Common use of Termination Due to Death, Disability or Retirement Clause in Contracts

Termination Due to Death, Disability or Retirement. Executive’s employment shall terminate automatically upon his death. The Company may terminate Executive’s employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s receipt of written notice of such termination. Employment shall terminate upon Executive’s Retirement. Upon Executive’s death or in the event that Executive’s employment is terminated due to his Disability or Retirement, Executive or his estate or his beneficiaries, as the case may be, shall be entitled to:

Termination Due to Death, Disability or Retirement. Executive’s employment shall terminate automatically upon his deathdeath or Retirement. The Company may terminate Executive’s employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s receipt of written notice of such termination. Employment shall terminate upon Executive’s Retirement. Upon Executive’s death or in In the event that Executive’s employment is terminated due to his death, Disability or Retirement, Executive or his estate or his beneficiaries, as the case may be, shall be entitled to:to the Accrued Obligations and all Restricted Stock Awards shall be 100% vested.

Termination Due to Death, Disability or Retirement. Executive’s 's employment shall terminate automatically upon his deathher death or Retirement. The Company may terminate Executive’s 's employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s 's receipt of written notice of such termination. Employment shall terminate upon Executive’s Retirement. Upon Executive’s death or in In the event that Executive’s 's employment is terminated due to his her death, Disability or Retirement, Executive or his her estate or his her beneficiaries, as the case may be, shall be entitled to:to the Accrued Obligations and all Restricted Stock Awards shall be 100% vested.

Termination Due to Death, Disability or Retirement. Executive’s 's employment shall terminate automatically upon his deathdeath or Retirement. The Company may terminate Executive’s 's employment immediately upon the occurrence of a Disability, such termination to be effective upon Executive’s 's receipt of written notice of such termination. Employment shall terminate upon Executive’s Retirement. Upon Executive’s death or in In the event that Executive’s 's employment is terminated due to his death, Disability or Retirement, Executive or his estate or his beneficiaries, as the case may be, shall be entitled to:to the Accrued Obligations and all Restricted Stock Awards shall be 100% vested.