Disability

Example Definitions of "Disability"
Disability. Shall mean the inability of the Award Recipient to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. Whether the Participant has sustained a Disability shall be determined by the Administrator in its sole discretion, but in good faith. For this purpose, the Administrator may require the Award Recipient to submit... medical evidence of Disability; provided, however, that any such requirement shall comply with the applicable requirements of the Health Insurance Portability and Accountability Act of 1996, as amended. View More Arrow
Disability. Your inability to perform the essential functions of your position for a continuous period of six (6) months.
Disability. Shall mean the Grantee's inability, due to physical or mental incapacity, to substantially perform his duties and responsibilities as Chief Executive Officer for a period of 180 consecutive days as determined by an approved medical doctor. For this purpose, an approved medical doctor shall mean a medical doctor selected by the Parties. If the Parties cannot agree on a medical doctor, each Party shall select a medical doctor and the two doctors shall select a third who shall be the approved... medical doctor for this purpose. View More Arrow
Disability. Means "disability" as such term is defined in the long-term disability insurance plan or program of the Company or any Affiliate then covering the Grantee; provided that if, as of the date of determination, the Grantee is a party to an effective services, severance, consulting or employment agreement with the Company or any Affiliate of the Company 1 that employs the Grantee (including, without limitation, an offer letter), "Disability" shall have the meaning, if any, specified in such... agreement. View More Arrow
Disability. A disability covered under a long-term disability plan of the Company applicable to a Participant. The Committee may require such medical or other evidence as it deems necessary to judge the nature and permanency of the Participant's condition. Notwithstanding the above, (i) with respect to an Incentive Stock Option, "Disability" or "Disabled" will mean permanent and total disability as defined in Section 22(e)(3) of the Code and (ii) to the extent an Option is subject to Section 409A of the... Code, and payment or settlement of the Option is to be accelerated solely as a result of the Eligible Participant's Disability, Disability will have the meaning ascribed thereto under Section 409A of the Code and the Treasury guidance promulgated thereunder View More Arrow
Disability. As to any Participant, unless the applicable Award agreement states otherwise, "Disability" as such term may be defined in any employment agreement in effect at the time of the Participant's termination of employment between the Participant and a Service Recipient, or, if there is no such employment agreement or such term is not defined therein, the Participant becomes physically or mentally incapacitated and is therefore unable for a period of six (6) consecutive months or for an aggregate of... nine (9) months in any twenty-four (24) consecutive month period to perform the Participant's duties View More Arrow
Disability. With respect to an Employee, a medically determinable physical or mental impairment that entitles the Employee to benefits under the Company's long-term disability plan, as may be in effect from time to time, as determined by the plan administrator of the long-term disability plan. Notwithstanding the foregoing, if an Award is subject to Section 409A of the Code, the definition of Disability shall conform to the requirements of Treasury Regulation § 1.409A-3(i)(4)(i) to the extent necessary to... avoid the imposition of any tax by such Section 409A of the Code View More Arrow
Disability. A disability whereby the Director is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months. Notwithstanding the foregoing, if an Award is subject to Section 409A of the Code, the definition of Disability shall conform to the requirements of Treasury Regulation § 1.409A-3(i)(4)(i) to the extent necessary to... avoid the imposition of any tax by such Section 409A of the Code View More Arrow
Disability. Such that Employee is unable to carry out his duties hereunder for four (4) consecutive calendar months or for a period aggregating one hundred twenty (120) days in any period of twelve (12) consecutive calendar months because of a physical or mental impairment.
Disability. Means, except as otherwise provided in an Agreement, that the Participant is unable to engage in any substantial gainful activity by reason of any medically determinable physical or mental impairment which can be expected to result in death or which has lasted or can be expected to last for a continuous period of not less than 12 months. The determination of whether an individual has a Disability shall be determined under procedures established by the Committee.
All Definitions