Death of the Subscriber Clause Samples

Death of the Subscriber. If the Subscriber dies before the Plan ends, any other person (including the estate of the deceased individual) who acquires the individual’s rights as a Subscriber under the Plan, or who makes Contributions into the Plan in respect of the Plan Beneficiary, will become the new Subscriber. The Subscriber’s heirs, executors, administrators, or other legal representatives may continue the Plan on the Subscriber’s behalf.
Death of the Subscriber. If you would otherwise lose coverage due to the Subscriber’s death, you may continue uninterrupted coverage hereunder, upon arrangement with the Group in compliance with applicable Maryland law. The election period for such coverage shall begin on the date on which there has been an applicable change in status, and end no sooner than forty-five (45) days after such date.

Related to Death of the Subscriber

  • Death of the Executive In the event of the Executive’s death before all payments or benefits the Executive is entitled to receive under this Agreement have been provided, the unpaid amounts will be provided to the Executive’s designated beneficiary, if living, or otherwise to the Executive’s personal representative in a single lump sum as soon as possible following the Executive’s death.

  • Death of the Employee The TERM automatically terminates upon the death of the EMPLOYEE. In the event of such death, the EMPLOYEE's estate shall be entitled to receive the compensation due the EMPLOYEE through the last day of the calendar month in which the death occurred, except as otherwise specified herein.

  • Death of the Participant In the event of the Participant’s death prior to the Settlement Date, delivery of shares of Common Stock pursuant to Section 6 shall be made to the duly appointed and qualified executor or other personal representative of the Participant, to be distributed in accordance with the Participant’s will or applicable intestacy law.

  • Death of Optionee If the Optionee shall die while in the employ of the Company, Optionee's personal representative or the person entitled to Optionee's rights hereunder may at any time within six (6) months after the date of Optionee's death, or during the remaining term of this Option, whichever is the lesser, exercise this Option and purchase Shares to the extent, but only to the extent, that Optionee could have exercised this Option as of the date of Optionee's death; provided, in any case, that this Option may be so exercised only to the extent that this Option has not previously been exercised by Optionee.

  • Death of Executive In the event of the death of Executive during the Employment Period, the Company’s obligations hereunder shall automatically cease and terminate; provided, however, that within 15 days the Company shall pay to Executive’s heirs or personal representatives Executive’s Base Salary and accrued vacation accrued to the date of death.