Common use of Termination Due to Disability Clause in Contracts

Termination Due to Disability. In the event the Executive’s employment by the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 22 contracts

Samples: Employment Agreement (Assured Guaranty LTD), Employment Agreement (Assured Guaranty LTD), Employment Agreement (Assured Guaranty LTD)

AutoNDA by SimpleDocs

Termination Due to Disability. In the event the Executive’s 's employment by the Company is terminated because due to his Disability, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled toin such case to the following:

Appears in 19 contracts

Samples: Form of Executive Employment Agreement (Mdi, Inc.), Employment Agreement (Kmart Corp), Employment Agreement (Kmart Corp)

Termination Due to Disability. In the event the Executive’s employment by the Company hereunder is terminated because he is adjudged by the Compensation Committee due to be disabled within the meaning of his disability, as determined under the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 11 contracts

Samples: Employment Agreement (Security Capital Assurance LTD), Employment Agreement (Xl Capital LTD), Employment Agreement (Xl Capital LTD)

Termination Due to Disability. In the event the Executive’s employment by Executive becomes Disabled (as defined below), the Company is terminated because he is adjudged by the Compensation Committee may terminate his employment upon notice to be disabled within the meaning of the Company’s long-term disability planthat effect. Upon such a termination, the Executive or his representative, as the case may be, shall be entitled to, and their sole remedies under this Agreement shall be:

Appears in 7 contracts

Samples: Employment Agreement (Pacer Health Corp), Employment Agreement (Pacer Health Corp), Employment Agreement (Pacer Health Corp)

Termination Due to Disability. The Company may terminate the Executive's employment due to the Disability of the Executive. In the event of such a termination of the Executive’s 's employment by due to Disability during the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning Term of the Company’s long-term disability planthis Agreement, this Agreement shall immediately terminate and the Executive shall be entitled to:

Appears in 7 contracts

Samples: Stock Purchase Agreement (Netgateway Inc), Employment Agreement (Genesisintermedia Com Inc), Employment Agreement (Genesisintermedia Com Inc)

Termination Due to Disability. In the event that the Executive’s employment by is terminated due to Disability, the Company is terminated because he is adjudged by shall make the Compensation Committee payments to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:set forth in Section 10(d), substituting references to the Executive’s Disability for references to the Executive’s death.

Appears in 6 contracts

Samples: Employment Agreement (Coca-Cola Enterprises, Inc.), Employment Agreement (Coca-Cola Enterprises, Inc.), Employment Agreement (Coca-Cola Enterprises, Inc.)

Termination Due to Disability. In the event the Executive’s 's employment by the Company hereunder is terminated because he is adjudged by the Compensation Committee due to be disabled within the meaning of his disability, as determined under the Company’s 's long-term disability plan, the Executive shall be entitled to:

Appears in 6 contracts

Samples: Employment Agreement (Xl Capital LTD), Employment Agreement (Xl Capital LTD), Employment Agreement (Xl Capital LTD)

Termination Due to Disability. In If the event Executive incurs a Disability, the Company shall have the option to terminate this Agreement by giving written notice of termination to the Executive’s employment by the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:.

Appears in 6 contracts

Samples: Executive Employment Agreement (MR2 Group, Inc.), Executive Employment Agreement (MR2 Group, Inc.), Executive Employment Agreement (MR2 Group, Inc.)

Termination Due to Disability. In the event of the Executive’s Disability during the term of the Executive’s employment, the Company shall have the right, upon written notice to the Executive, to terminate the Executive’s employment by hereunder, effective upon the giving of such notice (or such later date as shall be specified in such notice). Upon such termination, in addition to the Accrued Rights, the Company is terminated because he is adjudged by shall pay to the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled toExecutive:

Appears in 5 contracts

Samples: Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD), Termination Protection Agreement (Signet Jewelers LTD)

Termination Due to Disability. The Term of Employment may be terminated by the Company by written notice to Executive in the case of Executive's Disability. In the event the Executive’s employment by the Company is terminated because he is adjudged by the Compensation Committee of such termination due to be disabled within the meaning of the Company’s long-term disability planDisability, the Executive shall be entitled to:

Appears in 4 contracts

Samples: Employment Agreement (Optel Inc), Employment Agreement (Optel Inc), Employment Agreement (Optel Inc)

Termination Due to Disability. In the event of Executive’s Disability, the Company shall be entitled to terminate his employment upon written notice by the Company to Executive. In the case that the Company terminates Executive’s employment by due to Disability, the Company is terminated because he is adjudged by the Compensation Committee shall have no further obligations to be disabled within the meaning Executive, except for payment of the CompanyAccrued Obligations through the date of termination and the vesting of all Stock Options as described in Section 3.4 of this Agreement on a pro rata basis based on the length of employment at the time of termination of Executive’s long-term disability plan, the Executive shall be entitled to:employment due to Disability.

