Common use of Termination Upon Total Disability Clause in Contracts

Termination Upon Total Disability. In the event Employee’s employment is terminated by reason of his Total Disability, then in such event, Employee, or his representative, shall be entitled to receive all unpaid Vested Incentive Compensation, such amounts paid into the Escrow Account pursuant to this Agreement (plus interest accrued thereon), any accrued and unused vacation time, and accrued automobile allowance and all other benefits provided Employee through the date of such termination by reason of Total Disability.

Appears in 5 contracts

Samples: Employment and Non Competition Agreement (Ashworth Inc), Employment and Non Competition Agreement (Ashworth Inc), Employment and Non Competition Agreement (Ashworth Inc)

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Termination Upon Total Disability. In the event Employee’s 's employment is terminated by reason of his Total Disability, then in such event, Employee, or his representative, shall be entitled to receive all unpaid Vested Incentive Compensation, such amounts paid into the Escrow Account pursuant to this Agreement (plus interest accrued thereon), any accrued and unused vacation time, and accrued automobile allowance and all other benefits provided Employee through the date of such termination by reason of Total Disability.

Appears in 1 contract

Samples: Executive Employment Agreement (Ashworth Inc)

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