EFFECT OF TERMINATION ATTRIBUTABLE TO DEATH OR DISABILITY. In the event Executive's employment is terminated due to Executive's death or disability, then: (a) The Company shall pay Executive's accrued but unpaid Annual Salary and vacation time through the effective date of the termination; (b) The Company shall reimburse Executive for any business expenses incurred prior to the effective date of the termination; and (c) Executive (including Executive's heirs) shall be entitled to continue to participate in any Executive benefit plans except to the extent provided in such plans for terminated participants, or as may be required by applicable law.
Appears in 3 contracts
Sources: Employment Agreement (Blackwater Midstream Corp.), Employment Agreement (Blackwater Midstream Corp.), Employment Agreement (Blackwater Midstream Corp.)