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

Termination Due to Death or Incapacity. This Agreement shall be terminated upon the Executive's death or by the Company, at its discretion, because of the Executive's failure to perform substantially all of the material duties of his position for a period of at least one hundred eighty (180) consecutive calendar days due to physical or mental illness or injury.

Appears in 3 contracts

Samples: Executive Employment Agreement (Ballantyne of Omaha Inc), Executive Employment Agreement (Ballantyne of Omaha Inc), Executive Employment Agreement (Ballantyne of Omaha Inc)

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Termination Due to Death or Incapacity. This Agreement shall be terminated upon the Executive's ’s death or by the Company, at its discretion, because of the Executive's ’s failure to perform substantially all of the material duties of his position for a period of at least one hundred eighty (180) consecutive calendar days due to physical or mental illness or injury.

Appears in 1 contract

Samples: Executive Employment Agreement (Ballantyne of Omaha Inc)

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