Examples of Complete Disability in a sentence
For purposes of the Supplemental Retention Bonus, a “Qualified Termination” is an involuntary termination that is initiated by the Company without Cause (as herein defined) and that is not due to the Executive’s death or Complete Disability (as herein defined).
For purposes of the Retention Bonus, a “Qualified Termination” is an involuntary termination that is initiated by the Company without Cause (as herein defined) and that is not due to the Executive’s death or Complete Disability (as herein defined).
Additionally, in the event the Executive is terminated without Cause and other than due to the Executive’s death or Complete Disability prior to a Sale of Cloudbreak and the Sale of Cloudbreak later occurs, then, provided the Executive satisfies the conditions of a Release as set forth in Section 4.4.2.1, the Executive shall also be entitled to receive the Sale Bonus in the next payroll period following the date on which the Sale of Cloudbreak occurs.
If the Executive’s employment is terminated due to Executive’s death or Complete Disability, the Company shall pay Executive or his estate the Accrued Amounts and any Accrued and Unpaid Bonus for the prior year, if applicable, subject to standard deductions and withholdings, to be paid as a lump sum no later than thirty (30) days after the date of termination.