Common use of Termination Due to Medical Condition Clause in Contracts

Termination Due to Medical Condition. (i) CP&L may terminate ▇▇▇▇▇' employment hereunder, subject to the Americans With Disabilities Act or other applicable law, due to medical condition if (i) for a period of 180 consecutive days during the Employment Term, ▇▇▇▇▇ is totally and permanently disabled as determined in accordance with the Company's long-term disability plan, if any, as in effect during such time or (ii) at any time during which no such plan is in effect, ▇▇▇▇▇ is substantially unable to perform ▇▇▇▇▇' duties hereunder because of a medical condition for a period of 180 consecutive days during the Employment Term. (ii) Upon the termination of ▇▇▇▇▇' employment due to medical condition or placement of ▇▇▇▇▇ on Long Term Disability (LTD), CP&L shall have no further obligation to ▇▇▇▇▇ under this Agreement except as specifically provided in this Agreement. Upon such termination, ▇▇▇▇▇ shall be entitled to all earned but unpaid Salary accrued to the date of termination and any Bonus for a prior fiscal year that has been earned but not paid. Bonus, if any, for the current fiscal year shall be calculated on a pro rata basis for the portion of the fiscal year ▇▇▇▇▇ was employed by CP&L and shall be paid at the regularly scheduled time for the payment of the Bonus. Any continued rights and benefits ▇▇▇▇▇, or ▇▇▇▇▇' legal representatives, may have under employee benefit plans and programs of CP&L upon ▇▇▇▇▇' termination due to medical condition, if any, shall be determined in accordance with the terms and provisions of such plans and programs.

Termination Due to Medical Condition. (i) CP&L may terminate ▇▇▇▇▇' Employee's employment hereunder, subject to the Americans With Disabilities Act or other applicable law, due to medical condition if (i) for a period of 180 consecutive days during the Employment Term, ▇▇▇▇▇ Employee is totally and permanently disabled as determined in accordance with the Company's long-term disability plan, if any, as in effect during such time or (ii) at any time during which no such plan is in effect, ▇▇▇▇▇ Employee is substantially unable to perform ▇▇▇▇▇' Employee's duties hereunder because of a medical condition for a period of 180 consecutive days during the Employment Term. (ii) Upon the termination of ▇▇▇▇▇' Employee's employment due to medical condition or placement of ▇▇▇▇▇ Employee on Long Term Disability (LTD), CP&L shall have no further obligation to ▇▇▇▇▇ Employee under this Agreement except as specifically provided in this Agreement. Upon such termination, ▇▇▇▇▇ Employee shall be entitled to all earned but unpaid Salary accrued to the date of termination and any Bonus for a prior fiscal year that has been earned but not paid. Bonus, if any, for the current fiscal year shall be calculated on a pro rata basis for the portion of the fiscal year ▇▇▇▇▇ Employee was employed by CP&L and shall be paid at the regularly scheduled time for the payment of the Bonus. Any continued rights and benefits ▇▇▇▇▇Employee, or ▇▇▇▇▇' Employee's legal representatives, may have under employee benefit plans and programs of CP&L upon ▇▇▇▇▇' Employee's termination due to medical condition, if any, shall be determined in accordance with the terms and provisions of such plans and programs.