Common use of Termination as a Result of Death Clause in Contracts

Termination as a Result of Death. In the event of any termination of this Agreement pursuant to Section 7.1 hereof, no severance compensation is due to Executive’s estate; provided, however, that The Orchard will continue to pay accrued but unpaid salary, accrued vacation and any other accrued but unpaid benefits and unreimbursed expenses through the last day of the month in which Executive’s death occurs.

Appears in 3 contracts

Sources: Employment Agreement (Orchard Enterprises, Inc.), Employment Agreement (Orchard Enterprises, Inc.), Employment Agreement (Orchard Enterprises, Inc.)

Termination as a Result of Death. In the event of any termination of this Agreement pursuant to Section 7.1 hereof, no severance compensation is due to Executive’s estate; provided, however, that The Orchard DMGI will continue to pay accrued but unpaid salary, accrued vacation and any other accrued but unpaid benefits and unreimbursed expenses through the last day of the month in which Executive’s death occurs.

Appears in 1 contract

Sources: Employment Agreement (Digital Music Group, Inc.)

Termination as a Result of Death. In the event of any termination of this Agreement pursuant to Section 7.1 hereof, no severance compensation is due to Executive’s estate; provided, however, that The Orchard DMGI will continue to pay accrued but unpaid salary, accrued vacation and any other accrued but unpaid benefits and unreimbursed expenses through the last day of the month in which Executive’s death occurs.

Appears in 1 contract

Sources: Employment Agreement (Digital Music Group, Inc.)