Permanent Disability

Example Definitions of "Permanent Disability"
Permanent Disability. Employee's incapacity due to physical or mental illness, which results in Employee being absent from the performance of his duties with the Company on a full-time basis for a period of six (6) consecutive months. The existence or cessation of a physical or mental illness which renders Employee absent from the performance of his duties on a full-time basis shall, if disputed by the Company or Employee, be conclusively determined by written opinions rendered by two qualified physicians, one... selected by Employee and one selected by the Company. During the period of absence, but not beyond the expiration of the Employment Period, Employee shall be deemed to be on an unpaid disability leave of absence. During the period of such disability leave of absence, the Board of Directors may designate an interim officer with the same title and responsibilities of Employee on such terms as it deems proper. View More Arrow
Permanent Disability. Employee's incapacity due to physical or mental illness, which results in Employee being absent from the performance of his duties with the Company on a full-time basis for a period of six (6) consecutive months.
Permanent Disability. Means a Key Executive is substantially unable to perform his or her duties to the Company due to injury, illness or disability (physical or mental) for a period of six (6) consecutive months, as determined in the sole discretion of the Board of Directors.
Permanent Disability. Shall mean disability caused by accident, illness or mental disorder resulting in the inability, for a period of twelve (12) consecutive months, of a Stockholder to substantially and gainfully perform the duties as an employee of the Corporation or any affiliate thereof which he was performing prior to such disability. For purposes of this Agreement, a Stockholder shall be deemed to be "Permanently Disabled" upon the expiration of such twelve (12) month period; provided, however, in accordance... with the provisions of this ยง D, if it is determined at any time prior to the last day of such twelve (12) month period that such Stockholder will never again be able to perform such duties as aforesaid, Permanent Disability shall be deemed to occur as of such earlier date. For purposes of this 3 definition, all determinations as to whether and when a period of Permanent Disability has begun or ended shall be made by the Board of Directors of the Corporation. View More Arrow
Permanent Disability. With respect to any Participant who is an employee of the Company or any of its Subsidiaries, shall be defined in the same manner as such term or a similar term is defined in an employment agreement applicable to the Participant or, in the case of a Participant who does not have an employment agreement that defines such term or a similar term, means that the Participant is unable to perform substantially all his or her duties as an employee of ... the Company or any of its Subsidiaries by reason of illness or incapacity for a period of more than six months, or six months in the aggregate during any 12-month period, established by medical evidence reasonably satisfactory to the Compensation Committee. View More Arrow
Permanent Disability. Means that Executive, because of accident, disability, or physical or mental illness, is incapable of performing Executive's duties to the Company or any subsidiary, as determined by a majority of the members of the Board of Directors. Notwithstanding the foregoing, Executive will be deemed to have become incapable of performing Executive's duties to the Company or any subsidiary, if Executive is incapable of so doing for (i) a continuous period of 90 days and remains so incapable at the end of... such 90 day period or (ii) periods amounting in the aggregate to 180 days within any one period of 365 days and remains so incapable at the end of such aggregate period of 180 days. View More Arrow
Permanent Disability. Illness (mental or physical) or accident which renders the Employee unable to perform his duties and responsibilities for a period of six consecutive months or six months in any twelve-month period, and which is confirmed to the Board as continuing at the end of such period by expert medical opinion. Nothing contained in this Agreement shall affect the right of the Employee to receive long-term disability benefits under any long-term disability ... insurance plan(s) of the Company then in effect. View More Arrow
Permanent Disability. Shall mean a determination, made at the request of the Management Stockholder or upon the reasonable request of the Company set forth in a notice to the Management Stockholder, by a physician selected by the Company and the Management Stockholder, that the Management Stockholder is unable to perform his duties as an employee of the Company or its subsidiaries and in all reasonable medical likelihood such inability will continue for a period in excess of 180 calendar days.
Permanent Disability. Shall mean that the Employee, at the time notice is given, has failed to perform the duties of his position with the Company for a period of not less than 180 consecutive days (or such longer period as may be required by law) as the result of his incapacity due to physical or mental injury, disability or illness.
Permanent Disability. Means the 2008 Employee Investor's inability to perform the essential duties, responsibilities and functions of his position with the Company and its Subsidiaries for six (6) consecutive months as a result of any mental or physical disability or incapacity even with reasonable accommodations of such disability or incapacity provided by the Company and its Subsidiaries or if providing such accommodations would be unreasonable, all as determined by the Board in its reasonable good faith judgment;... provided, however, that the Company shall provide 30 days notice of termination due to Permanent Disability where such termination shall be effective if the 2008 Employee Investor does not return to full-time active employment within such 30-day period. The 2008 Employee Investor shall cooperate in all respects with the Company if a question arises as to whether he or she has become disabled (including, without limitation, submitting to an examination by a medical doctor or other health care specialists selected by the Company and authorizing such medical doctor or such other health care specialist to discuss the 2008 Employee Investor's condition with the Company). View More Arrow
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