Death/Disability definition

Death/Disability means Employee’s: (a) death; (b) becoming incapacitated or disabled so as to entitle Employee to benefits under the Company’s long-term disability plan; or (c) becoming permanently and totally unable to perform Employee’s duties for the Company as a result of any physical or mental impairment supported by a written opinion by a physician selected by the Company.
Death/Disability. The Agreement provides no special death benefits. However, full salary (less available disability insurance benefits) is provided for up to one year of permanent disability (or, if less, the end of the remaining term of the agreement), with continued life, medical and dental insurance coverage for the remaining term (as long as continued contributions are made).

Examples of Death/Disability in a sentence

  • Death/Disability of Qualified BeneficiaryRefund equal to the value of the mean-weighted average cost of tuition at the colleges for the type of contract purchased will be made to the purchaser.

  • In no event shall the Executive be obligated to seek other employment or take any other action by way of mitigation of the amounts payable to the Executive as Severance or Death/Disability Payments, and, except as provided in Section 5(a)(ii)(B) hereof, such amounts shall not be reduced whether or not the Executive obtains other employment.

  • The dues are made up of three components; Medical Dues, Pension Dues, Death/Disability Insurance Dues plus any additional options the pastor chooses and the church accepts payment for.

  • The Company will also provide any “Additional Death/Disability Benefits” provided in your Schedule.

  • The Death/Disability Severance Payment will be paid to Executive in a lump sum on the sixtieth (60) day following the date of termination.

  • Death/Disability (b) — Accrued Benefits — Continuation, for a period of one year, of benefits to cover the Executive and the Executive’s family members under the Company’s health and dental insurance plans; provided, however, that the Executive’s family members continue to meet the eligibility requirements for coverage of an employee’s family members under those plans.

  • Notwithstanding anything to the contrary in this Agreement, no compensation and benefits, including without limitation any Severance payments or Death/Disability Payments, shall be paid to the Executive during the 6-month period following his Separation from Service to the extent that the Employer reasonably determines that paying such amounts at the time or times indicated in this Agreement would result in a prohibited distribution under Section 409A(a)(2)(b)(i) of the Code.

  • Notwithstanding anything to the contrary in this Agreement, no compensation and benefits, including without limitation any Severance payments or Death/Disability Payments, shall be paid to the Executive during the 6-month period following his Separation from Service to the extent that the Employer reasonably determines that paying such amounts at the time or times indicated in this Agreement would result in a prohibited distribution under Code Section 409A(a)(2)(b)(i).

  • The Chief Executive Officer or, in the event of the Chief Executive Officer’s death, the estate of the Chief Executive Officer shall be entitled to a Death/Disability Benefit, payable in cash, equal to one (1) times his Base Salary.

  • Such Death/Disability Benefit is mutually exclusive of any Severance Benefit or Change in Control Benefit hereunder.


More Definitions of Death/Disability

Death/Disability. One year after termination of employment. Unexercisable options will terminate upon termination of employment, unless vesting acceleration is explicitly provided for. Option Exercise Options shall be granted at an exercise price which is equal Price to the price per share paid by Blackstone. EXERCISABILITY OF OPTIONS --Vesting Options shall become exercisable with respect to 33 1/3% of the shares subject to such options on each June 30, 2000, 2001, 2002 respectively, if the Executive's Term of Employment continues through and includes such dates.
Death/Disability. We review the client’s cash needs at death, income needs of surviving dependents, estate planning and disability income.  ESTATE: We assist the client in assessing and developing long-term strategies, including as appropriate, living trusts, xxxxx, review estate tax, powers of attorney, asset protection plans, nursing homes, Medicaid and elder law. We gather required information through in-depth personal interviews. Information gathered includes the client's current financial status, tax status, future goals, returns objectives and attitudes towards risk. We carefully review documents supplied by the client, including a questionnaire completed by the client, and prepare a written report. Should the client choose to implement the recommendations contained in the plan, we suggest the client work closely with his/her attorney, accountant, insurance agent, and/or stockbroker. Implementation of financial plan recommendations is entirely at the client's discretion. We also provide general non-securities advice on topics that may include tax and budgetary planning, estate planning and business planning. Investment recommendations in financial plans may include any or all of the following:  Exchange-listed securities  Securities traded over-the-counterCorporate debt securities (other than commercial paper)  Commercial paper  Certificates of depositMunicipal securities, including 529 college savings plansVariable life insurance  Variable annuitiesMutual fund sharesUnited States governmental securitiesOptions contracts on securities  Interests in partnerships investing in real estate  Interests in partnerships investing in oil and gas interests  Any investments held by the client at the inception of the advisory relationship. Typically the financial plan is presented to the client within six months of the contract date, provided that all information needed to prepare the financial plan has been promptly provided. Financial Planning recommendations are not limited to any specific product or service offered by a broker-dealer or insurance company. All recommendations are of a generic nature. In performing our services, we are not required to verify any information received from the client or from the client’s other professionals (e.g., attorney, accountant, etc.) and we will rely on such information. Investment Professionals may recommend the services of us, themself, and/or other professionals to implement the financial planning recommendat...
Death/Disability. Nonvested options terminate immediately and vested options terminate upon the later of (a) the first anniversary of Optionee's date of termination, or (b) the earlier of (i) the fourth anniversary of the grant date, or (ii) the third anniversary of Executive's date of termination. Fired without Cause/Quit for Good Reason: Nonvested options terminate immediately and vested options expire upon the later of (a) 90 days following Executive's termination of employment, or (b) the earlier of (i) the fourth anniversary of the grant date, or (ii) the third anniversary of Executive's date of termination.

