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

Termination on Death or Permanent Disability. If Executive’s employment is terminated by reason of Executive’s death or Permanent Disability during the Term, this Agreement shall terminate without further obligations to Executive, other than for (i) payment of the Accrued Obligation, (ii) payment of any unreimbursed expenses; (iii) any unpaid Bonuses owed to Executive for previous Bonus Years due pursuant to the terms and conditions of Section 3.3 of this Agreement, (iv) if Executive’s Date of Termination was after June 30 of a year, the pro rata payment of the Annual Bonus as determined by the Board for such Bonus Year of termination payable pursuant to the terms and conditions of Section 3.3 of this Agreement and (v) the timely payment or provision of any and all benefit obligations provided under Section 3.4, which under their terms are available in the event of death or disability.

Termination on Death or Permanent Disability. If Executive’s employment is terminated by reason of Executive’s death or Permanent Disability during the Term, this Agreement the Company shall terminate without have no further obligations to Executive, other than for (i) payment of the Accrued Obligation, (ii) payment of any unreimbursed expenses; (iii) any unpaid Bonuses owed to Executive for previous Bonus Years due pursuant to the terms and conditions of Section 3.3 of this Agreement, (iv) if Executive’s the Date of Termination was is after June 30 of a yearBonus Year, the pro rata payment of the Annual Bonus as determined by the Board for such Bonus Year of termination payable pursuant to the terms and conditions of Section 3.3 of this Agreement and (v) the timely payment or provision of any and all benefit obligations provided under Section 3.4, which under their terms are available in the event of Executive’s death or disabilityPermanent Disability.