Common use of Termination Upon Death or Disability Clause in Contracts

Termination Upon Death or Disability. In the event of Executive’s termination of employment due to death or Disability (as defined below) during the Term, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of the Date of Termination, the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior year, paid as set forth in Section 2(b) as if no such termination had occurred.

Appears in 7 contracts

Sources: Employment Agreement (XCF Global, Inc.), Employment Agreement (XCF Global, Inc.), Employment Agreement (XCF Global, Inc.)

Termination Upon Death or Disability. In the event of the termination of the Executive’s termination employment by reason of employment due to death or Disability (as defined below) during the TermDisability, the Company shall pay the Executive his Base Salary through the Date of Termination in accordance with the Company’s standard payroll practices, at the rate then in effect, and all expenses or accrued Benefits arising prior to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, such termination which are payable to the extent unpaid as of Executive pursuant to this Agreement through the Date of Termination. In addition, the Company Executive and/or his beneficiaries shall pay Executive be entitled to such other Benefits as shall be determined in accordance with the amount of Executive’s Annual Bonus for benefit plans maintained by the prior year, paid as set forth in Section 2(b) as if no such termination had occurredCompany.

Appears in 5 contracts

Sources: Employment Agreement (Icad Inc), Employment Agreement (Icad Inc), Employment Agreement (Icad Inc)

Termination Upon Death or Disability. In If Executive's employment is terminated by the event Company upon Executive's Disability or by reason of Executive’s termination of employment due to death or Disability (as defined below) during the Term, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of the Date of Termination's death, the Company shall pay Executive (or his beneficiaries, as applicable) any Accrued Compensation through the amount date of termination of employment. Executive’s Annual Bonus for 's entitlement to any other compensation or benefits hereunder shall be determined in accordance with the prior year, paid as set forth Company's benefit plans and other applicable programs and practices then in Section 2(b) as if no such termination had occurredeffect.

Appears in 4 contracts

Sources: Executive Employment Agreement (Commerce Energy Group Inc), Settlement Agreement (Commerce Energy Group Inc), Settlement Agreement (Commerce Energy Group Inc)

Termination Upon Death or Disability. In the event of the Executive’s termination of employment due to death or Disability (as defined below) during the Termdisability, the Company shall pay or provide the Amounts and Benefits to or for the benefit of Executive or Executive’s estateestate or the Executive, as applicable, the Accrued Benefits and, to the extent unpaid as of the Date of Termination, the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior year, paid as set forth in Section 2(b) as if no such termination had occurredcase may be.

Appears in 3 contracts

Sources: Employment Agreement (Iconix Brand Group, Inc.), Employment Agreement (Iconix Brand Group, Inc.), Employment Agreement (Iconix Brand Group, Inc.)

Termination Upon Death or Disability. In the event of If Executive’s termination employment is terminated as a result of employment due to death or Disability Disability, Executive (as defined below) during the Term, the Company shall pay to or for the benefit of Executive or Executive’s estate, or other designated beneficiary(s) as applicable, shown in the records of the Company in the case of death) shall be entitled to receive from the Company payment for the Accrued Benefits and, to the extent unpaid as of the Date of Termination, the Company shall pay Executive the amount of Benefits. Executive’s Annual Bonus for entitlement to any other benefits of a type not provided in this Agreement will be determined in accordance with the prior yearCompany’s employee benefit plans and other applicable programs, paid policies and practices as set forth in Section 2(b) as if no such termination had occurredeffect from time to time.

Appears in 2 contracts

Sources: Compensation Protection Agreement, Compensation Protection Agreement (Rh)

Termination Upon Death or Disability. In the event of Executive’s termination of employment due to death or Disability Disability, the employment of the Executive shall be terminated and the Company shall pay the Executive (or his estate or legal representatives) $2 million in cash. The Company shall take out a disability policy with the Executive as defined below) during beneficiary that will pay Executive the Termbalance of Base Salary due hereunder. In addition, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as reimburse any outstanding expenses of the Date of Termination, Executive in accordance with the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior year, paid as conditions set forth in Section 2(b) as if no herein. All compensation issued to Executive prior to such termination had occurredevent shall be unaffected.

