Common use of Automatic Termination Upon Death Clause in Contracts

Automatic Termination Upon Death. In the event of Executive's death during the Employment Term, Executive's employment hereunder shall be automatically terminated upon the date of death. As soon as reasonably practicable following Executive's death, Employer shall pay to Executive's Representative (defined below in paragraph 22)(i) Executive's accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death. In addition, Executive's Representative shall be entitled to exercise Executive's rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive's rights with respect to the Options (other than the Inducement Options), as provided herein and in the stock option agreement(s) pertaining thereto.

Automatic Termination Upon Death. In the event of Executive's death during the Employment Term, Executive's employment hereunder shall be automatically terminated upon the date of death. As soon as reasonably practicable following Executive's death, Employer shall pay to Executive's Representative (defined below in paragraph 22)(i20) (i) Executive's accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death. In addition, Executive's Representative shall be entitled to exercise Executive's rights with respect to the Compensatory Options Deferred Shares and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive's rights with respect to the Options (other than the Inducement Options), as provided herein and in the stock option agreement(sagreements(s) pertaining thereto.

Automatic Termination Upon Death. In the event of Executive's ’s death during the Employment Term, Executive's ’s employment hereunder shall be automatically terminated upon the date of death. As soon as reasonably practicable following Executive's ’s death, Employer shall pay to Executive's ’s Representative (defined below in paragraph 22)(i) Executive's ’s accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death. In addition, Executive's ’s Representative shall be entitled to exercise Executive's ’s rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive's ’s rights with respect to the Options (other than the Inducement Options), as provided herein and in the stock option agreement(s) pertaining thereto.

Automatic Termination Upon Death. In the event of Executive's ’s death during the Employment Term, Executive's ’s employment hereunder shall be automatically terminated upon the date of death. As soon as reasonably practicable following Executive's ’s death, Employer shall pay to Executive's ’s Representative (defined below in paragraph 22)(i) Executive's ’s accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death. In addition, Executive's ’s Representative shall be entitled to exercise Executive's ’s rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive's ’s rights with respect to the Options (other than the Inducement Optionsoptions), as provided herein and in the stock option agreement(s) pertaining thereto.

Automatic Termination Upon Death. In the event of Executive's ’s death during the Employment Term, Executive's ’s employment hereunder shall be automatically terminated upon the date of death. As soon as reasonably practicable following Executive's ’s death, Employer shall pay to Executive's ’s Representative (defined below in paragraph 22)(i22) (i) Executive's ’s accrued but unpaid Base Salary and Annual Bonus, through the last day of the month of his death, and (ii) any amount due hereunder for accrued but unused vacation time as of the date of death. In addition, Executive's ’s Representative shall be entitled to exercise Executive's ’s rights with respect to the Compensatory Options and/or the Inducement Options, as appropriate, as set forth in Paragraph 4(c) above, and Executive's ’s rights with respect to the Options (other than the Inducement Options), as provided herein and in the stock option agreement(s) pertaining thereto.