Disability definition

Disability means, in respect of a person, a permanent impairment of a physical, intellectual, or sensory function, which results in restricted, or lack of, ability to perform an activity in the manner, or within the range, considered normal for a human being.
Disability means total and permanent disability as defined in Section 22(e)(3) of the Code.
Disability means the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

Examples of Disability in a sentence

  • If the Participant’s Continuous Service is terminated for any reason other than Cause, death or Disability, the Participant may exercise the vested portion of the Option, but only within such period of time ending on the earlier of (a) the date that is three months following the termination of the Participant’s Continuous Service or (b) the Expiration Date.

  • Grantee shall forfeit all of Grantee’▇ ▇▇▇▇▇, title and interest in and to the Performance Share Units in the event Grantee’▇ ▇▇▇▇▇yment with the Company terminates before the Distribution Date for any reason other than death, Disability or Retirement.

  • Subject to Participant’s (or Participant’s legal representative’s) satisfaction of the Release Condition, if, prior to a Change in Control, Participant’s Continuous Service terminates prior to the Certification Date as a result of Participant’s death or Disability, all Restricted Stock Units will vest based on deemed achievement of target performance as of the date on which such termination occurs.

  • In the event of a Termination of Service due to the Participant’s death, Disability or Retirement prior to the last day of the Service Period, the PSUs shall vest on each Determination Date on a pro rata basis, calculated as: a * (b/c), rounded down to the nearest whole Share.

  • All unvested Shares subject to this Stock Award shall vest immediately upon a termination due to death or Disability.


More Definitions of Disability

Disability means total and permanent disability as defined in Section 22(e)(3) of the Code, provided that in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time to time.
Disability means, with respect to a Participant, the inability of such Participant to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or that has lasted or can be expected to last for a continuous period of not less than 12 months, as provided in Sections 22(e)(3) and 409A(a)(2)(c)(i) of the Code, and will be determined by the Board on the basis of such medical evidence as the Board deems warranted under the circumstances.
Disability means the permanent and total disability of a person within the meaning of Section 22(e)(3) of the Code.
Disability means total and permanent disability as defined in ---------- Section 22(e)(3) of the Code.
Disability means Executive’s inability to perform Executive’s duties hereunder by reason of any medically determinable physical or mental impairment for a period of ninety (90) consecutive days or one hundred eighty (180) days or more in any twelve (12) month period.
Disability means Executive (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than twelve (12) months, or (ii) is, by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than twelve (12) months, receiving income replacement benefits for a period of not less than three (3) months under an accident and health plan covering Company employees.
Disability means that a Participant (i) is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, or (ii) is, by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than 3 months under an accident and health plan covering employees of the Participant’s employer.