Common use of Termination for Death or Disability Clause in Contracts

Termination for Death or Disability. If the Executive's employment with the Company is terminated by reason of the Executive's death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 21 contracts

Samples: Retention Agreement (Netegrity Inc), Retention Agreement (Netegrity Inc), Retention Agreement (Netegrity Inc)

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Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her [his/her] estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 11 contracts

Samples: Retention Agreement (Network Engines Inc), Executive Retention Agreement (Network Engines Inc), Executive Retention Agreement (Network Engines Inc)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the without a Change in Control DateControl, then the Company shall (i) pay the Executive (or his or her [his/her] estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 11 contracts

Samples: Retention Agreement (Network Engines Inc), Executive Retention Agreement (Network Engines Inc), Executive Retention Agreement (Network Engines Inc)

Termination for Death or Disability. The Executive's employment shall terminate automatically upon the Executive's death during the Term. If the Company determines in good faith that the Disability (as defined below) of the Executive has occurred during the Term, it shall give written notice to the Executive of its intention to terminate his employment. In such event, the Executive's employment with the Company is terminated shall terminate effective on the 30th day after receipt of such notice by reason of the Executive's death or Disability , provided that, within 12 months following the Change in Control Datethirty (30) days after such receipt, then the Company shall (i) pay the Executive (or shall not have returned to full-time performance of his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefitsduties.

Appears in 10 contracts

Samples: Operating Agreement, Employment Agreement (Autobytel Com Inc), Employment Agreement (Autobytel Inc)

Termination for Death or Disability. If In the event the Executive's ’s employment with the Company is terminated by for reason of disability, as described herein, the Executive shall receive full compensation, benefits and reimbursement of expenses through the 180 day period following the effective date of termination for such disability. In the event the Executive's death ’s employment is terminated for reason of death, the Executive’s heirs or Disability within 12 months estate shall receive the equivalent of full compensation through the 180 day period following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date date of Termination, the Accrued Obligations death and (ii) timely pay or provide to the Executive the Other Benefitsreimbursement of all outstanding.

Appears in 5 contracts

Samples: Employment Agreement (Secure Alliance Holdings Corp), Employment Agreement (Secure Alliance Holdings Corp), Employment Agreement (Secure Alliance Holdings Corp)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 10 days after the Date of TerminationTermination (subject to any delay required by Section 8.8(a) hereof), the all Accrued Obligations other than those set forth in Section 4.1(a)(iv)(B) and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 2 contracts

Samples: Executive Retention Agreement (Bottomline Technologies Inc), Executive Retention Agreement (Bottomline Technologies Inc)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason and its subsidiaries terminates on account of the Executive's ’s death or Disability within 12 months following absence from work due to a disability for a period in excess of ninety (90) days in any twelve-month period that qualifies for benefits under the Change in Control Date, then the Company shall Company’s long-term disability program (i) pay the Executive (or his or her estate, if applicable“Disability”), in a lump sum in cash within 30 days after Executive will receive from the Date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefits.Company:

Appears in 2 contracts

Samples: Change of Control and Severance Agreement (Nuance Communications, Inc.), Change of Control and Severance Agreement (Nuance Communications, Inc.)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 10 days after the Date of Termination, the all Accrued Obligations other than those set forth in Section 4.1(a)(ii)(B) and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 2 contracts

Samples: Executive Retention Agreement (Bottomline Technologies Inc /De/), Executive Retention Agreement (Bottomline Technologies Inc /De/)

Termination for Death or Disability. If the Executive's employment with is terminated due to death or Disability pursuant to Section 4.2, the Company is terminated by reason shall continue to pay to the estate of the Executive or to the Executive, as applicable, for a period of six (6) months after termination of employment due to death or Disability, the Executive's death or Disability within 12 months following base salary as in effect on the Change in Control Datedate of termination, then and the Company shall (i) pay the Executive (or his or her estateExecutive's bonus, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide prorated to the Executive the Other Benefitslast day of actual employment.

