Common use of Termination Upon Death or Permanent and Total Disability Clause in Contracts

Termination Upon Death or Permanent and Total Disability. The Employment Period shall be terminated by the death of Mx. Xxxxxx. The Employment Period may be terminated by the Board of Directors of the Company if Mx. Xxxxxx shall be rendered incapable of performing his duties to the Company by reason of any medically determined physical or mental impairment that can be reasonably expected to result in death or that can be reasonably be expected to last for a period of either (i) six (6) or more consecutive months from the first date of Mx. Xxxxxx’x absence due to the disability or (ii) nine (9) months during any twelve-month period (a “Permanent and Total Disability”). If the Employment Period is terminated by reason of a Permanent and Total Disability of Mx. Xxxxxx, the Company shall give thirty (30) days’ advance written notice to that effect to Mx. Xxxxxx.

Appears in 2 contracts

Samples: Executive Employment Agreement (Mobilepro Corp), Executive Employment Agreement (Mobilepro Corp)

AutoNDA by SimpleDocs

Termination Upon Death or Permanent and Total Disability. The Employment Period shall be terminated by the death of MxXx. XxxxxxXxXxxxxx. The Employment Period may be terminated by the Board of Directors of the Company if MxXx. Xxxxxx XxXxxxxx shall be rendered incapable of performing his duties to the Company by reason of any medically determined physical or mental impairment that can be reasonably expected to result in death or that can be reasonably be expected to last for a period of either (i1) six (6) or more consecutive months from the first date of MxXx. Xxxxxx’x XxXxxxxx'x absence due to the disability or (ii2) nine (9) months during any twelve-month period (a "Permanent and Total Disability"). If the Employment Period is terminated by reason of a Permanent and Total Disability of MxXx. XxxxxxXxXxxxxx, the Company shall give thirty (30) 30 days' advance written notice to that effect to MxXx. XxxxxxXxXxxxxx.

Appears in 1 contract

Samples: Executive Employment Agreement (Lti Holdings Inc)

Termination Upon Death or Permanent and Total Disability. The Employment Period shall be terminated by the death of MxXx. XxxxxxXxxxxxxxxxx. The Employment Period may be terminated by the Board of Directors of the Company if MxXx. Xxxxxx Xxxxxxxxxxx shall be rendered incapable of performing his duties to the Company by reason of any medically determined physical or mental impairment that can be reasonably expected to result in death or that can be reasonably be expected to last for a period of either (i1) six (6) or more consecutive months from the first date of MxXx. Xxxxxx’x Xxxxxxxxxxx'x absence due to the disability or (ii2) nine (9) months during any twelve-month period (a "Permanent and Total Disability"). If the Employment Period is terminated by reason of a Permanent and Total Disability of MxXx. XxxxxxXxxxxxxxxxx, the Company shall give thirty (30) 30 days' advance written notice to that effect to MxXx. XxxxxxXxxxxxxxxxx.

Appears in 1 contract

Samples: Executive Employment Agreement (Lti Holdings Inc)

AutoNDA by SimpleDocs

Termination Upon Death or Permanent and Total Disability. The Employment Period shall be terminated by the death of MxXx. XxxxxxXxxxxxxx. The Employment Period may be terminated by the Board of Directors of the Company if MxXx. Xxxxxx Xxxxxxxx shall be rendered incapable of performing his duties to the Company by reason of any medically determined physical or mental impairment that can be reasonably expected to result in death or that can be reasonably be expected to last for a period of either (i) six (6) or more consecutive months from the first date of MxXx. Xxxxxx’x Xxxxxxxx’x absence due to the disability or (ii) nine (9) months during any twelve-month period (a “Permanent and Total Disability”). If the Employment Period is terminated by reason of a Permanent and Total Disability of MxXx. XxxxxxXxxxxxxx, the Company shall give thirty (30) days’ advance written notice to that effect to MxXx. XxxxxxXxxxxxxx.

Appears in 1 contract

Samples: Executive Employment Agreement (Mobilepro Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.