Related to Death/Disability

  • person with disability means a person as referred to in clause (t) of section 2 of the Persons with Disabilities (Equal Opportunities, Protection of Rights and Full Participation) Act, 1995 or clause (j) of section 2 of the National Trust for Welfare of Persons with Autism, Cerebral Palsy, Mental Retardation and Multiple Disabilities Act, 1999;

  • Person with disabilities means an individual with 1 or more disabilities.

  • Pregnancy disability means a pregnancy-related medical condition or miscarriage.

  • mental disability means one or more mental disorders, as defined in the most recent edition of the American Psychiatric Association's "Diagnostic and Statistical Manual of Mental Disorders", or a record of or regarding a person as having one or more such disorders;

  • Accidental disability means a physical or mental condition that

  • Disability retirement for plan 1 members, means the period

  • Partial Disability or "Partially Disabled" means you, as a result of Injury or Sickness, are able to:

  • Permanent Disability means that:

  • Catastrophic disability means a physical and not a psychological

  • Disability means total and permanent disability as defined in Section 22(e)(3) of the Code.

  • Developmental disability means that term as defined in section 100a of the mental health code, 1974 PA 258, MCL 330.1100a.

  • Total Disability means a “permanent and total disability” within the meaning of Section 22(e)(3) of the Code and such other disabilities, infirmities, afflictions or conditions as the Committee by rule may include.

  • Disability/Disabled means because of Injury or Sickness you are unable to perform the material duties of your Regular Occupation, or are receiving disability benefits under the Employer's plan, during the initial 9 months of Disability. Thereafter, you must be unable to perform all of the material duties of any occupation which you may reasonably become qualified based on education, training or experience, or are subject to the terms of a Rehabilitation Plan approved by the Insurance Company.

  • Child with a disability means a child who, by reason of any of the following, needs special education and related services:

  • Recurrent Disability means a Disability caused by an Injury or Sickness that is the same as, or related to, the cause of a prior Disability for which Monthly Benefits were payable. A Recurrent Disability will be treated as follows.

  • Long-Term Disability means the Grantee is receiving long-term disability benefits under the Employer’s long-term disability plan.

  • Date of Disability means the date on which a Participant is classified as disabled as defined in the Company's Long-Term Disability Plan.

  • Permanent partial disability means permanent disability which is less than total and shall be equal to or the same as permanent impairment;

  • Physical disability means a severe, chronic condition that is attributable to a physical impairment that results in substantial limitations of physical functioning in three or more of the following areas of major life activities: self-care, receptive and expressive language, learning, mobility, self-direction, capacity for independent living, and economic self-sufficiency.

  • Service-connected disability means a disability incurred or aggravated in the line of duty in the active military, naval, or air service as described in 38 USC 101(16).

  • Individual with a disability means a person who has a disability and does not include an individual currently engaging in the illegal use of drugs, when the district acts on the basis of such use.

  • Complete Disability means the inability of the Executive to perform the Executive’s duties under this Agreement by reason of any incapacity, physical or mental, which the Board, based upon medical advice or an opinion provided by a licensed physician acceptable to the Board, determines to have incapacitated the Executive from satisfactorily performing all of the Executive’s usual services for the Company for a period of at least one hundred twenty (120) days during any twelve (12) month period (whether or not consecutive). Based upon such medical advice or opinion, the determination of the Board shall be final and binding and the date such determination is made shall be the date of such Complete Disability for purposes of this Agreement.

  • Permanent total disability means incapacity because of accidental injury or occupational disease to earn any wages in any employment for which the employee may become physically suited and reasonably fitted by education, training or experience, including vocational rehabilitation; loss of both hands, or both feet, or both legs, or both eyes, or any two thereof, shall constitute permanent total disability;

  • Disability Termination means termination by the Company of the Executive’s employment by reason of the Executive’s incapacitation due to disability. The Executive will be deemed to be incapacitated due to disability if at the end of any month the Executive is unable to perform substantially all of the Executive’s duties under this Agreement in the normal and regular manner due to illness, injury or mental or physical incapacity, and has been unable so to perform for either (i) three consecutive full calendar months then ending, or (ii) 90 or more of the normal working days during the 12 consecutive full calendar months then ending. Nothing in this paragraph alters the Company’s obligations under applicable law, which may, in certain circumstances, result in the suspension or alteration of the foregoing time periods.

  • Permanent Disablement means a disability falling under one of the items of disablement listed in the scale of compensation in this Policy under Section 1, which was caused by an Accident, as long as the disability lasts for twelve (12) consecutive months from the date of the Accident and at the expiry of that period Our appointed Registered Medical Practitioner confirms that the disability is not going to improve after twelve (12) months.

  • Multiple disabilities means concomitant impairments (such as mental retardation-blindness or mental retardation-orthopedic impairment), the combination of which causes such severe educational needs that they cannot be accommodated in special education programs solely for one of the impairments. Multiple disabilities does not include deaf-blindness.