ILLNESS OR OTHER INCAPACITY Sample Clauses

ILLNESS OR OTHER INCAPACITY. If during the term of this Agreement, Employee shall fail to perform his duties hereunder as a result of illness or other incapacity and such illness or incapacity shall continue for a period of more than three (3) months, Corporation shall have the right to terminate this Agreement and the employment hereunder as of date to be specified in a notice of termination, such date to be not less than thirty (30) days after the mailing by certified mail of such notice. If Employee's illness or incapacity shall have ended, and the Employee shall have assumed his duties hereunder, prior to the date specified in the notice of termination, he shall be entitled to resume his employment hereunder as if such notice had not been given. If such termination occurs, Employee shall continue to be bound by the covenants contained in Section 5 hereof, but in all other regards, this Agreement shall terminate as of such termination date, and Corporation shall pay to Employee or his legal representative (i) compensation provided for in Section 3.1 of this Agreement for the remaining term of this Agreement, but in no event less than one year, if the Corporation has not provided disability insurance pursuant to Section 3.5 (ii) a pro rata share of incentive compensation under Section 3.8 based on the number of days in the year that elapsed prior to such termination and as if all performance goals had been met, and (iii) such other benefits, if any, as may be determined by Corporation. 4.3
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ILLNESS OR OTHER INCAPACITY. If Xxxxxxxx, during the term of this Agreement, shall fail to perform her duties hereunder as a result of illness or other incapacity shall continue for a period of more than six months, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to Xxxxxxxx, such date to be not less than thirty (30) days following receipt of said notice.
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ILLNESS OR OTHER INCAPACITY. If Kimmons, during the term of this Agreement, shall fail to perform his duties hereunder as a result of illness or other incapacity which shall continue for a period of more than six months, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to Kimmons, such date to be not less than thirty (30) days following receipt of said notice.
Sample 1
ILLNESS OR OTHER INCAPACITY. If DeJoria, during the term of this Agreement, shall fail to perform his duties hereunder as a result of illness or other incapacity which shall continue for a period of more than twelve weeks, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to DeJoria, such date to be not less than thirty (30) days following receipt of said notice. The Initial Shares shall be fully vested as of the date of termination and not be subject to repurchase by GKIS.
Sample 1
ILLNESS OR OTHER INCAPACITY. If GRIBI, during the term of this Agreement, shall fail to perform his duties hereunder as a result of illness or other incapacity which shall continue for a period of more than twelve weeks, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to GRIBI, such date to be not less than thirty (30) days following receipt of said notice. Any remaining unvested Options shall fully vest as of the date of termination.
Sample 1
ILLNESS OR OTHER INCAPACITY. If ETHRIDGE, during the term of txxx agreement, shall fail to perform her duties hereunder as a result of illness or other incapacity which shall continue for a period of more than six weeks, the Corporation shall have the right to terminate this agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to ETHRIDGE, such date to be not xxxx xxan ten (10) days following receipt of said notice. The Initial Shares shall be fully vested as of the date of termination and will not be subject to return to GKIS.
Sample 1
ILLNESS OR OTHER INCAPACITY. If CANION, during the term of this Agreement, shall fail to perforx xxx duties hereunder as a result of illness or other incapacity which shall continue for a period of more than twelve weeks, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to CANION, such date to be not less than thirty (30) days followinx xxxxipt of said notice. The Initial Shares shall be fully vested as of the date of termination and not be subject to repurchase by GKIS.
Sample 1
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ILLNESS OR OTHER INCAPACITY. If Alexander, during the term of this Agreement, shall fail to perform her duties hereunder as a result of illness or other incapacity shall continue for a period of more than six months, the Corporation shall have the right to terminate this Agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to Alexander, such date to be not less than thirty (30) days following receipt of said notice.
Sample 1
ILLNESS OR OTHER INCAPACITY. If MEADOR, during the term of thix agreement, shall fail to perform his duties hereunder as a result of illness or other incapacity which shall continue for a period of more than six weeks, the Corporation shall have the right to terminate this agreement and the employment hereunder as of a date to be specified in a written notice of termination sent to MEADOR, such date to be not lexx xxxn ten (10) days following receipt of said notice. The Initial Shares shall be fully vested as of the date of termination and will not be subject to return to GKIS.
Sample 1

Related to ILLNESS OR OTHER INCAPACITY

  • Illness or Incapacity If, during any term of this Agreement, Executive shall become unable to perform his duties by reason of illness or incapacity, then Employer, may, at its option, terminate this Agreement. In such event, the notice period shall be not less than the applicable elimination period in any employee disability plan of the Employer in which Executive participates. It is agreed that the determination of illness or incapacity shall be made upon the basis of qualified medical evidence and if, during the notice period, Executive returns to work and is capable of carrying out his duties, then Employer's right to terminate for illness or incapacity is suspended.

