Incapacity Corporate Officer

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Planning For Business Owner Incapacity

https://www.larkinhoffman.com/media/planning-for-business-owner-incapacity

Apr 22, 2020 · Corporate Resolutions. If the owner isn’t the sole owner and officer of the company, the applicable corporate process should be followed to approve decision-making authority in case of the incapacity of the important officers. This may take the form of Resolutions of the company’s Board of Directors, Shareholders, or Members. c. Succession Plan. The company can adopt a formal succession plan outlining authority in the event of incapacity or death of the corporate …

Incapacity Sample Clauses - Law Insider

https://www.lawinsider.com/clause/incapacity

Incapacity. If the Committee determines that the Grantee is incompetent by reason of physical or mental disability or a person incapable of handling his or her property, the Committee may deal directly with or direct any payment to the guardian, legal representative or person having the care and custody of the incompetent or incapable person. The Committee may require proof of …

Incapacity to Work definition - Law Insider

https://www.lawinsider.com/dictionary/incapacity-to-work

Incapacity to Work means any incapacity or inability by the Executive, including any physical or mental incapacity, disease or affliction of the Executive which has prevented the Executive from performing the essential duties of his position for a period of at least ninety (90) consecutive days or an aggregate of one hundred and eighty (180) days in any twelve (12)-month period and which, in the opinion of a qualified …

Corporation Licenses - DRE

https://dre.ca.gov/Licensees/Corporation.html

In the event of death or incapacity of a sole designated officer, a corporation may operate as a licensee without interruption under its existing license if a notice of the death or incapacity and a Corporation Change Application (RE204A) and/or Corporation License Application (RE201) for a new designated officer is postmarked or filed with the Department before midnight of the 10th business …

Executive Employment Agreement - SEC.gov

https://www.sec.gov/Archives/edgar/data/849399/000119312512366711/d394740dex1001.htm

(f) “Disability” means (i) 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 (provided, however, that the Company acknowledges its obligations to provide reasonable accommodation to the extent required by applicable law); (ii) such total incapacity shall have continued for a ...

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