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 Permanent Disability, the Company shall have no further liability or further obligation to the Executive except as follows: the Executive (and his estate or designated beneficiaries under any Company-sponsored employee benefit plan in the event of his death) shall be entitled to receive:

Appears in 5 contracts

Samples: Employment Agreement (Spirit Finance Corp), Employment Agreement (Spirit Finance Corp), Employment Agreement (Spirit Finance Corp)

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Termination on Death or Permanent Disability. Upon a termination of employment due to the Executive’s death or Permanent Disability, the Company shall have no further liability or further obligation to the Executive except as follows: the Executive (and his her estate or designated beneficiaries under any Company-sponsored employee benefit plan in the event of his her death) shall be entitled to receive:

Appears in 1 contract

Samples: Employment Agreement (Spirit Finance Corp)

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