Common use of Termination Due to Death or Disability Clause in Contracts

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment is terminated by the Company due to the Executive’s death or Disability, the Company shall pay to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).

Appears in 9 contracts

Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)

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Termination Due to Death or Disability. In the event that during the Employment Term the If Executive’s 's employment is terminated by the Company due to the Executive’s death or Disability, the Company shall pay to the then Executive, or the Executive’s 's estate, will receive: (i) payment for all amounts fully Base Salary and accrued but unused vacation earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination; and (ii) a lump-sum payment equal to the pro-rata portion of Executive's full Target Bonus, if any, in respect based on Executive's length of Salary, and accrued but not yet paid Annual Performance Bonus owed from service during the year prior in which Executive's employment is terminated due to Executive’s termination (the “Accrued Compensation”)death or Disability.

Appears in 9 contracts

Samples: Employment Agreement (3dfx Interactive Inc), Employment Agreement (3dfx Interactive Inc), Employment Agreement (3dfx Interactive Inc)

Termination Due to Death or Disability. In the event that during the Employment Term If the Executive’s employment hereunder is terminated by during the Company Term due to the Executive’s death or Disability, the Company shall pay the Executive or his estate, as applicable, in addition to the ExecutiveAccrued Amounts, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid a Pro-Rata Annual Performance Bonus owed from Payment for the year prior to Executive’s termination (the “Accrued Compensation”)of such termination.

Appears in 4 contracts

Samples: Employment Agreement (Education Management LLC), Employment Agreement (Brown Mackie Holding CO), Employment Agreement (Brown Mackie Holding CO)

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment hereunder is terminated by the Company due to the Executive’s death or Disability, Executive shall receive the Company shall pay to Accrued Benefits and one year of the Executive, Medical Payment Amounts for Executive in the event of disability or the Executive’s estate, all amounts fully earned pursuant to family in the terms event of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”)death.

Appears in 4 contracts

Samples: Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp), Executive Employment Agreement (Alternative Ballistics Corp)

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment is terminated by the Company due to the Executive’s death or Disability, the Company shall pay to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).

Appears in 3 contracts

Samples: Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp), Employment Agreement (Sotherly Hotels Lp)

Termination Due to Death or Disability. Executive's employment may be terminated by the Company due to Executive's Disability (as defined in the Company's Human Resources policies). In the event that during the Employment Term the Executive’s 's employment hereunder terminates due to his death or is terminated by the Company due to the Executive’s death or 's Disability, the Company no termination benefits shall pay be payable to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”Executive except as provided in Section 7(f)(ii).

Appears in 3 contracts

Samples: Employment Agreement (Instinet Group Inc), Employment Agreement (Instinet Group Inc), Employment Agreement (Instinet Group Inc)

Termination Due to Death or Disability. Executive’s employment may be terminated by the Company due to Executive’s Disability (as defined in the Company’s Human Resources policies). In the event that during the Employment Term the Executive’s employment hereunder terminates due to his death or is terminated by the Company due to the Executive’s death or Disability, the Company no termination benefits shall pay be payable to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination Executive except as provided in Section 7(f) (the “Accrued Compensation”ii).

Appears in 2 contracts

Samples: Employment Agreement (Instinet Group Inc), Employment Agreement (Instinet Group Inc)

Termination Due to Death or Disability. In the event that during the Employment Term the If Executive’s 's employment is terminated by the Company due to the Executive’s death or Disability, the Company shall pay to the then Executive, or the Executive’s 's estate, will receive: (1) payment for all amounts fully Base Salary and accrued but unused vacation earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination; and (2) a lump-sum payment equal to the pro-rata portion of the full cash bonuses Executive otherwise would have earned for the fiscal year in which such termination occurs, if any, in respect based on Executive's length of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”)service during such fiscal year.

Appears in 2 contracts

Samples: Employment Agreement (Hyland Software Inc), Employment Agreement (Hyland Software Inc)

Termination Due to Death or Disability. In the event that during the Employment Term the If Executive’s employment with the Company (or any parent or subsidiary or successor of the Company) is terminated by the Company due to the Executive’s death or Disability, then all payments of compensation by the Company shall pay to the Executive, or the Executive’s estate, all Executive hereunder will terminate immediately (except as to amounts fully already earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”Obligations).

Appears in 1 contract

Samples: Employment Agreement (Intermedia Cloud Communications, Inc.)

Termination Due to Death or Disability. In the event that during the Employment Term the If Executive’s employment with the Company (or any parent or subsidiary of the Company) is terminated by the Company due to the Executive’s death or Disability, the Company shall pay to the Executive, or the Executive’s estatebecoming Disabled, all amounts fully then Executive or Executive’s estate (as the case may be) will (i) receive the earned pursuant to the terms of this Agreement, but unpaid hereunder base salary through the date of termination, if any, in respect termination of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).employment,

Appears in 1 contract

Samples: Severance Agreement (Artisan Components Inc)

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Termination Due to Death or Disability. In the event that -------------------------------------- during the Employment Term the Executive’s 's employment is terminated by the Company due to the Executive’s 's death or Disability, the Company shall pay to the Executive, or the Executive’s 's estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”)Obligations.

Appears in 1 contract

Samples: Employment Agreement (Sunterra Corp)

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment is terminated by the Company due to the Executive’s death or Disability, the Company Employer shall pay to Executive the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).following:

Appears in 1 contract

Samples: Employment Agreement (QualityTech, LP)

Termination Due to Death or Disability. Executive's employment may be terminated by the Company due to Executive's Disability (as defined in the Company's Human Resources policies). In the event that during the Employment Term the Executive’s 's employment hereunder terminates due to his death or is terminated by the Company due to the Executive’s death or 's Disability, the Company no termination benefits shall pay be payable to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination Executive except as provided in Section 7(f) (the “Accrued Compensation”ii).. EXECUTION COPY

Appears in 1 contract

Samples: Employment Agreement (Instinet Group Inc)

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment is terminated by the Company due to the Executive’s death or DisabilityDisability (as herein defined), the Company shall will pay to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).:

Appears in 1 contract

Samples: Executive Severance Agreement (World Fuel Services Corp)

Termination Due to Death or Disability. In the event that during the Employment Term the Executive’s employment is terminated by the Company due to the Executive’s Folsom Employment Agreement – 01/01/2016 death or Disability, the Company shall pay to the Executive, or the Executive’s estate, all amounts fully earned pursuant to the terms of this Agreement, but unpaid hereunder through the date of termination, if any, in respect of Salary, and accrued but not yet paid Annual Performance Bonus owed from the year prior to Executive’s termination (the “Accrued Compensation”).

Appears in 1 contract

Samples: Employment Agreement (Sotherly Hotels Lp)

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