Appears in 4 contracts

Samples: Employment Agreement (Allegro Biodiesel Corp), Employment Agreement (Allegro Biodiesel Corp), Employment Agreement (Allegro Biodiesel Corp)

Termination Due to Disability. In the event The Company may terminate the Executive’s employment 's employment, by the Company is terminated because written notice delivered to him, due to his Disability. In such event, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 3 contracts

Samples: Employment Agreement (Premier Parks Inc), Employment Agreement (Premier Parks Inc), Employment Agreement (Premier Parks Inc)

Termination Due to Disability. In the event the Executive’s 's employment by the Company is terminated because he is adjudged by due to his Disability, then, provided the Compensation Committee to be disabled within Executive or his legal representative shall have executed the meaning of the Company’s long-term disability planEmployment Release, the Executive shall be entitled to:

Appears in 2 contracts

Samples: Employment Agreement (Montgomery Ward Holding Corp), Employment Agreement (Montgomery Ward Holding Corp)

Termination Due to Disability. In the event The Company may terminate the Executive’s employment employment, by the Company is terminated because written notice delivered to him, due to his Disability. In such event, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 2 contracts

Samples: Employment Agreement (Six Flags Inc), Employment Agreement (Six Flags Inc)

Termination Due to Disability. In If, during the event Term, the Executive’s employment is terminated by the Company is terminated because Corporation due to Disability, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled toto receive:

Appears in 2 contracts

Samples: Severance Agreement (Griffon Corp), Severance Agreement (Griffon Corp)

Termination Due to Disability. In Subject to any applicable legal requirement, in the event that the Executive becomes Disabled during the term of this Agreement, the Company shall have the right to terminate the Executive’s active employment by giving the Company is terminated because he is adjudged by Executive notice of such termination. Upon the Compensation Committee to be disabled within the meaning Effective Date of Termination, the Company’s long-term disability planobligations under this Agreement shall immediately expire. Notwithstanding the foregoing, the Executive Company shall be entitled toobligated to pay to the Executive the following:

Appears in 2 contracts

Samples: Employment Agreement (Scotts Miracle-Gro Co), Employment Agreement (Scotts Miracle-Gro Co)

Termination Due to Disability. In Subject to any applicable legal requirement, in the event that the Executive becomes Disabled during the term of this Agreement, the Company shall have the right to terminate the Executive’s active employment by giving the Company is terminated because he is adjudged by Executive written notice of such termination. Upon the Compensation Committee to be disabled within the meaning Effective Date of Termination, the Company’s long-term disability planobligations under this Agreement shall immediately expire. Notwithstanding the foregoing, the Executive Company shall be entitled toobligated to pay to the Executive the following:

Appears in 2 contracts

Samples: Employment Agreement (Scotts Miracle-Gro Co), Employment Agreement (Scotts Miracle-Gro Co)

Termination Due to Disability. In the event (x) the Executive’s employment by the Company hereunder is terminated because he is adjudged by the Compensation Committee due to be disabled within the meaning of his disability, as determined under the Company’s long-term disability plan, or (y) the Executive incurs a separation from service pursuant to Code Section 409A as a result of his incapacity due to physical or mental illness (in which case he shall be terminated for disability at the date of the separation from service), the Executive shall be entitled toto the following amounts:

Appears in 2 contracts

Samples: Employment Agreement (Syncora Holdings LTD), Employment Agreement (Security Capital Assurance LTD)

Termination Due to Disability. In the event (x) the Executive’s employment by the Company hereunder is terminated because he is adjudged by the Compensation Committee due to be disabled within the meaning of her disability, as determined under the Company’s long-term disability plan, or (y) the Executive incurs a separation from service pursuant to Code Section 409A as a result of her incapacity due to physical or mental illness (in which case she shall be terminated for disability at the date of the separation from service), the Executive shall be entitled toto the following amounts:

Appears in 1 contract

Samples: Employment Agreement (Syncora Holdings LTD)

Termination Due to Disability. The Term of Employment may be terminated by the Company by written notice to Executive in the event of Executive's Disability. In the event the Executive’s employment by the Company is terminated because he is adjudged by the Compensation Committee of such termination due to be disabled within the meaning of the Company’s long-term disability planDisability, the Executive shall be entitled to:

Appears in 1 contract

Samples: Employment Agreement (Optel Inc)

