Common use of In the Event of Disability Clause in Contracts

In the Event of Disability. The Company shall have the right to terminate this Agreement in the event of Executive's inability to substantially perform the essential functions of his job duties hereunder for a period of three months out of any six month period during his employment, whether such inability results from illness, accident or otherwise. In the event that the Company terminates Executive's employment during the term of this Agreement as a result of Executive's Disability, Executive shall be entitled to the bi-weekly installments of his Base Salary for a period of six months following the date of termination; Executive's Business Expense Reimbursement not paid prior to termination; and the continuation of Executive's health and welfare benefits through the end of the terms of this Agreement. In addition, the Board of Directors may, at its sole discretion, pay to Executive a pro-rata portion of any bonus Executive would have received pursuant to Section 4(f); it being understood that the Board shall have no obligation to award such bonus.

In the Event of Disability. The Company shall have the right to terminate this Agreement in the event of Executive's inability to substantially perform the essential functions of his job duties hereunder for a period of three months out of any six month period during his employment, whether such inability results from illness, accident or otherwise. In the event that the Company terminates Executive's employment during the term of this Agreement as a result of Executive's Disability, Executive shall be entitled to the bi-weekly installments of his Base Salary for a period of six months following the date of termination; , Executive's Business Expense Reimbursement not paid prior to termination; , and the continuation of Executive's health and welfare benefits through the end of the terms of this Agreement. In addition, the Board of Directors may, at its sole discretion, pay to Executive a pro-rata portion of any bonus Executive would have received pursuant to Section 4(f); it being understood that the Board shall have no obligation to award such bonus.