Common use of Termination upon Disability Clause in Contracts

Termination upon Disability. If during the Employment Term the Executive becomes physically or mentally disabled, whether totally or partially, as evidenced by the written statement of a competent physician licensed to practice medicine in the United States, so that the Executive is unable to substantially perform his services hereunder for (i) a period of six consecutive months, or (ii) for shorter periods aggregating six months during any period of twelve consecutive months, subject to applicable law, the Company may at any time after the last day of the six consecutive months of disability or the day on which the shorter periods of disability equal an aggregate of six months with a period of twelve consecutive months, by written notice to the Executive, terminate the Executive's employment hereunder. If such right is exercised, the Company's obligation to the Executive shall be as set forth in Section 5.5 below.

Appears in 13 contracts

Samples: Employment Agreement (Triad Medical Inc), Employment Agreement (Triad Medical Inc), Employment Agreement (Triad Medical Inc)

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Termination upon Disability. If during the Employment Term the Executive becomes physically or mentally disabled, whether totally or partially, as evidenced by the written statement of a competent physician licensed to practice medicine in the United States, so that the Executive is unable to substantially perform his services hereunder for (i) a period of six consecutive months, or (ii) for shorter periods aggregating six months during any period of twelve consecutive months, subject to applicable law, the Company may at any time after the last day of the six consecutive months of disability or the day on which the shorter periods of disability equal an aggregate of six months with within a period of twelve consecutive months, by written notice to the Executive, terminate the Executive's employment hereunder. If such right is exercised, the Company's obligation to the Executive shall be as set forth in Section 5.5 below.

Appears in 11 contracts

Samples: Employment Agreement (Oei International Inc), Employment Agreement (Work International Corp), Employment Agreement (Oei International Inc)

Termination upon Disability. If during the Employment Term the Executive becomes physically or mentally disabled, whether totally or partially, as evidenced by the written statement of a competent physician licensed to practice medicine in the United States, so that the Executive is unable to substantially perform his services hereunder with reasonable accommodation for (i) a period of six consecutive months, or (ii) for shorter periods aggregating six months during any period of twelve consecutive months, subject to applicable law, the Company may at any time after the last day of the six consecutive months of disability disability, or the day on which the shorter periods of disability equal an aggregate of six months with within a period of twelve consecutive months, by terminate the Executive’s employment hereunder, exercisable upon the affirmative vote of no less than three (3) members of the Board of Directors and the service of written notice to the Executive, terminate the Executive's employment hereunder. If such right is exercised, the Company's ’s obligation to the Executive shall be as set forth in Section 5.5 below.

Appears in 3 contracts

Samples: Key Executive Employment Agreement (Englobal Corp), Key Executive Employment Agreement (Englobal Corp), Key Executive Employment Agreement (Englobal Corp)

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Termination upon Disability. If during the Employment Term the Executive becomes physically or mentally disabled, whether totally or partially, as evidenced by the written statement of a competent physician licensed to practice medicine in the United States, so that the Executive is unable to substantially perform his services hereunder for (i) a period of six consecutive months, or (ii) for shorter periods aggregating six months during any period of twelve consecutive months, subject to applicable law, the Company may at any time after the last day of the six consecutive months of disability or the day on which the shorter periods of disability equal an aggregate of six months with within a period of twelve consecutive months, by written notice to the Executive, terminate the Executive's employment hereunder. If such right is exercised, the Company's obligation to the Executive shall be as set forth in Section 5.5 5.4 below.

Appears in 1 contract

Samples: Employment Agreement (Oei International Inc)

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