Common use of Death, Retirement or Disability Clause in Contracts

Death, Retirement or Disability. Executive's employment shall terminate automatically upon Executive's death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "Retirement" shall mean Executive's voluntary termination of employment on or after the later of (i) 90 days after Executive has provided written notice to the Company's corporate secretary of his decision to retire, or (ii) Executive's attainment of age 60 (but shall not include Executive's voluntary termination after he has been given notice that he may be terminated for Cause). If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate Executive's employment. In such event, Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive's duties. For purposes of this Agreement, "Disability" shall mean mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company's employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability shall mean any illness or other physical or mental condition of Executive that renders Executive incapable of performing his customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, has lasted or can reasonably be expected to last for at least 180 days out of a period of 365 consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's condition.

Death, Retirement or Disability. Executive's ’s employment shall terminate automatically upon Executive's ’s death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "“Retirement" ” shall mean Executive's ’s voluntary termination of employment separation from service on or after the later of (i) 90 days after Executive has provided written notice to the Company's ’s corporate secretary of his decision to retire, or (ii) Executive's ’s attainment of age 60 (but shall not include Executive's ’s voluntary termination after he has been given notice that he may be terminated for Cause). If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b13(b) of this Agreement of its intention to terminate Executive's ’s employment. In such event, Executive's employment Executive shall separate from service with the Company shall terminate effective on the 30th day after receipt of such notice by Executive (the "“Disability Effective Date"”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive's ’s duties. For purposes of this Agreement, "“Disability" ” shall mean mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company's ’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability shall mean any illness or other physical or mental condition of Executive that renders Executive incapable of performing his customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, has lasted or can reasonably be expected to last for at least 180 days out of a period of 365 consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's ’s condition.

Death, Retirement or Disability. Executive's ’s employment shall terminate automatically upon Executive's ’s death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "“Retirement" ” shall mean Executive's ’s voluntary termination of employment separation from service on or after the later of (i) 90 days after Executive has provided written notice to the Company's ’s corporate secretary of his Executive’s decision to retire, or (ii) Executive's ’s attainment of age 60 (but shall not include Executive's ’s voluntary termination after he Executive has been given notice that he may be terminated for Cause). If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate Executive's ’s employment. In such event, Executive's employment Executive shall separate from service with the Company shall terminate effective on the 30th day after receipt of such notice by Executive (the "“Disability Effective Date"”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time full‑time performance of Executive's duties’s duties to the reasonable expectations of the Company. For purposes of this Agreement, "“Disability" shall mean mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company's employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability ” shall mean any illness or other physical or mental condition of Executive that renders Executive incapable of performing his Executive’s customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, has lasted or can reasonably be expected to last for at least 180 days out of a period of 365 consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's ’s condition.

Death, Retirement or Disability. Executive's ’s employment shall terminate automatically upon Executive's ’s death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "“Retirement" ” shall mean Executive's ’s voluntary termination of employment separation from service on or after the later of (i) 90 days after Executive has provided written notice to the Company's ’s corporate secretary of his decision to retire, or (ii) Executive's ’s attainment of age 60 (but shall not include Executive's ’s voluntary termination after he has been given notice that he may be terminated for Cause). If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate Executive's ’s employment. In such event, Executive's employment Executive shall separate from service with the Company shall terminate effective on the 30th day after receipt of such notice by Executive (the "“Disability Effective Date"”), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive's ’s duties. For purposes of this Agreement, "“Disability" ” shall mean mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company's ’s employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability shall mean any illness or other physical or mental condition of Executive that renders Executive incapable of performing his customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, has lasted or can reasonably be expected to last for at least 180 days out of a period of 365 consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's ’s condition.. (b)

Death, Retirement or Disability. Executive's employment shall terminate automatically upon Executive's death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "Retirement" shall mean Executive's voluntary termination of employment on or after the later of (i) 90 days after Executive has provided written notice to the Company's corporate secretary of his decision to retire, or (ii) Executive's attainment of age 60 (but shall not include Executive's voluntary termination after he has been given notice that he may be terminated for Cause). If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate Executive's employment. In such event, Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive's duties. For purposes of this Agreement, "Disability" shall mean mental or physical disability as determined by the Board in accordance with standards and procedures similar to those under the Company's employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability shall mean any illness or other physical or mental condition of Executive that renders Executive incapable of performing his customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, has lasted or can reasonably be expected to last for at least 180 days out of a period of 365 consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's condition.. (b)

Death, Retirement or Disability. Executive's employment shall ------------------------------- terminate automatically upon Executive's death or Retirement (pursuant to the definition of Retirement set forth below) during the Employment Period. For purposes of this Agreement, "Retirement" shall mean Executive's voluntary termination of employment on or after the later of (i) 90 days after Executive has provided written notice to normal retirement as defined in the Company's corporate secretary of his decision to retirethen-current retirement plan, or (ii) Executive's attainment of age 60 (but there is no such retirement plan, "Retirement" shall not include Executive's mean voluntary termination after he has been given notice that he may be terminated for Cause)age 65 with ten years of service. If the Company determines in good faith that the Disability of Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to Executive written notice in accordance with Section 12(b16(f) of this Agreement of its intention to terminate Executive's employment. In such event, Executive's employment with the Company shall terminate effective on the 30th day after receipt of such written notice by Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, Executive shall not have returned to full-time performance of Executive's duties. For purposes of this Agreement, "Disability" shall mean a mental or physical disability as determined by the Board of Directors of the Company in accordance with standards and procedures similar to those under the Company's employee long-term disability plan, if any. At any time that the Company does not maintain such a long-term disability plan, Disability shall mean any illness or other the inability of Executive, as determined by the Board, to substantially perform the essential functions of his regular duties and responsibilities due to a medically determinable physical or mental condition of Executive that renders Executive incapable of performing his customary and usual duties for the Company, or any medically determinable illness or other physical or mental condition resulting from a bodily injury, disease or mental disorder which, in either case, which has lasted (or can reasonably be expected to last last) for at least 180 days out of a period of 365 six consecutive days. The Board may require such medical or other evidence as it deems necessary to judge the nature and permanency of Executive's conditionmonths.