AutoNDA by SimpleDocs

Termination Due to Disability. In If the event Executive's employment is terminated by the Company by reason of the Executive's Disability, the Company shall have the following obligations with respect to the Executive (or the Executive’s employment by the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of estate, if applicable): (i) the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 1 contract

Samples: Agreement (Abercrombie & Fitch Co /De/)

Termination Due to Disability. In the event of the Executive’s employment by Disability (as hereinafter defined), the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:to terminate EXECUTION

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

Termination Due to Disability. In The Company shall have the event the right to terminate Executive’s employment by due to his Disability, in which event the Company is terminated because he is adjudged by the Compensation Committee shall promptly pay him all compensation, expenses and other amounts owed to be disabled within the meaning him as of the Company’s long-term disability plan, the Executive shall be entitled to:Date of Termination

Appears in 1 contract

Samples: Employment Agreement (American Defense Systems Inc)

Termination Due to Disability. In Subject to any applicable legal requirement, in the event that the Executive becomes Disabled during the term of this Agreement, the Company shall have the right to terminate the Executive’s active employment by the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, giving the Executive shall be entitled to:written notice of such

Appears in 1 contract

Samples: Employment Agreement (Scotts Miracle-Gro Co)

Termination Due to Disability. If the Executive is unable to perform his duties hereunder due to a Disability (defined below), the Company may terminate Executive’s employment hereunder. In the event that the Executive’s employment by the Company hereunder is terminated because due to Disability, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 1 contract

Samples: Employment Agreement (NUCRYST Pharmaceuticals Corp.)

Termination Due to Disability. In Subject to any applicable legal requirement, in the event that the Executive becomes Disabled during the Term, the Company shall have the right to terminate the Executive’s employment by giving the Company is terminated because he is adjudged by Executive a Notice of Termination. Upon the Compensation Committee to be disabled within the meaning Effective Date of Termination, the Company’s long-term disability planobligations under this Agreement shall immediately expire. Notwithstanding the foregoing, the Executive Company shall be entitled toobligated to pay to the Executive the following:

Appears in 1 contract

Samples: Employment Agreement (Scotts Miracle-Gro Co)

Termination Due to Disability. In the event the Executive’s employment by the Company Companies is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 1 contract

Samples: Employment Agreement (Ace LTD)

Termination Due to Disability. In the event the Executive’s 's employment by the Company hereunder is terminated because he is adjudged by the Compensation Committee due to be disabled within the meaning of her disability, as determined under the Company’s 's long-term disability plan, the Executive shall be entitled to:

Appears in 1 contract

Samples: Employment Agreement (Xl Capital LTD)

Termination Due to Disability. If the Executive is unable to perform his duties hereunder due to a Disability (defined below), the Company may terminate Executive’s employment hereunder, subject to the requirements of applicable law. In the event that the Executive’s employment hereunder is involuntarily terminated by the Company is terminated because due to Disability, he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:

Appears in 1 contract

Samples: Employment Agreement (NUCRYST Pharmaceuticals Corp.)

Termination Due to Disability. In the event the If Executive’s 's employment by with the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning on account of the Company’s long-term Executive's disability planas provided for in subparagraph (i) immediately above, the then Executive shall only be entitled toto receive, and Company shall pay to Executive (or Executive's estate or personal representative, as applicable) the following amounts:

Appears in 1 contract

Samples: Employment Agreement (Playboy Enterprises Inc)

Termination Due to Disability. In If, while employed by the event Company, the Executive becomes unable to perform the duties specified hereunder due to partial or total disability or incapacity resulting from a mental or physical illness, injury, or from any other cause, the Company will continue the payment of the Executive’s employment by base salary at its then current rate through the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning end of the Company’s long-term disability plan, month in which the Executive shall be entitled tois first unable to perform such duties due to such disability or incapacity. The Company will also:

Appears in 1 contract

Samples: Employment Agreement (Soul & Vibe Interactive Inc.)

Termination Due to Disability. In The Company shall have the event the right to terminate Executive’s employment by due to his Disability, in which event the Company is terminated because he is adjudged by the Compensation Committee shall promptly pay him all compensation, expenses and other amounts owed to be disabled within the meaning him as of the Company’s long-term disability plan, the Executive shall be entitled to:Date of Termination (as defined in Section 5.10 below).

Appears in 1 contract

Samples: Employment Agreement (American Defense Systems Inc)

Termination Due to Disability. In the event of the Executive’s employment by 's Disability (as hereinafter defined), the Company is terminated because he is adjudged by the Compensation Committee to be disabled within the meaning of the Company’s long-term disability plan, the Executive shall be entitled to:to terminate his employment upon

Appears in 1 contract

Samples: Employment Agreement (Getty Images Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.