Common use of Termination by Reason of Death or Disability Clause in Contracts

Termination by Reason of Death or Disability. i. This Agreement will terminate automatically upon the Executive’s death. The Company may terminate Executive’s employment at the expiration of the Disability Period (as defined below), such termination to be effective upon Executive’s receipt of written notice of such termination.

Appears in 10 contracts

Samples: Executive Employment Agreement (Echo Healthcare Acquisition Corp.), Executive Employment Agreement (Pet DRx CORP), Executive Employment Agreement (Pet DRx CORP)

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Termination by Reason of Death or Disability. i. This Agreement will terminate automatically upon If the Executive’s death's employment is terminated by reason of his death or Disability, this Agreement shall terminate without further obligations to the Executive, the Executive's estate, heirs or other legal representatives under this Agreement, other than for payment of Accrued Obligations and the timely payment or provision of Other Benefits. The Company may terminate Accrued Obligations shall be paid to the Executive’s employment at , the expiration Executive's estate or designated beneficiary, as applicable, in a lump sum in cash within 30 days of the Disability Period (as defined below), such termination to be effective upon Executive’s receipt of written notice of such terminationTermination Date.

Appears in 2 contracts

Samples: Employment Agreement (American Business Products Inc), Employment Agreement (American Business Products Inc)

Termination by Reason of Death or Disability. i. This Agreement will terminate automatically upon the Executive’s 's death. The Company may terminate Executive’s 's employment at immediately upon the expiration occurrence of the Disability Period (as defined below)a Disability, such termination to be effective upon Executive’s 's receipt of written notice of such termination.

Appears in 1 contract

Samples: Employment Agreement (Clarus Therapeutics Inc)

Termination by Reason of Death or Disability. i. This Agreement will (i) The Company shall have the right to terminate automatically the Executive’s employment at any time during the Employment Period upon the Executive’s deathdeath or Disability (defined below). The Company may terminate In the event that the Executive’s employment at is terminated upon the expiration of the Disability Period (as defined below), such termination to be effective upon Executive’s receipt of written notice of such termination.death or Disability:

Appears in 1 contract

Samples: Employment Agreement (WPX Energy, Inc.)

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Termination by Reason of Death or Disability. i. This Agreement will terminate automatically upon the Executive’s death. The Company may terminate Executive’s employment at immediately upon the expiration occurrence of the Disability Period (as defined below)a Disability, such termination to be effective upon Executive’s receipt of written notice of such termination.

Appears in 1 contract

Samples: Executive Employment Agreement (Blue Water Acquisition Corp.)

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