Death or Disability Contract Clauses (165)

Death or Disability. In the event that your employment with the Company or its subsidiaries or Affiliates is terminated due to death or Disability (as the term is defined in the Plan or determined under local law), prior to the end of the Performance Period, shares of Stock shall be issued during the period January 1 to March 15 of the calendar year following the end of the Performance Period based on actual performance as determined at the first Committee meeting following the Performance Period.

Death or Disability. In the event White's employment is terminated by death or upon medical certification of total disability ("disability"), then the following will apply in that respective event: (a)In the event of White's death, the Company shall: - Pay to White's estate an amount equal to White's base salary for a 6 (six) month period next following his death; - Pay to White's estate his deferred compensation vested at the time of death; - Grant to White's estate the next ISO due to White under Section IV.2 here...in following the date of his death; - The Company shall continue providing medical and dental benefits set forth in Section IV to White's survivors (if any) for a period of one year. (b)In the Event of White's disability, the Company shall: - Pay to White an amount equal to White's base salary for a six (6) month period next following disability; - Pay to White his deferred compensation vested at the time of termination; - The Company shall pay to White an amount equal to the bonus White would have received for the next two quarters following disability; - The Company shall continue providing the medical and dental benefits set forth in Section IV.2 to White for a period of two years following disability. The payment of $50,000 contemplated in paragraph 2 above shall not be applicable if termination occurs for the reasons specified in this paragraph 5. - 3 - XI.RESTRICTIVE COVENANTS. View More

Death or Disability. If you cease to be a director of the Company because of your death or Disability, any vesting restrictions on Restricted Stock Units and Additional Restricted Stock Units will lapse, and payment will be made in accordance with Section 5. If you are deceased, the Company will make a payment to your estate only after the Committee has determined that the payee is the duly appointed executor or administrator of your estate.

Death or Disability. The Employee's employment will terminate immediately upon the Employee's death. If the Employee becomes physically or mentally disabled so as to become unable for a period of more than five consecutive months or for shorter periods aggregating at least five months during any twelve-month period to perform the Employee's duties hereunder on a substantially full-time basis, the Employee's employment will terminate as of the end of such five-month or twelve-month period and this shall be considered... a "disability" under this Agreement. Such termination shall not affect the Employee's benefits under the Company's disability insurance program, if any, then in effect. View More

Death or Disability. If Executive's employment terminates by reason of Death or "Disability," defined as Executive's failure to perform his material duties due to a physical or mental injury, infirmity or incapacity for 90 consecutive days (including weekends and holidays) in any 365-day period Company shall pay or provide the Executive (i) any unpaid Base Salary through the date of termination; (ii) any unpaid bonus earned prior to the date of termination; (iii) reimbursement for any unreimbursed expenses incurred ...through the date of termination; and (iv) all other payments or benefits to which the Executive may be entitled under the terms of any applicable compensation arrangement or benefit, equity or benefit plan or program or grant of this Agreement (collectively, "Accrued Amounts"). View More

Death or Disability. Death. In the event that Executive dies during the Term hereof, this Agreement shall terminate and the Company shall have no further liability or obligation hereunder to Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through Executive. All unvested stock options, restricted stock or restricted stock units owned by Executive at the time of death shall immediately vest in accordance with their terms of grant, and Executive's hei...rs, legal representatives or administrators will be entitled to receive payment for Executive's Base Salary and accrued but unused vacation time through the date of death and the other benefits, rights and/or payments prescribed under any employee welfare or benefit plans in which Executive was participating at the time of his death in accordance with the terms and conditions of such plans. 10 b. Disability. In the event that Executive is unable fully to perform his duties and responsibilities hereunder by reason of his Disability, this Agreement may be terminated by Executive or the Company with written notice that, in the opinion of the party providing notice, a Disability (as defined herein) exists as of the date of notice and such party intends to terminate this Agreement for Disability reasons within fifteen (15) days from the date of notice. Any such Disability termination by Executive shall be accompanied by a written statement from a qualified licensed physician that Executive's health has become impaired to an extent that makes the continued performance of his duties hereunder, with or without reasonable accommodation, hazardous to his physical or mental health or his life. In the event of any dispute as to whether a qualified Disability exists under this Paragraph 13, Executive shall submit to a physical examination by a licensed physician selected by Company and reasonably acceptable to Executive. Executive shall continue to be compensated as provided in this Agreement through the date of written notice and for fifteen (15) days after the date of written notice. If this Agreement is terminated for Disability, then Executive shall be paid a special benefit of his regular Base Salary for the twelve-month period after termination. In addition, all unvested stock options, restricted stock and restricted stock units owned by Executive as of the Disability termination date shall immediately vest, and Executive will be entitled to receive payment for Executive's Base Salary and accrued but unused vacation time through the effective date of termination and the other the benefits, rights and/or payments prescribed under any employee welfare or benefit plan in which Executive was participating at the time of such Disability in accordance with the terms and conditions of such plans. View More

Death or Disability. Notwithstanding anything in this Agreement to the contrary, upon your termination of employment due to death or Disability (as defined herein), a prorated portion (based on the period working during the Performance Period) of the Performance Cash granted to you hereunder shall vest based on the Company's actual achievement of the Performance Goals at the end of the Performance Period as certified by the Committee, and payment will be made to you after the Committee has approved and certified the... amount of Performance Cash that has been earned hereunder. For purposes of this Award Agreement, "Disability" shall mean "permanent and total disability" as defined in Section 22 (e)(3) of the Code. 3 6. Retirement. Notwithstanding anything in this Agreement to the contrary, upon your retirement (with Committee approval), the Committee may, in its sole discretion, vest some or all of the Performance Cash granted to you hereunder and payment shall be made on such terms and conditions as the Committee may deem appropriate; provided, however, such payment shall be made in a manner that is exempt from or complies with Section 409A of the Code. View More

Death or Disability. If your Termination of Employment occurs because of your death or Disability before the last day of the Performance Cycle, you or your estate will receive your Target Award as your Actual Award for the Performance Cycle. [No Additional Restricted Stock Units will be paid in this case. OR Additional Restricted Stock Units will be calculated as provided in Section 4.] If your Termination of Employment occurs because of your death or Disability after the last day of the Performance Cycle but before... the Actual Award is fully paid, you or your estate will receive the remainder of your unpaid Actual Award for the Performance Cycle. [No Additional Restricted Stock Units will be paid in this case. OR Additional Restricted Stock Units will be calculated as provided in Section 4.] View More

Death or Disability. If, before a vesting date, the Grantee's employment terminates due to the Grantee's death or if the Grantee's employment is terminated by the Company due to the Grantee's Disability, any unvested portion of the Award shall become vested as of the date of termination. For purposes of the Award, the Grantee shall be deemed to have a "Disability" if, in the determination of the Compensation Committee of the Board of the Board of Directors (or its designee), the Grantee is unable to engage in any su...bstantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to last for a continuous period of not less than twelve months. View More