Document ID: 11291

Text:
2.2Continuation of Compensation During Disability. If the Founder is unable to perform his services by reason of disability due to illness or incapacity for a period of more than six consecutive months , the compensation thereafter payable to him during the next succeeding consecutive three-months shall be one-half of the compensation provided for in Sections 2.1(a) and (b) hereof, and during the following consecutive three-months shall be one-fourth of the salary provided for in Sections 2.1(a) and (b); provided, however, that no such compensation shall be payable after the termination of this Agreement. During such initial six consecutive months of disability, the Founder shall be entitled to receive incentive compensation at the same annual rate as incentive compensation, if any, earned with respect to the Employer's fiscal year last preceding the date such illness or incapacity commenced. Notwithstanding the foregoing, if such illness or incapacity does not cease to exist within the 12 consecutive months provided herein, the Founder shall not be entitled to receive any further compensation from the Employer, and the Employer may thereupon terminate this Agreement. For purposes of this Agreement, the Founder is "disabled" when he is unable to continue his normal duties of employment by reason of a medically determined physical or mental impairment. In determining whether or not the Founder is disabled, the Employer may rely upon the opinion of any doctor or practitioner of any recognized field of medicine or psychiatric practice selected jointly by the Employer and Founder and such other evidence as the Employer deems reasonably necessary. Founder s Compensation is unaffected and will be paid in full during any length or term of disability.

Named Entities:
50
50
Ratio
57
60
Regulation
78
78
Ratio

Tokenized Text:
2
.
2Continuation
of
Compensation
During
Disability
.
If
the
Founder
is
unable
to
perform
his
services
by
reason
of
disability
due
to
illness
or
incapacity
for
a
period
of
more
than
six
consecutive
months
,
the
compensation
thereafter
payable
to
him
during
the
next
succeeding
consecutive
three-months
shall
be
one-half
of
the
compensation
provided
for
in
Sections
2
.
1
(
a
)
and
(
b
)
hereof
,
and
during
the
following
consecutive
three-months
shall
be
one-fourth
of
the
salary
provided
for
in
Sections
2
.
1
(
a
)
and
(
b
)
;
provided
,
however
,
that
no
such
compensation
shall
be
payable
after
the
termination
of
this
Agreement
.
During
such
initial
six
consecutive
months
of
disability
,
the
Founder
shall
be
entitled
to
receive
incentive
compensation
at
the
same
annual
rate
as
incentive
compensation
,
if
any
,
earned
with
respect
to
the
Employer
'
s
fiscal
year
last
preceding
the
date
such
illness
or
incapacity
commenced
.
Notwithstanding
the
foregoing
,
if
such
illness
or
incapacity
does
not
cease
to
exist
within
the
12
consecutive
months
provided
herein
,
the
Founder
shall
not
be
entitled
to
receive
any
further
compensation
from
the
Employer
,
and
the
Employer
may
thereupon
terminate
this
Agreement
.
For
purposes
of
this
Agreement
,
the
Founder
is
"
disabled
"
when
he
is
unable
to
continue
his
normal
duties
of
employment
by
reason
of
a
medically
determined
physical
or
mental
impairment
.
In
determining
whether
or
not
the
Founder
is
disabled
,
the
Employer
may
rely
upon
the
opinion
of
any
doctor
or
practitioner
of
any
recognized
field
of
medicine
or
psychiatric
practice
selected
jointly
by
the
Employer
and
Founder
and
such
other
evidence
as
the
Employer
deems
reasonably
necessary
.
Founder
s
Compensation
is
unaffected
and
will
be
paid
in
full
during
any
length
or
term
of
disability
.