Common use of Assignment by the Executive Clause in Contracts

Assignment by the Executive. This Agreement 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, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 24 contracts

Samples: Control Severance Agreement, First Business Financial Services, Inc., Executive Change in Control Severance Agreement (Mueller Water Products, Inc.)

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

Appears in 19 contracts

Samples: Employment Agreement (Textron Inc), Employment Agreement (Textron Inc), Employment Agreement (Textron Inc)

Assignment by the Executive. This Agreement shall 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 continued to livethe Executive survived, all such amounts, unless otherwise provided herein, shall will be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, estate at the same time or other designee, or if there is no times that such designee, amounts would have been paid to the Executive’s estateExecutive hereunder had the Executive survived.

Appears in 5 contracts

Samples: Executive Severance Agreement (Amkor Technology, Inc.), Executive Severance Agreement (Amkor Technology, Inc.), Executive Severance Agreement (Amkor Technology, Inc.)

Assignment by the Executive. This Agreement 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 the Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 4 contracts

Samples: Severance Agreement (Woodward, Inc.), Severance Agreement (Woodward, Inc.), Control Severance Agreement (Woodward Governor Co)

Assignment by the Executive. This Agreement 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 during the term of this Agreement, the Company’s obligations to him hereunder had he continued to live, make payments or provide benefits are described entirely in Sections 7.1 and 7.7 and all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estateBeneficiary.

Appears in 3 contracts

Samples: Employment Agreement (Scotts Miracle-Gro Co), Employment Agreement (Scotts Miracle-Gro Co), Employment Agreement (Scotts Miracle-Gro Co)

Assignment by the Executive. This Agreement shall 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, shall will be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to Beneficiary. If the Executive’s estate.Executive has not named

Appears in 2 contracts

Samples: 97955151v2 Executive Severance Agreement (Arcadium Lithium PLC), 97955201v2 Executive Severance Agreement (Arcadium Lithium PLC)

Assignment by the Executive. This Agreement 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, shall be paid to the Executive’s Beneficiary in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estateAgreement.

Appears in 2 contracts

Samples: January 2009 Special Agreement (Northrop Grumman Corp /De/), January 2010 Special Agreement (Northrop Grumman Corp /De/)

Assignment by the Executive. This Agreement 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 during the term of this Agreement, the Company’s obligations to him hereunder had he continued to live, make payments or provide benefits are described entirely in Sections 7.1 and 7.7 and all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designeeAgreement, to the Executive’s estateBeneficiary.

Appears in 2 contracts

Samples: Employment Agreement (Scotts Miracle-Gro Co), Employment Agreement (Scotts Miracle-Gro Co)

Assignment by the Executive. This Agreement 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 the Executive hereunder had he the Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 2 contracts

Samples: Change in Control Agreement (Woodward, Inc.), Control Agreement (Woodward, Inc.)

Assignment by the Executive. This Agreement 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 an Executive dies should die while any amount would is still be payable to him hereunder had he continued to livethe Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate. The Executive’s rights hereunder shall not otherwise be assignable.

Appears in 2 contracts

Samples: Compensation and Benefits (Old Second Bancorp Inc), Compensation and Benefits (Old Second Bancorp Inc)

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

Appears in 2 contracts

Samples: Employment Agreement (Textron Inc), Employment Agreement (NYSE Group, Inc.)

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Assignment by the Executive. This Agreement 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 them hereunder had he they continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 1 contract

Samples: Control Severance Agreement (First Business Financial Services, Inc.)

Assignment by the Executive. This Agreement 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, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee's Beneficiary. If the Executive has not named a Beneficiary, legatee, or other designee, or if there is no then such designee, amounts shall be paid to the Executive’s estate.the

Appears in 1 contract

Samples: Control Severance Agreement (Mitchell Energy & Development Corp)

Assignment by the Executive. This Agreement shall 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, shall will be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.Exhibit 10.18

Appears in 1 contract

Samples: Severance Agreement (FMC Corp)

Assignment by the Executive. This Agreement 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, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.'s

Appears in 1 contract

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

Assignment by the Executive. This Agreement 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, shall be paid in accordance with the terms of this Agreement to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Control Severance Agreement (Walter Industries Inc /New/)

Assignment by the Executive. This Agreement 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 during the Term, the Company’s obligations to him hereunder had he continued to live, make payments or provide benefits are described entirely in Sections 7.1 and 7.7 and all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estateBeneficiary.

Appears in 1 contract

Samples: Employment Agreement (Scotts Miracle-Gro Co)

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