Common use of Benefit In Case of Death of Employee Clause in Contracts

Benefit In Case of Death of Employee. If an employee who is eligible and participating under sections in this article dies before all or a portion of payments have been made due the employee, that balance shall be paid to the employee’s beneficiary or estate, providing such payment meets IRS requirements.

Benefit In Case of Death of Employee. If an the employee who is eligible and participating under sections in this article dies before all or a portion of the payments as provided in this Article have been made due the employeedisbursed, that balance due shall be paid to a named beneficiary or, lacking same, to the employeedeceased’s beneficiary or estate, providing such payment meets IRS requirements.

Benefit In Case of Death of Employee. If an employee who is eligible and participating under sections in this article dies before all or a portion of the payments as provided in this Article have been made due the employeedisbursed, that balance due shall be paid to a named beneficiary, or, lacking same, to the employeedeceased’s beneficiary or estate, providing such payment meets IRS requirements.