Termination as a Result of Disability. i. In the event of the Executive's disability, as hereinafter defined, the Executive shall be entitled to compensation in accordance with the Company's disability compensation practice for senior executives, including any separate arrangement or policy covering the Executive, but in all events the Executive shall continue to receive the Compensation and Benefits under Section 5 of this Agreement for a period of one (1) year subsequent to Termination as a Result of Disability which shall be paid in the same manner as that preceding Termination as a Result of Disability. The Company shall be obligated to pay to the Executive all earned but unpaid bonuses from previous years. Any amounts provided for in this Section 6.b shall not be offset by other long-term disability benefits provided to the Executive by the Company.
Appears in 3 contracts
Sources: Executive Employment Agreement (Jupiter Marine International Holdings Inc/Fl), Executive Employment Agreement (Jupiter Marine International Holdings Inc/Fl), Executive Employment Agreement (Online Vacation Center Holdings Corp)