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

Termination Upon Death or Permanent Disability. Executive's employment with Employer shall also terminate upon Executive's death or permanent mental or physical disability or other incapacity (as determined by the Board in its good faith judgment). Upon any such termination, Employer shall pay Executive (or Executive's estate or legal representative or guardian) all compensation then due and owing; thereafter, all of Employer's obligations under this Agreement shall cease.

Appears in 6 contracts

Samples: Employment Agreement (Seabright Insurance Holdings Inc), Employment Agreement (Seabright Insurance Holdings Inc), Employment Agreement (Seabright Insurance Holdings Inc)

AutoNDA by SimpleDocs

Termination Upon Death or Permanent Disability. Executive's ’s employment with Employer shall also terminate upon Executive's ’s death or permanent mental or physical disability or other incapacity (as determined by the Board in its good faith judgment). Upon any such termination, Employer shall pay Executive (or Executive's ’s estate or legal representative or guardian) all compensation then due and owing; thereafter, all of Employer's ’s obligations under this Agreement shall cease.

Appears in 5 contracts

Samples: Employment Agreement (SeaBright Holdings, Inc.), Employment Agreement (Seabright Insurance Holdings Inc), Employment Agreement (SeaBright Holdings, Inc.)

Termination Upon Death or Permanent Disability. Executive's ’s employment with Employer shall also terminate upon Executive's ’s death or permanent mental or physical disability or other incapacity (as determined by the Board in its good faith judgment). Upon any such termination, Employer shall pay Executive (or Executive's ’s estate or legal representative or guardian) all compensation then due and owingowing (including any portion of the Bonus earned for the calendar year of termination, pro rated to the date of termination based upon the actual number of days elapsed in such calendar year and paid in accordance with Section 3(b) above); thereafter, all of Employer's ’s obligations under this Agreement shall cease.

Appears in 2 contracts

Samples: Employment Agreement (NightHawk Radiology Holdings Inc), Employment Agreement (NightHawk Radiology Holdings Inc)

AutoNDA by SimpleDocs

Termination Upon Death or Permanent Disability. Executive's ’s employment with Employer shall also terminate upon Executive's ’s death or permanent mental or physical disability or other incapacity (as determined by the Board in its good faith judgment). Upon any such termination, Employer shall pay Executive (or Executive's ’s estate or legal representative or guardian) all compensation then due and owingowing (including Bonus, pro rated to the date of any such death or permanent mental or physical disability or other incapacity and paid in accordance with Section 3(b) above); thereafter, all of Employer's ’s obligations under this Agreement shall cease.

Appears in 1 contract

Samples: Employment Agreement (NightHawk Radiology Holdings Inc)

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