Common use of Inability to Perform Job Duties Clause in Contracts

Inability to Perform Job Duties. In the event of Executive's death, this Agreement and the Executive's salary and compensation shall automatically end. If Executive becomes unable to perform his employment duties during the term of this Agreement for any reason, his compensation under this Agreement shall automatically end until such time as Executive becomes able to resume his job duties for the Company. In the event that Executive becomes unable to perform his employment duties for a cumulative period of greater than twelve (12) weeks within any span of twelve (12) months, this Agreement and Executive's employment will be automatically terminated.

Appears in 2 contracts

Sources: Employment Agreement (Merchantonline Com Inc), Employment Agreement (Merchantonline Com Inc)

Inability to Perform Job Duties. In the event of Executive's death, this Agreement and the Executive's salary and compensation shall automatically end. If Executive becomes unable to perform his employment duties during the term of this Agreement for any reason, his compensation under this Agreement shall automatically end until such time as Executive becomes able to resume his job duties for the Companyterminate. In the event that Executive becomes unable to perform his employment duties for a cumulative period of greater than twelve (12) weeks within any span of twelve (12) months, this Agreement and Executive's employment shall automatically terminate. In either event, Executive will be automatically terminatedimmediately entitled to all accrued and unpaid payments and benefits under Section 3.

Appears in 1 contract

Sources: Employment Agreement (Merchantonline Com Inc)