Common use of Termination Upon Death or Permanent Disability Clause in Contracts

Termination Upon Death or Permanent Disability. This Agreement shall be automatically terminated on the death of Executive or on the permanent disability of Executive if Executive is no longer able to perform in all material respects the usual and customary duties of Executive’s employment hereunder. For purposes hereof, any condition which in reasonable likelihood is expected to impair Executive’s ability to materially perform Executive’s duties hereunder for a period of three months or more shall be considered to be permanent.

Appears in 25 contracts

Samples: Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (Healthtronics, Inc.), Executive Employment Agreement (American Physicians Service Group Inc)

AutoNDA by SimpleDocs

Termination Upon Death or Permanent Disability. This Agreement shall be automatically terminated on the death of Executive or on the permanent disability of Executive if Executive is no longer able to perform in all material respects the usual and customary duties of Executive’s 's employment hereunder. For purposes hereof, any condition which in reasonable likelihood is expected to impair Executive’s 's ability to materially perform Executive’s 's duties hereunder for a period of three months or more shall be considered to be permanent.

Appears in 6 contracts

Samples: Executive Employment Agreement (Prime Medical Services Inc /Tx/), Executive Employment Agreement (American Physicians Service Group Inc), Executive Employment Agreement (American Physicians Service Group Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.