Common use of Termination Following Disability Clause in Contracts

Termination Following Disability. During the first ninety calendar days after a mental or physical condition that renders Employee unable to perform the essential functions of his position with reasonable accommodation (the "Initial Disability Period"), Employee shall continue to receive his base salary pursuant to paragraph 2(a). Thereafter, if Employee qualifies for benefits under TeleTech's long term disability insurance plan (the "LTD Plan"), then he shall remain on leave for as long as he continues to qualify for such benefits, up to a maximum of 180 consecutive days (the "Long Term Leave Period"). The Long Term Leave Period shall begin on the first day following the end of the Initial Disability Period. During the Long Term Leave Period, Employee shall be entitled to any benefits to which the LTD Plan entitles her, but no additional compensation from TeleTech in the form of salary, performance bonus, new stock option grants, allowances or otherwise. If at the end of the Long Term Leave Period Employee remains unable to perform the essential functions of his position then TeleTech may terminate this Agreement and/or Employee's employment. In the event that TeleTech terminates this Agreement or Employee's employment under this subparagraph 7(f), TeleTech's payment obligation to Employee shall be limited to all compensation fully earned, and benefits fully vested as of the last date of Employee's continuous, full-time active employment with TeleTech. Except as specifically set forth above in this subparagraph 7(f), TeleTech shall not be required to pay any form of severance or other compensation concerning or on account of Employee' employment with TeleTech or the termination thereof. The compensation and benefits under this paragraph are in addition to any other compensation and benefits Employee may receive under any disability or other insurance policy.

Appears in 5 contracts

Samples: Employment Agreement (Teletech Holdings Inc), Employment Agreement (Teletech Holdings Inc), Employment Agreement (Teletech Holdings Inc)

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Termination Following Disability. During the first ninety calendar days after a mental or physical condition that renders Employee unable to perform the essential functions of his her position with reasonable accommodation (the "Initial Disability Period"), Employee shall continue to receive his her base salary pursuant to paragraph 2(a). Thereafter, if Employee qualifies for benefits under TeleTech's long term disability insurance plan (the "LTD Plan"), then he she shall remain on leave for as long as he she continues to qualify for such benefits, up to a maximum of 180 consecutive days (the "Long Term Leave Period"). The Long Term Leave Period shall begin on the first day following the end of the Initial Disability Period. During the Long Term Leave Period, Employee shall be entitled to any benefits to which the LTD Plan entitles her, but no additional compensation from TeleTech in the form of salary, performance bonus, new stock option grants, allowances or otherwise. If at the end of the Long Term Leave Period Employee remains unable to perform the essential functions of his her position then TeleTech may terminate this Agreement and/or Employee's employment. In the event that TeleTech terminates this Agreement or Employee's employment under this subparagraph 7(f), TeleTech's payment obligation to Employee shall be limited to all compensation fully earned, and benefits fully vested as of the last date of Employee's continuous, full-time active employment with TeleTech. Except as specifically set forth above in this subparagraph 7(f), TeleTech shall not be required to pay any form of severance or other compensation concerning or on account of Employee' employment with TeleTech or the termination thereof. The compensation and benefits under this paragraph are in addition to any other compensation and benefits Employee may receive under any disability or other insurance policy.

Appears in 1 contract

Samples: Employment Agreement (Teletech Holdings Inc)

Termination Following Disability. During the first ninety (90) calendar days after a mental or physical condition that renders Employee unable to perform the essential functions of his position with reasonable accommodation (the "Initial Disability Period"), Employee shall continue to receive his base salary pursuant to as set forth in paragraph 2(a). Thereafter, if Employee qualifies for benefits under TeleTech's ’s long term disability insurance plan (the "LTD Plan"), then he shall remain on leave for as long as he continues to qualify for such benefits, up to a maximum of 180 consecutive days (the "Long Term Leave Period"). The Long Term Leave Period shall begin on the first day following the end of the Initial Disability Period. During the Long Term Leave Period, Employee shall be entitled to any benefits to which the LTD Plan entitles herhim, but no additional compensation from TeleTech in the form of salary, performance or MIP bonus, new stock option grants, allowances or otherwise. If Consistent with applicable law, if at the end of the Long Term Leave Period Employee remains unable to perform the essential functions of his position position, then TeleTech may terminate this Agreement and/or Employee's ’s employment. In the event that TeleTech terminates this Agreement or Employee's ’s employment under this subparagraph 7(f7(e), TeleTech's ’s payment obligation to Employee shall be limited to all compensation fully earned, and benefits fully vested as of the last date of Employee's ’s continuous, full-time active employment with TeleTech. Except as specifically set forth above in this subparagraph 7(f7(e), TeleTech shall not be required to pay any form of severance, severance benefits, or other compensation concerning or on account of Employee' employment with TeleTech or the termination thereof. The compensation and benefits under this paragraph are in addition to any other compensation and benefits Employee may receive under any disability or other insurance policy.

Appears in 1 contract

Samples: Executive Employment Agreement (Teletech Holdings Inc)

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Termination Following Disability. During the first ninety (90) calendar days after a mental or physical condition that renders Employee unable to perform the essential functions of his her position with reasonable accommodation (the "Initial Disability Period"), Employee shall continue to receive his her base salary pursuant to paragraph 2(a). Thereafter, if Employee qualifies for benefits under TeleTech's ’s long term disability insurance plan (the "LTD Plan"), then he she shall remain on leave for as long as he she continues to qualify for such benefits, up to a maximum of 180 consecutive days (the "Long Term Leave Period"). The Long Term Leave Period shall begin on the first day following the end of the Initial Disability Period. During the Long Term Leave Period, Employee shall be entitled to any benefits to which the LTD Plan entitles her, but no additional compensation from TeleTech in the form of salary, performance bonus, new stock option grants, allowances or otherwise. If at the end of the Long Term Leave Period Employee remains unable to perform the essential functions of his position her position, then TeleTech may terminate this Agreement and/or Employee's ’s employment. In the event that TeleTech terminates this Agreement or Employee's ’s employment under this subparagraph 7(fparagraph 8(e), TeleTech's ’s payment obligation to Employee shall be limited to all compensation fully earned, and benefits fully vested as of the last date of Employee's ’s continuous, full-time active employment with TeleTech. Except as specifically set forth above in this subparagraph 7(fparagraph 8(e), TeleTech shall not be required to pay any form of severance, severance benefits, or other compensation concerning or on account of Employee' employment with TeleTech or the termination thereof. The compensation and benefits under this paragraph are in addition to any other compensation and benefits Employee may receive under any disability or other insurance policy.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Teletech Holdings Inc)

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