Permanent Disability
Permanent Disability. Termination of the Optionee's employment as a result of a physical or mental incapacity which substantially prevents the Optionee from performing his or her duties as an employee and that has continued for at least 180 days and can reasonably be expected to continue indefinitely. Any dispute as to whether or not the Optionee is disabled within the meaning of the preceding sentence shall be resolved by a physician selected by the Committee
Found in
Orthofix Medical Inc. contract
Permanent Disability. (a)the Executive has been incapacitated by bodily injury, illness or disease so as to be prevented thereby from engaging in the performance of the Executive's duties; (b)such total incapacity shall have continued for a period of six consecutive months; and (c)such incapacity will, in the opinion of a qualified physician, be permanent and continuous during the remainder of the Executive's life
Found in
Avalon GloboCare Corp. contract
Permanent Disability. A medically determinable physical or mental impairment that may be expected to result in death or to last at least a year and that renders an Employee incapable of performing that Employee's duties with the Company. A determination of disability shall be made by the Committee in a uniform, nondiscriminatory manner on the basis of medical evidence. Notwithstanding the foregoing, in the case of a determination that would accelerate payment of Restricted Share Units or other awards or amounts that...
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Found in
EastGroup Properties, Inc. contract
Permanent Disability. Shall mean if, as a result of the Employee's Disability, the Employee shall have been absent from his or her duties with the Company on a full-time basis for a total of 6 months of any consecutive 8 month period.
Found in
Silicon Laboratories Inc contract
Permanent Disability. Shall mean, at any time the Company or any of its affiliates sponsors a long-term disability plan for the Company's employees, "disability" as defined in such long-term disability plan for the purpose of determining a participant's eligibility for benefits, provided, however, if the long-term disability plan contains multiple definitions of disability, "Permanent Disability" shall refer to that definition of disability which, if Executive qualified for such disability benefits, would provide...
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Found in
Axalta Coating Systems Ltd. contract
Permanent Disability. A Disability that has resulted in Employee having been absent from his or her duties with the Company on a full-time basis for a total of 6 months of any consecutive 8 month period
Found in
Silicon Laboratories Inc contract
Permanent Disability. The Participant shall be considered to have a 'Permanently Disability' if he or she would be treated as 'disabled' in accordance with the provisions of Treas. Reg. §1.409A-3(i)(4).
Found in
ASSURED GUARANTY LTD contract
Permanent Disability. Is as defined and provided for in this paragraph. If Executive has been unable by reason of physical or mental disability to properly perform Executive’s duties hereunder for a period of one hundred eighty (180) days, the Corporation may give Executive notice of its intention to terminate Executive’s employment due to Permanent Disability. If Executive wishes to contest the existence of termination due to Permanent Disability, Executive must give the Corporation notice of Executive’s...
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MACATAWA BANK CORP contract
Permanent Disability. For the purposes of this Agreement, the Executive shall be deemed to have incurred a "Permanent Disability" (i) if a physician engaged by the Executive certifies to the Company that the Executive is permanently and totally disabled, or (ii) if the Executive has been substantially unable, as a result of any physical or mental ailment, to perform his duties and responsibilities hereunder (A) for a period of three consecutive months or (B) on 80% or more of the working days during any five...
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ELECTRO RENT CORP contract
Permanent Disability. The Executive's inability due to physical or mental condition, injury or illness to substantially perform the essential functions of his position with or without accommodation for more than 120 days during any consecutive six (6) month period and, if within 30 days after a notice of termination is thereafter given by the Company, the Executive cannot return to the full-time performance of the Executive's essential functions within 60 days; provided, however, if the Executive shall not agree...
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Found in
CRC Health, LLC contract