Common use of Termination Due to Death Clause in Contracts

Termination Due to Death. In the event of Executive’s death during the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination Date.

Appears in 14 contracts

Sources: Executive Employment Agreement (Mastech Digital, Inc.), Executive Employment Agreement (Mastech Digital, Inc.), Executive Employment Agreement (Mastech Digital, Inc.)

Termination Due to Death. In the event Executive’s employment terminates during the Term as a result of Executive’s death, Executive’s beneficiary or beneficiaries shall receive any base salary and benefits accrued but unpaid as of his death, plus any amounts payable on account of Executive’s death during pursuant to any other plan or program of the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination DateCompany.

Appears in 11 contracts

Sources: Employment Agreement (Schlumberger Limited/Nv), Employment Agreement (Schlumberger Limited/Nv), Employment Agreement (Schlumberger Limited/Nv)

Termination Due to Death. In the event of the Executive’s 's death during the Term of Employmentthis Agreement, the Executive’s 's employment hereunder shall be terminated immediately and Executive’s estate automatically terminate, and the Company shall be entitled have no further obligation or duty to the Accrued Obligations Executive or his estate or beneficiaries other than for (a) all earned but unpaid compensation through the Termination Datedate of termination and (b) any accrued but unpaid vacation pay, other than as required by applicable law.

Appears in 4 contracts

Sources: Employment Agreement (Ivoice, Inc /De), Employment Agreement (Thomas Pharmaceuticals, Ltd.), Employment Agreement (Ivoice, Inc /De)

Termination Due to Death. In the event of The Term and Executive’s death during the Term of Employment, Executive’s 's employment hereunder shall be terminated terminate upon Executive's death. Upon termination of the Term and Executive’s 's employment hereunder for Executive's death, Executive's spouse or estate (as the case may be) shall be entitled only to receive: (A) the Accrued Rights; and (B) the death benefit provided by the Policy or otherwise as set forth in Paragraph 4(b) herein, payable to the Accrued Obligations earned through the Termination Date.beneficiary or beneficiaries designated by Executive. E.

Appears in 3 contracts

Sources: Employment Agreement (Orbit International Corp), Employment Agreement (Orbit International Corp), Employment Agreement (Orbit International Corp)

Termination Due to Death. In the event of the Executive’s death during 's employment is terminated due to his death, his estate or his beneficiaries, as the Term of Employmentcase may be, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to: (i) Base Salary through the date of death; (ii) the right to exercise any Stock Option which was exercisable at the date of the Executive's death for a period of one (1) year following the Executive's death; (iii) any amounts earned, accrued or owing to the Accrued Obligations earned through Executive but not yet paid; and (iv) other benefits in accordance with applicable plans and programs of the Termination DateCompany.

Appears in 2 contracts

Sources: Employment Agreement (Playboy Com Inc), Employment Agreement (Viking Systems Inc)

Termination Due to Death. In the event of Executive’s death during the Term of Employment, Executive’s employment hereunder shall be terminated and the Executive’s estate legal heirs / nominees shall be entitled to the receive any Accrued Obligations earned through the Termination Date.

Appears in 1 contract

Sources: Executive Employment Agreement (Mastech Digital, Inc.)

Termination Due to Death. In the event of Executive’s death that during the Employment Term of Employment, the Executive’s employment hereunder shall be is terminated and by the Company due to the Executive’s estate death, the Company shall be entitled pay to the Executive, or the Executive’s estate, the Accrued Obligations earned through the Termination DateObligations.

Appears in 1 contract

Sources: Employment Agreement (Sunterra Corp)

Termination Due to Death. In the event of the Executive’s 's death during the Term of Employmentthis Agreement, the Executive’s 's employment hereunder shall be terminated immediately and Executive’s estate automatically terminate, and the Company shall be entitled have no further obligation or duty to the Accrued Obligations Executive or his estate or beneficiaries other than for all earned but unpaid compensation through the Termination Datedate of termination, as delineated in Section 7 (i) - (v) only, and other than as required by applicable law.

Appears in 1 contract

Sources: Employment Agreement (Trey Industries Inc)