Appears in 1 contract

Sources: Employment Agreement (Sunshine Biopharma, Inc)

Termination Upon Death or Disability. In the event of Executive’s termination of employment due to death or Disability (as defined below) during the Term, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of the Date of Termination, the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior yearyear (if awarded by the Board), paid as set forth in Section 2(b) as if no such termination had occurred.

Appears in 1 contract

Sources: Employment Agreement (XCF Global, Inc.)

Termination Upon Death or Disability. In the event of the Executive’s termination of employment due to death or Disability (as defined below) during the Termdisability, the Company shall pay or provide the Amounts and Benefits and the Medical Continuation Benefits to or for the benefit of Executive or Executive’s estateestate or the Executive, as applicable, the Accrued Benefits and, to the extent unpaid as of the Date of Termination, the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior year, paid as set forth in Section 2(b) as if no such termination had occurredcase may be.

Appears in 1 contract

Sources: Employment Agreement (Iconix Brand Group, Inc.)

Termination Upon Death or Disability. In If the event Executive's employment shall terminate by reason of Executive’s termination of employment due to his death or Disability (as defined below) during the TermDisability, the Company shall pay to the Executive (or for his estate or representative), in a lump sum within 90 days increase as determined by the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of Compensation after the Date of Termination, the Company shall pay Executive the amount of Executive’s Annual Prorated Short-Term Bonus for the prior year, paid as set forth fiscal year in Section 2(b) as if no which such termination had occurredoccurs.

Appears in 1 contract

Sources: Employment Agreement (International Technology Corp)

Termination Upon Death or Disability. In the event of Executive’s the termination of the Executive's employment due to by reason of death or Disability (as defined below) during the TermDisability, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of her Base Salary through the Date of Termination, at the Company shall pay Executive the amount of Executive’s Annual Bonus for the rate then in effect, and all expenses or accrued Benefits arising prior year, paid as set forth in Section 2(b) as if no to such termination had occurredwhich are payable to the Executive pursuant to this Agreement through the Date of Termination. In addition, the Executive and/or her beneficiaries shall be entitled to such other Benefits as shall be determined in accordance with the benefit plans maintained by the Company.

Appears in 1 contract

Sources: Employment Agreement (Icad Inc)

Termination Upon Death or Disability. In If the event Employment Period is terminated because of the death or disability of Executive’s termination of employment due to death or Disability (as defined below) during the Term, the Company shall be obligated to pay to or for the benefit of Executive or Executive’s estateor, as if applicable, the Accrued Benefits and, to the extent unpaid Executive's estate (a) any salary that was accrued but not yet paid as of the Date of TerminationEffective Termination Date; (b) the unpaid Performance Bonus, if any, with respect to the Company shall pay Executive the amount of Executive’s Annual Bonus for the prior calendar year, paid as set forth in Section 2(b) as if no such termination had occurred.

Appears in 1 contract

Sources: Employment Agreement (Allscripts Inc /Il)

Termination Upon Death or Disability. In the event of Executive’s the termination of the Executive's employment due to by reason of death or Disability (as defined below) during the TermDisability, the Company shall pay to or for the benefit of Executive or Executive’s estate, as applicable, the Accrued Benefits and, to the extent unpaid as of his Base Salary and a termination Bonus prorated through the Date of Termination, at the Company shall pay Executive the amount of Executive’s Annual rate then in effect, and all expenses or accrued Benefits, including any earned and unpaid Bonus for the a prior fiscal year, paid as set forth in Section 2(b) as if no arising prior to such termination had occurredwhich are payable to the Executive pursuant to this Agreement through the Date of Termination. In addition, the Executive and/or his beneficiaries shall be entitled to such other Benefits as shall be determined in accordance with the benefit plans maintained by the Company.

Appears in 1 contract

Sources: Employment Agreement (Gilman & Ciocia Inc)