Disability of Executive Contract Clauses (6)

Grouped Into 2 Collections of Similar Clauses From Business Contracts

This page contains Disability of Executive clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Disability of Executive. The Company may terminate this Agreement without liability if Executive shall be permanently prevented from properly performing her essential duties hereunder with reasonable accommodation by reason of illness or other physical or mental incapacity for a period of more than 120 consecutive days. Upon such termination, Executive shall be entitled to all accrued but unpaid Base Salary and vacation.
Found in Moregain Pictures, Inc. contract
Disability of Executive. The Company may terminate this Agreement without liability if Executive shall be permanently prevented from properly performing her his essential duties hereunder with reasonable accommodation by reason of illness or other physical or mental incapacity for a period of more than 120 consecutive days. Upon such termination, Executive shall be entitled to all accrued but unpaid Base Salary Salary, accrued bonus (if any) and accrued vacation.
Found in MAGNEGAS APPLIED TECHNOLOGY SOLUTIONS, INC. contract
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Disability of Executive. The Company may terminate this Agreement without liability if Executive shall be permanently prevented from properly performing her essential duties hereunder with reasonable accommodation by reason of illness or other physical or mental incapacity for a period of more than 120 consecutive days. In the event of the disability of Executive and her termination in accordance with this Section, the Company's obligations hereunder shall automatically cease and terminate; provided, however, that withi...n 15 days the Company shall pay to Executive's heirs or personal representatives Executive's Base Salary and accrued paid time off accrued to the date of termination. However, if Executive's employment is terminated by the Company under this section for disability, then all stock options that have not vested for Executive shall vest on the date of termination in accordance with the terms of any incentive plan they were issued under. View More
Found in ADOMANI, INC. contract
Disability of Executive. The Company may terminate this Agreement without liability if Executive shall be permanently prevented from properly performing her his essential duties hereunder with reasonable accommodation by reason of illness or other physical or mental incapacity for a period of Reynolds Employment Agreement 1 more than 120 consecutive days. In days.In the event of the disability of Executive and her his termination in accordance with this Section, the Company's obligations hereunder shall automatically ce...ase and terminate; provided, however, that within 15 days the Company shall pay to Executive's heirs or personal representatives Executive's Base Salary and accrued paid time off vacation accrued to the date of termination. However, if Executive's employment is terminated by the Company under this section for disability, then all stock options that have not vested for Executive shall vest on the date of termination in accordance with termination.Executive shall have ninety days (90) to pay for such stock options which have received accelerated vesting after notification is received from the terms of any incentive plan they were issued under. Company by the Executive, his Personal Representative or Heirs at the address noted herein. View More
Found in ADOMANI, INC. contract
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