Common use of Termination in the Event of Death Clause in Contracts

Termination in the Event of Death. The Company's obligations to the Employee pursuant to this Agreement shall terminate in the event of the Employee's death. Nothing in this Paragraph, however, shall supercede any obligations the Company may owe to the Employee's estate and/or family members, as specifically set forth in any of the health, benefit or insurance plans or programs in which the Employee is enrolled at the time of his death. Any vested options due to the Employee shall survive the Employee's death.

Appears in 5 contracts

Sources: Employment Agreement (Adaytum Software Inc), Employment Agreement (Adaytum Software Inc), Employment Agreement (Adaytum Software Inc)

Termination in the Event of Death. The Company's obligations to the Employee pursuant to this Agreement shall terminate in the event of the Employee's death. Nothing in this Paragraph, however, shall supercede supersede any obligations the Company may owe to the Employee's estate and/or family members, as specifically set forth in any of the health, benefit or insurance plans or programs in which the Employee is enrolled at the time of his death. Any vested options due to the Employee shall survive the Employee's death.

Appears in 1 contract

Sources: Employment Agreement (Adaytum Software Inc)

Termination in the Event of Death. The Company's obligations to the Employee pursuant to this Agreement shall terminate in the event of the Employee's death. Nothing in this Paragraph, however, shall supercede any obligations the Company may owe to the Employee's estate and/or family members, as specifically set forth in any of the health, benefit or insurance plans or programs in which the Employee is enrolled at the time of his death. Any vested options due to the Employee shall survive the Employee's death.

Appears in 1 contract

Sources: Employment Agreement (Adaytum Software Inc)