14 Disability

Example Definitions of "14 Disability"
14 Disability. Means any cessation of the Executive's employment with the Company as a result of a physical or mental condition which prevents the Executive from performing the normal duties of his or her current employment. The Company, in its complete and sole discretion, shall determine an Executive's Disability. If the Executive makes application for disability benefits under the Social Security Act, as now in effect or as hereafter amended, and qualifies for such benefits, he shall be presumed to qualify... as totally and permanently disabled under this Plan. The Company may require that the Executive submit to an examination, by a competent physician or medical clinic selected by the Company, on an annual basis to confirm Disability. On the basis of such medical evidence, the determination of the Company as to whether or not a condition of total disability exists or continues shall be conclusive. View More Arrow
14 Disability. Means Executive's inability to substantially perform his duties and responsibilities hereunder by reason of any physical or mental incapacity for two or more periods of ninety (90) consecutive days each in any three hundred and sixty (360) day period, as determined by a physician with no history of prior dealings with the Company or Executive, as reasonably agreed upon by the Company and Executive.
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