Termination of Employment by Reason of Death or Disability. Your employment shall terminate automatically if you die during the Change of Control Period. If the Company determines in good faith that you incurred a Disability during the Change of Control Period, it may give you written notice, in accordance with Section 5 hereof, of its intention to terminate your employment. In such event, your employment with the Company shall terminate effective on the thirtieth (30) calendar day after your receipt of such notice if you have not returned to full-time duties within thirty (30) calendar days after such receipt. If your employment is terminated for death or Disability during the Change of Control Period, this Agreement shall terminate without further obligations on the part of the Company other than the obligation to pay to you or your representative, as applicable, the following amounts:
Appears in 32 contracts
Samples: Sponsoring Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp), Change of Control Agreement (LKQ Corp)
Termination of Employment by Reason of Death or Disability. Your employment shall terminate automatically if you die during the Change of Control Employment Period. If the Company determines in good faith that you incurred a Disability during the Change of Control Employment Period, it may give you written notice, notice in accordance with Section 5 hereof, 9 of its intention to terminate your employment. In such event, your employment with the Company shall terminate effective on the thirtieth (30) calendar 30th day after your receipt of such notice if notice, PROVIDED that, within 30 days after such receipt, you have not returned to full-time duties within thirty (30) calendar days after such receiptduties. If your employment is terminated for death or Disability during the Change of Control Employment Period, this Agreement shall terminate without further obligations on the part of to the Company other than the obligation to pay to you or your representative, as applicable, the following amountsfollowing:
Appears in 1 contract
Samples: Waddell & Reed Financial Inc