Common use of Death or Incapacity Clause in Contracts

Death or Incapacity. If the Executive’s employment is terminated by reason of the Executive’s death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s Date of Termination.

Appears in 15 contracts

Samples: Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co)

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Death or Incapacity. If the Executive’s employment is terminated on or after the Operative Date by reason of the Executive’s death or Incapacity during Incapacity, the Employment Period, this Agreement shall terminate without further obligations sole payments and benefits to which the Executive or the Executive’s legal representatives under this Agreement, other than for shall be entitled hereunder shall be (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iiiSections 4(b)(iii) and 6(a)(vi) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s Date of Termination.

Appears in 4 contracts

Samples: Executive Agreement (Rouse Company), Executive Agreement (Rouse Company), Executive Agreement (Rouse Company)

Death or Incapacity. If the Executive’s 's employment is terminated on or after the Operative Date by reason of the Executive’s 's death or Incapacity during the Employment PeriodIncapacity, this Agreement shall terminate without further obligations to the Executive or the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iiiSections 4(b)(iii) and 6(a)(vi) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 4 contracts

Samples: Executive Agreement (Corporate Realty Consultants Inc), Executive Agreement (Corporate Realty Consultants Inc), Executive Agreement (Corporate Realty Consultants Inc)

Death or Incapacity. If the Executive’s employment is terminated by reason of the Executive’s death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s Date of Termination.

Appears in 2 contracts

Samples: Change in Control Agreement (Brinks Co), Change in Control Agreement (Brinks Co)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and Other Benefits, and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) the Company Plans as in effect at immediately prior to the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 2 contracts

Samples: Executive Agreement (Itt Corp /Nv/), Executive Agreement (Itt Corp /Nv/)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date date hereof or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 2 contracts

Samples: Severance Agreement (Pittston Co), Severance Agreement (Pittston Co)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 2 contracts

Samples: Executive Agreement (Pittston Co), Executive Agreement (Pittston Co)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and Other Benefits, and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) the Company Plans as in effect at immediately prior to the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.. (d)

Appears in 1 contract

Samples: Executive Agreement (Itt Destinations Inc /Nv)

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Death or Incapacity. If the Executive’s 's employment is terminated either prior to March 3, 2002 or on or after the Change in Control Operative Date by reason of the Executive’s 's death or Incapacity during the Employment PeriodIncapacity, this Agreement shall terminate without further obligations to the Executive or the Executive’s 's legal representatives under this Agreement, Agreement other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iiiSections 4(b)(iii) and 6(a)(vi) as in effect at the Change in Control Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 1 contract

Samples: Letter Agreement (Rouse Company)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability dis- ability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date date hereof or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 1 contract

Samples: Severance Agreement (Pittston Co)

Death or Incapacity. If the Executive’s 's employment is terminated on or after the Operative Date by reason of the Executive’s 's death or Incapacity during the Employment PeriodIncapacity, this Agreement shall terminate without further obligations to the Executive or the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iiiSections 4(b) (iii) and 6(a) (vi) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 1 contract

Samples: Executive Agreement (Corporate Realty Consultants Inc)

Death or Incapacity. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability dis- ability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date or, if more favorable to the Executive, at the Executive’s 's Date of Termination.

Appears in 1 contract

Samples: Executive Agreement (Pittston Co)

Death or Incapacity. If the Executive’s employment is terminated by reason of the Executive’s death or Incapacity during the Employment Period, this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement, other than for (i) timely payment of Accrued Obligations in a lump sum in cash within 30 days after the Date of Termination and (ii) provision by the Company of death benefits or disability benefits for termination due to death or Incapacity, respectively, in accordance with Section 3(b)(iii) as in effect at the Operative Date date hereof or, if more favorable to the Executive, at the Executive’s Date of Termination.

Appears in 1 contract

Samples: Severance Agreement (Brinks Co)

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