  • Incapacity If a Limited Partner is subject to Incapacity, the executor, administrator, trustee, committee, guardian, conservator or receiver of such Limited Partner’s estate shall have all the rights of a Limited Partner, but not more rights than those enjoyed by other Limited Partners, for the purpose of settling or managing the estate, and such power as the Incapacitated Limited Partner possessed to Transfer all or any part of its interest in the Partnership. The Incapacity of a Limited Partner, in and of itself, shall not dissolve or terminate the Partnership.

  • Illness Employee shall be entitled to 10 days per year as sick leave and/or personal leave with full pay. Sick leave may be accumulated up to a total of thirty (30) days. As with all employees of the Company, the accumulated balance of unused sick time will not be paid as compensation upon termination of employment.

  • Inability to Perform This Lease and the obligations of the Tenant hereunder shall not be affected or impaired because the Landlord is unable to fulfill any of its obligations hereunder or is delayed in doing so, if such inability or delay is caused by reason of strike, labor troubles, acts of God, or any other cause beyond the reasonable control of the Landlord.

  • Termination Due to Death or Permanent Disability If the Employment Period shall be terminated due to death or Permanent Disability of the Executive, the Executive (or his estate or legal representative) shall be entitled solely to the following: (i) Base Salary through the Date of Termination; and (ii) medical benefits as provided in Section 5.05 below. The Executive’s entitlements under any other benefit plan or program shall be as determined thereunder. In addition, promptly following any such termination, the Executive (or his estate or legal representative) shall be reimbursed for all Reimbursable Expenses incurred by the Executive prior to such termination.

  • Permanent Disability Permanent Disability" shall mean Employee's physical or mental incapacity to perform his or her usual duties with such condition likely to remain continuously and permanently as determined by Employer.

  • Termination for Other than Cause Except as otherwise provided herein, if, prior to the later of May 30, 2012 and a Public Offering, the Participant’s employment is terminated for a reason other than by the Company for Cause (each, a “Section 6(b) Call Event”), with respect to Stock held by the Participant, the Company may purchase all or any portion of the shares of Stock then held by the applicable Participant Entities at a per share price equal to the Fair Value per share on the date the Call Notice is given, (the “Section 6(b) Repurchase Price”).

  • Termination for Cause or Other Than for Good Reason If during the Term the Executive’s employment shall be terminated by the Company for Cause or by the Executive for other than Good Reason, this Agreement shall terminate without further obligation on the part of the Company to the Executive, other than the Company’s obligation to pay the Executive the Accrued Obligations to the extent theretofore unpaid.

  • ENGAGEMENT IN OTHER EMPLOYMENT Executive shall devote all of his working time, ability and attention to the business of the Corporation and the Bank and/or their subsidiaries or affiliates, during the term of this Agreement. The Executive shall seek approval of the President and CEO of the Corporation and of the Bank in writing before the Executive engages in any other business or commercial duties or pursuits, including but not limited to, directorships of other companies. Under no circumstances may the Executive engage in any business or commercial activities, duties or pursuits which compete with the business or commercial activities of the Corporation, the Bank and/or any of their subsidiaries or affiliates nor may the Executive serve as a director or officer or in any other capacity in a company which competes with the Corporation, the Bank and/or any of their subsidiaries or affiliates. Executive shall not be precluded, however, upon written notification to the President and CEO, from engaging in voluntary or philanthropic endeavors, from engaging in activities designed to maintain and improve his professional skills, or from engaging in activities incident or necessary to personal investments, so long as they are, in the President and CEO’s reasonable opinion, not in conflict with or detrimental to the Executive’s rendition of services on behalf of the Corporation, the Bank and/or any of their subsidiaries or affiliates.

  • Inability to Pay Any Borrower or any Guarantor shall admit in writing its inability, or be generally unable, to pay its debts as they become due or cease operations of its present business;

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