occurred (pursuant to the definition of Disability set forth below), it may terminate this Agreement upon give to Executive written notice of its intention to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable to perform terminate Executive’s essential dutiesemployment. In such event, responsibilities and the functions of Executive’s position employment with the Company for periods aggregating one-hundred eighty (180) days (“Disability”).Company

Appears in 1 contract

Samples: Employment Agreement (RedPrairie Holding, Inc.)

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Termination by Reason of Death or Disability. Executive’s employment hereunder will This Agreement shall terminate immediately automatically upon the death of the Executive. The If by reason of illness, physical or mental disability or other incapacity, Executive shall become unable or shall fail for a period of 120 consecutive days to render the services to be provided by him hereunder, such event shall constitute "due cause" and the Board of Directors of the Company may may, at its option, terminate Executive's services under this Agreement upon written notice to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable Executive, such termination to perform Executive’s essential duties, responsibilities and be effective on the functions date of Executive’s position with the Company for periods aggregating one-hundred eighty (180) days (“Disability”)delivery of such notice.

Appears in 1 contract

Samples: Employment Agreement (Purina Mills Inc)

Termination by Reason of Death or Disability. Executive’s 's employment hereunder will terminate immediately upon the death of Executive. The Company may terminate this Agreement upon written notice to Executive if Executive suffers any physical or mental impairment or incapacity that results in Executive being unable to perform Executive’s 's essential duties, responsibilities responsibilities, and the functions of Executive’s 's position with the Company for periods aggregating one-hundred eighty twenty (180120) days ("Disability").

Appears in 1 contract

Samples: Employment Agreement (Tandy Leather Factory Inc)

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