Common use of By Disability Clause in Contracts

By Disability. If Employee becomes eligible for the Company's long term disability benefits or if, in the reasonable opinion of the Company's Board of Directors, Employee shall be unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety (90) consecutive days or more than one hundred and twenty (120) days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Employee's employment. The Company shall pay to Employee all compensation to which Employee is entitled up through the date of termination, and thereafter, all of the Company's obligations under this Agreement shall cease, except as provided in Section 6. Nothing in this Section shall affect Employee's rights under any disability plan in which he or she is a participant.

Appears in 4 contracts

Samples: Executive Employment Agreement (Bam Entertainment Inc), Executive Employment Agreement (Bam Entertainment Inc), Executive Employment Agreement (Bam Entertainment Inc)

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By Disability. If Employee becomes eligible for the Company's ’s long term disability benefits or if, in the reasonable sole opinion of the Company's Board of Directors, Employee shall be is unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety (90) consecutive days or more than one hundred and twenty days (120) days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Employee's ’s employment. The Company shall pay to Employee all compensation to which Employee is entitled up through the date of termination, and thereafter, thereafter all obligations of the Company's obligations Company under this Agreement shall cease, except as provided in Section 6. Nothing in this Section shall affect Employee's ’s rights under any disability plan in which he or she Employee is a participant.

Appears in 2 contracts

Samples: Employment Agreement (Stevia First Corp.), Employment Agreement (Stevia First Corp.)

By Disability. If Employee becomes eligible for the Company's ’s long term disability benefits or if, in the reasonable opinion of the Company's ’s Board of Directors, Employee shall be unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety forty-five (9045) consecutive days or more than one hundred and twenty sixty (12060) days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Employee's employment’s employment for “Disability”. The Upon any termination for Disability pursuant to this Section 4.D, the Company shall pay to Employee all compensation to which Employee is entitled up through the date of termination, and thereafter, all of the Company's ’s obligations under this Agreement shall cease, except as provided in Section 6. 5.E and Section 3.I. Nothing in this Section shall affect Employee's ’s rights under any disability plan in which he or she is a participant.

Appears in 2 contracts

Samples: Executive Employment Agreement (STW Resources Holding Corp.), Executive Employment Agreement (STW Resources Holding Corp.)

By Disability. If Employee becomes eligible for the Company's long term disability benefits of the Company or if, in the reasonable opinion of the Company's Board of DirectorsDirectors of the Company, Employee shall be is unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety (90) consecutive days or more than one hundred and twenty (120) days in any twelve-twelve (12) month period, then, to the extent permitted not prohibited by law, the Company may terminate Employee's employment. The Company shall pay to Employee all compensation to which Employee is entitled up through the date of termination, Termination Date; and thereafter, thereafter all obligations of the Company's obligations Company under this Agreement shall cease, except as provided in Section 6. Nothing in this Section paragraph shall affect Employee's rights under any disability plan in which he or she Employee is a participant.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

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By Disability. If Employee becomes eligible for the Company's long term disability benefits or if, in the reasonable opinion of the Company's Board of Directors, Employee shall be unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety (90) consecutive days or more than one hundred and twenty (120) days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Employee's employment. The Company shall pay to Employee all compensation to which Employee is entitled up through the date of termination, plus the Severance and benefit continuation required by Section 4(b) above, and thereafter, all of the Company's obligations under this Agreement shall cease, except as provided in Section 6. Nothing in this Section shall affect Employee's rights under any disability plan in which he or she is a participant.

Appears in 1 contract

Samples: Executive Employment Agreement (Bam Entertainment Inc)

By Disability. If Employee becomes eligible for the Company's long term disability benefits or if, in the reasonable opinion of the Company's Board of Directors, Employee shall be unable to carry out the responsibilities and functions of the position held by Employee by reason of any physical or mental impairment for more than ninety (90) consecutive days or more than one hundred and twenty (120) days in any twelve-month period, then, to the extent permitted by law, the Company may terminate Employee's employment. The Company shall immediately pay to Employee all compensation to which Employee is entitled up through the date of termination, termination and thereaftershall provide Employee with the Severance and benefit continuation required by Section 4(b) above. Thereafter, all of the Company's obligations under this Agreement shall cease, except as provided in Section 6. Nothing in this Section shall affect Employee's rights under any disability plan in which he or she is a participant.

Appears in 1 contract

Samples: Executive Employment Agreement (Bam Entertainment Inc)

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