Appears in 2 contracts

Samples: Employment Agreement (Prodigy Communications Corp), Employment Agreement (Prodigy Communications Corp)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 10 days after the Date of TerminationTermination (subject to any delay required by Section 8.9(a) hereof), the all Accrued Obligations other than those set forth in Section 4.1(a)(iv)(B) and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 1 contract

Samples: Executive Retention Agreement (Bottomline Technologies Inc /De/)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the terminates due to Executive's ’s death or Disability Disability, then Executive, or his estate, shall be entitled to receive, in addition to the Accrued Obligations, an amount equal to a pro-rata portion of his Target Bonus for the year of termination, which will be paid within 12 months thirty (30) days following the Change in Control Datedate of termination, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or provide subject to the Executive the Other BenefitsSection 7.

Appears in 1 contract

Samples: Executive Employment Agreement (Pfenex Inc.)

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Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason and its subsidiaries terminates on account of the Executive's ’s death or Disability within 12 months following absence from work due to a disability for a period in excess of ninety (90) days in any twelve-month period that qualifies for benefits under the Change in Control Date, then the Company shall Company’s long-term disability program (i) pay the Executive (or his or her estate, if applicable“Disability”), in a lump sum in cash within 30 days after the Date of TerminationCompany, the Accrued Obligations and (ii) timely pay or provide subject to the release and payment timing provisions in Section 8(a), shall provide Executive with the Other Benefits.following:

Appears in 1 contract

Samples: Employment Agreement (Nuance Communications, Inc.)

Termination for Death or Disability. If the Executive's ’s employment with by the Company is terminated ceases due to a termination by reason of death or disability as determined by the Board in its sole discretion and the Executive (or the Executive's death or Disability ’s beneficiaries as the case may be) executes and does not revoke a General Release within 12 2-1/2 months following the Change in Control Dateafter such termination of employment, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or will provide to the Executive or his beneficiaries the Other Benefitssame payments and benefits as set forth in Section 3.2.1 hereof.

Appears in 1 contract

Samples: Employment Agreement (Cv Therapeutics Inc)

Termination for Death or Disability. If the Executive's employment with is ------------------------------------ terminated due to death or Disability pursuant to Section 4.2, the Company is terminated by reason shall continue to pay to the estate of the Executive or to the Executive, as the case may be, for a period of 90 days after termination of employment due to death or Disability, the Executive's death or Disability within 12 months following base salary as in effect on the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date date of Termination, the Accrued Obligations and (ii) timely pay or provide to the Executive the Other Benefitstermination.

Appears in 1 contract

Samples: Employment Agreement (Prodigy Communications Inc)

Termination for Death or Disability. If the Executive's ’s employment with by the Company is terminated ceases due to a termination by reason of death or disability as determined by the Board in its sole discretion and the Executive (or the Executive's death or Disability ’s beneficiaries as the case may be) executes and does not revoke a General Release within 12 2-1/2 months following the Change in Control Dateafter such termination of employment, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 days after the Date of Termination, the Accrued Obligations and (ii) timely pay or will provide to the Executive or his beneficiaries all wages earned through the Other Benefitsdate of termination.

Appears in 1 contract

Samples: Employment Agreement (Design Within Reach Inc)

Termination for Death or Disability. If the Executive's ’s employment with the Company is terminated by reason of the Executive's ’s death or Disability within 12 months following the Change in Control Date, then the Company shall (i) pay the Executive (or his or her estate, if applicable), in a lump sum in cash within 30 10 days after the Date of Termination, the all Accrued Obligations other than those set forth in Section 4.1(a)(iv)(B) and (ii) timely pay or provide to the Executive the Other Benefits.

Appears in 1 contract

Samples: Executive Retention Agreement (Bottomline Technologies Inc /De/)

Termination for Death or Disability. If This Agreement shall terminate automatically upon the Executive's employment with death and may be terminated by the Company is terminated upon the Executive's Disability. Upon a termination by reason of the Executive's death or Disability within 12 months following the Change in Control DateDisability, then the Company shall (i) pay the Executive (or his or her estateshall, if applicable), in a lump sum in cash within 30 days after the Date of Termination, pay to the Accrued Obligations and Executive or her estate or beneficiaries, as the case may be, (i) any compensation or other obligations accrued for periods prior to the Date of Termination, (ii) timely pay or provide to the Executive Termination Payment, and (iii) the Other BenefitsExecutive's Vested Benefits as of the Date of Termination.

Appears in 1 contract

Samples: Employment Agreement (Bankunited Financial Corp)

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