Disability

Example Definitions of "Disability"
Disability. Total and permanent disability as certified by a medical practitioner (approved by the Board) which compel the Option Holder to permanently discontinue or alter the nature of his employment
Disability. Means that the Participant is (i) eligible for and in receipt of benefits under the Company's long-term disability plan and (ii) not eligible for Retirement.
Disability. The meaning assigned to such term in any written employment agreement between Investor and the Company or any Subsidiary or, in the absence of any such written employment agreement, shall mean Investor's inability, due to illness, accident, injury, physical or mental incapacity or other disability, to carry out effectively his/her duties and obligations to the Company or any of its Subsidiaries or, if applicable based on Investor's position, to participate effectively and actively in the... management of the Company or any of its Subsidiaries for a period of at least 90 consecutive days or for shorter periods aggregating at least 120 days (whether or not consecutive) during any twelve month period, as determined in the reasonable judgment of the Board. A Disability shall be deemed to have occurred on the date that either Investor (or Investor's personal representative) or the Company provides notice to the other party of the satisfaction of each of the requirements for a Disability set forth above or on such other date as the parties shall mutually agree View More Arrow
Disability. Means the permanent and total disability of a person within the meaning of Section 22(e)(3) of the Code for all Incentive Stock Options. For all other Stock Awards, "Disability" means physical or mental incapacitation such that for a period of six (6) consecutive months or for an aggregate of nine (9) months in any twenty-four (24) consecutive month period, a person is unable to substantially perform his or her duties. Any question as to the existence of that person's physical or mental... incapacitation as to which the person or person's representative and the Company cannot agree shall be determined in writing by a qualified independent physician mutually acceptable to the person and the Company. If the person and the Company or an Affiliate cannot agree as to a qualified independent physician, each shall appoint such a physician and those two (2) physicians shall select a third (3rd) who shall make such determination in writing. The determination of Disability made in writing to the Company or an Affiliate and the person shall be final and conclusive for all purposes of the Stock Awards. View More Arrow
Disability. Shall mean the Grantee's inability, by reason of a mental or physical impairment, to perform [his or her] duties and responsibilities for a period of at least six (6) consecutive months
Disability. Shall mean the Executive's inability, by reason of a mental or physical impairment, to perform his duties and responsibilities for a period of at least six (6) consecutive months
Disability. A disability as determined by the Board
Disability. The condition of an Eligible Employee who has been determined to be disabled in accordance with the terms of the Cabot Group Health and Welfare Plan; provided, however, that the terms of such plan define disability in a manner consistent with Treasury Regulation ยง 1.409A-3(i)(4)
Disability. The inability (as determined by the Board in good faith) of Executive to perform the essential functions of Executive's position hereunder due to physical or mental disablement (after taking into account the Company's obligation to provide reasonable accommodations to Executive in accordance with the Americans With Disabilities Act of 1990 or analogous state law) which continues for a period of three consecutive months or for an aggregate of three months during any 12 month period during the... Employment Term. In making any determination regarding the "Disability" of Executive, Executive shall have the right to provide to the Board, and the Board shall consider in good faith, any physical or mental evaluation of Executive performed by a competent physician selected by Executive. View More Arrow
Disability. The inability of the Executive to perform the Executive's duties with the Company on a full-time basis for 150 consecutive days during the Employment Period as a result of incapacity due to mental or physical illness, which is determined to be total and permanent by a licensed physician selected by the Company or its insurers and reasonably acceptable to the Executive or the Executive's legal representative. If the Parties cannot agree on a licensed physician, each Party shall select a licensed... physician and the two physicians shall select a third who shall be the approved licensed physician for these purposes. View More Arrow
All Definitions