Common use of Assignment by Executive Clause in Contracts

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. (a) If the Executive dies while any amount would still be payable to him pursuant to this Agreement had he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 19 contracts

Sources: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributeesdistributes, devisees, and legatees. (a) . If the Executive dies while any amount would still be payable to him pursuant to this Agreement Executive hereunder had he Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) . If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 10 contracts

Sources: Severance Agreement (Jo-Ann Stores Inc), Severance Agreement (Jo-Ann Stores Inc), Employment Agreement (Jo-Ann Stores Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. (a) If the Executive dies while any amount would still be payable to him his estate pursuant to this Agreement had he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 6 contracts

Sources: Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc), Employment Agreement (Savient Pharmaceuticals Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. (a) . If the Executive dies while any amount would still be payable to him pursuant to this Agreement Executive hereunder had he Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) . If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 5 contracts

Sources: Severance Agreement (JOANN Inc.), Severance Agreement (JOANN Inc.), Severance Agreement (JOANN Inc.)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. (a) If the Executive dies while any amount would still be payable to him pursuant to this Agreement had he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.. Back to Contents

Appears in 1 contract

Sources: Employment Agreement (Savient Pharmaceuticals Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributeesdistributes, devisees, and legatees. (a) . If the Executive dies while any amount would still be payable to him pursuant to this Agreement Executive hereunder had he Executive continued to live, all such H▇▇▇▇▇▇▇▇, ▇▇▇ November 19, 2007 amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) . If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 1 contract

Sources: Severance Agreement (Jo-Ann Stores Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributeesdistributes, devisees, and legatees. (a) If the Executive dies while any amount would still be payable to him pursuant to this Agreement had he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s Beneficiary. (b) If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 1 contract

Sources: Employment Agreement (TherapeuticsMD, Inc.)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. (a) If the Executive dies while any amount would still be payable to him pursuant to this Agreement had he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s 's Beneficiary. (b) If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Sources: Employment Agreement (Savient Pharmaceuticals Inc)