Common use of Assignment by the Executive Clause in Contracts

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 21 contracts

Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp), Executive Severance Agreement

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Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he he/she continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 13 contracts

Samples: Change in Control Agreement (Cullen/Frost Bankers, Inc.), Change in Control Agreement (Cullen/Frost Bankers, Inc.), Executive Severance Agreement (Cullen/Frost Bankers, Inc.)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by each the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 12 contracts

Samples: Executive Severance Agreement, Severance Agreement (Weyerhaeuser Co), Severance Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him or her hereunder had he or she continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 11 contracts

Samples: Change in Control Agreement (Consumers Energy Co), Change in Control Agreement (Consumers Energy Co), Change in Control Agreement (Consumers Energy Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 8 contracts

Samples: Change in Control Agreement (Weyerhaeuser Co), Executive Change in Control Agreement (Weyerhaeuser Co), Executive Change in Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 5 contracts

Samples: Executive Severance Agreement (Earthgrains Co /De/), Severance Protection Agreement (Deere & Co), Executive Severance Agreement (Lee Sara Corp)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid to the Executive's Beneficiary in accordance with the terms of this Agreement to the Executive’s BeneficiaryAgreement. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 5 contracts

Samples: Change in Control Severance Agreement (Power One Inc), Change in Control Severance Agreement (Power One Inc), Change in Control Severance Agreement (Power One Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If beneficiary designated under the Executive has not named a BeneficiaryCompany’s life insurance plan, then or, if there is no such amounts will be paid beneficiary, to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 5 contracts

Samples: Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/), Executive Change in Control Severance Agreement (Federal Signal Corp /De/)

Assignment by the Executive. This Agreement will inure to the benefit of --------------------------- and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s 's estate will be treated as the Beneficiary hereunder.

Appears in 5 contracts

Samples: Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Corp), Executive Severance Agreement (FMC Technologies Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement Agreement, to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 4 contracts

Samples: Executive Change in Control Agreement (Weyerhaeuser Co), Change in Control Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate. Executive shall not have any right to pledge, and such designeehypothecate, anticipate, or assign this Agreement or the Executive’s estate will be treated rights hereunder, except upon his death as the Beneficiary hereunderdescribed in this Section 9.2.

Appears in 4 contracts

Samples: Executive Change in Control Severance Agreement (Mitchell Energy & Development Corp), Executive Change in Control Severance Agreement (Mitchell Energy & Development Corp), Executive Change in Control Severance Agreement (Mitchell Energy & Development Corp)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he or she continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 4 contracts

Samples: Severance Agreement (Charming Shoppes Inc), Severance Agreement (Charming Shoppes Inc), Severance Agreement (Charming Shoppes Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement Agreement, to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 4 contracts

Samples: Executive Change in Control Agreement (Weyerhaeuser Co), Executive Severance Agreement (Weyerhaeuser Co), Change in Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid to the Executive’s Beneficiary in accordance with the terms of this Agreement to the Executive’s BeneficiaryAgreement. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 3 contracts

Samples: Change in Control Severance Agreement (Remedytemp Inc), Change in Control Severance Agreement (Power One Inc), Change in Control Severance Agreement (Diagnostic Products Corp)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 3 contracts

Samples: Severance Agreement (Applied Films Corp), Severance Agreement (Applied Films Corp), Severance Agreement (Applied Films Corp)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he the Executive continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 3 contracts

Samples: Executive Severance Agreement (Livent Corp.), Executive Severance Agreement (Livent Corp.), Severance Agreement (Livent Corp.)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to liveunder this Agreement, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s 's estate will be treated as the Beneficiary hereunderunder this Agreement.

Appears in 3 contracts

Samples: Executive Severance Agreement, Executive Severance Agreement (TechnipFMC PLC), Executive Severance Agreement (FMC Technologies Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him or her hereunder had he or she continued to live, all such amounts, unless otherwise provided herein, will shall be paid to the Executive’s Beneficiary in accordance with the terms of this Agreement to the Executive’s BeneficiaryAgreement. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 3 contracts

Samples: Change in Control Agreement (China Finance Online Co. LTD), Severance Agreement (Northrop Grumman Corp /De/), Employment Agreement (Northrop Grumman Corp /De/)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he the Executive continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 2 contracts

Samples: Change of Control Agreement (Weyerhaeuser Co), Change of Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he the Executive continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s 's estate will be treated as the Beneficiary hereunder.

Appears in 2 contracts

Samples: Executive Severance Agreement (Livent Corp.), Executive Severance Agreement (Livent Corp.)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him [him/her] hereunder had he [he/she] continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 2 contracts

Samples: Executive Severance Agreement (Old Kent Financial Corp /Mi/), Executive Severance Agreement (Old Kent Financial Corp /Mi/)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by each of the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he the Executive continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 2 contracts

Samples: Executive Severance Agreement (Weyerhaeuser Co), Severance Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the --------------------------- benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 2 contracts

Samples: Severance Agreement (Donnelly Corp), Severance Agreement (Donnelly Corp)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder hereunder, had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.. Article

Appears in 2 contracts

Samples: Change in Control Executive Severance Agreement (John Bean Technologies CORP), Change in Control Executive Severance Agreement (John Bean Technologies CORP)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to liveunder this Agreement, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate 's estate, will be treated as the Beneficiary hereunderunder this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (TechnipFMC PLC)

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Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Plum Creek Timber Co Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him the Executive hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Severance Agreement (John Bean Technologies CORP)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him or her hereunder had he or she continued to live, all such amounts, unless otherwise provided herein, will shall be paid to the Executive's Beneficiary in accordance with the terms of this Agreement to the Executive’s BeneficiaryAgreement. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Change in Control Agreement (China Finance Online Co. LTD)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by each the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.. CEO Severance

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.. Article

Appears in 1 contract

Samples: Executive Severance Agreement (FMC Corp)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the CIC Tier I US Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the each Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Change in Control Agreement (Weyerhaeuser Co)

Assignment by the Executive. This Agreement will inure to the benefit --------------------------- of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s 's estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Severance Agreement (FMC Technologies Inc)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he he/she continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Severance Agreement (Cullen Frost Bankers Inc)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder. -15- Article 12.

Appears in 1 contract

Samples: Change in Control Executive Severance Agreement (John Bean Technologies CORP)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him or her hereunder had he or she continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate. Tier IV Change in Control as of August, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.2008

Appears in 1 contract

Samples: Change in Control Agreement (CMS Energy Corp)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to liveunder this Agreement, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate, and such designee, or the Executive’s estate estate, will be treated as the Beneficiary hereunderunder this Agreement.

Appears in 1 contract

Samples: Executive Severance Agreement (TechnipFMC PLC)

Assignment by the Executive. This Agreement will inure to the benefit of and be enforceable by the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder. JBT – Change in Control Agreement - NEO -15- Article 12.

Appears in 1 contract

Samples: Change in Control Executive Severance Agreement (John Bean Technologies CORP)

Assignment by the Executive. This Agreement will shall inure to the benefit of and be enforceable by each the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, and legatees. If the Executive dies while any amount would still be payable to him hereunder had he continued to live, all such amounts, unless otherwise provided herein, will shall be paid in accordance with the terms of this Agreement to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts will shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate, and such designee, or the Executive’s estate will be treated as the Beneficiary hereunder.

Appears in 1 contract

Samples: Executive Severance Agreement (Weyerhaeuser Co)

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