Common use of Termination on Death or Permanent Disability Clause in Contracts

Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive's death or his becoming subject to Permanent Disability, the Company shall pay the Executive (or his estate or beneficiary) an amount equal to one (1) time the sum of the Executive's Base Salary and Annual Incentive Bonus (determined at the Superior Level for both compensation and individual performance for the year in which the termination of employment occurs), payable within ten (10) business days of the occurrence of the relevant event. The Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Equity Incentive Plan. The Executive (or his estate or beneficiary) shall have a one-year period following the occurrence of the relevant event in which to exercise his vested stock options, including those stock options that vested on such event. The Company shall pay to the Executive (or his estate or beneficiary) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of the occurrence of the relevant event and that are related to his period of employment preceding such date. The Company shall pay to the Executive (or his estate or beneficiary) the prorated amount of Incentive Bonus at the Target Level for both corporate and individual performance for the year in which such event occurs, prorated for the portion of the year during which the Executive was employed prior to the occurrence of the relevant event.

Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive's ’s death or his becoming subject to Permanent Disability, the Company shall pay the Executive (or his estate or beneficiary) an amount equal to one (1) time the sum of the Executive's ’s Base Salary and Annual Incentive Bonus (determined at the Superior Level for both compensation corporate and individual performance for the year in which the termination of employment occurs), payable within ten thirty (1030) business days of the occurrence of the relevant event. The Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Equity Incentive Plan. The Executive (or his estate or beneficiary) shall have a one-year period following the occurrence of the relevant event in which to exercise his vested stock options, including those stock options that vested on such event. The Company shall pay to the Executive (or his estate or beneficiary) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of the occurrence of the relevant event and that are related to his period of employment preceding such date. The Company shall pay to the Executive (or his estate or beneficiary) the prorated amount of Incentive Bonus at the Target Level for both corporate and individual performance for the year in which such event occurs, prorated for the portion of the year during which the Executive was employed prior to the occurrence of the relevant event.

Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive's ’s death or his becoming subject to Permanent Disability, the Company shall pay the Executive (or his estate or beneficiary) an amount equal to one (1) time the sum of the Executive's ’s Base Salary and Annual Incentive Bonus (determined at the Superior Level for both compensation and individual performance for the year in which the termination of employment occurs), payable within ten (10) business days of the occurrence of the relevant event. The Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Equity Incentive Plan. The Executive (or his estate or beneficiary) shall have a one-year period following the occurrence of the relevant event in which to exercise his vested stock options, including those stock options that vested on such event. The Company shall pay to the Executive (or his estate or beneficiary) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of the occurrence of the relevant event and that are related to his period of employment preceding such date. The Company shall pay to the Executive (or his estate or beneficiary) the prorated amount of Incentive Bonus at the Target Level for both corporate and individual performance for the year in which such event occurs, prorated for the portion of the year during which the Executive was employed prior to the occurrence of the relevant event.

Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive's ’s death or his becoming subject to Permanent Disability, the Company shall pay the Executive (or his estate or beneficiary) an amount equal to one (1) time the sum of the Executive's ’s Base Salary and Annual Incentive Bonus (determined at the Superior Level level for both compensation corporation and individual performance for the year in which the termination of employment occurs), payable within ten (10) business days of the occurrence of the relevant event. The Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Equity Incentive Plan. The Executive (or his estate or beneficiary) shall have a one-year period following the occurrence of the relevant event in which to exercise his vested stock options, including those stock options that vested on such event. The Company shall pay to the Executive (or to his estate or beneficiary) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of the occurrence of the relevant event and that are related to his period of employment preceding such date. The Company shall pay to the Executive (or to his estate or beneficiary) the prorated amount of Incentive Bonus at the Target Level for both corporate and individual performance for the year in which such event occurs, prorated for the portion of the year during which the Executive was employed prior to the occurrence of the relevant event.

Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive's death or his becoming subject to Permanent Disability, the Company shall pay the Executive (or his estate or beneficiary) an amount equal to one (1) time the sum of the Executive's Base Salary and Annual Incentive Bonus (determined at the Superior Level level for both compensation corporation and individual performance for the year in which the termination of employment occurs), payable within ten (10) business days of the occurrence of the relevant event. The Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Equity Incentive Plan. The Executive (or his estate or beneficiary) shall have a one-year period following the occurrence of the relevant event in which to exercise his vested stock options, including those stock options that vested on such event. The Company shall pay to the Executive (or to his estate or beneficiary) any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of the date of the occurrence of the relevant event and that are related to his period of employment preceding such date. The Company shall pay to the Executive (or to his estate or beneficiary) the prorated amount of Incentive Bonus at the Target Level for both corporate and individual performance for the year in which such event occurs, prorated for the portion of the year during which the Executive was employed prior to the occurrence of the relevant event.