Benefit Amount - Preretirement. If the Executive shall die prior to retirement, the Company shall pay to the beneficiary designated by the Executive in writing (or, if the Executive fails to designate a beneficiary, to the Executive's estate) a lump sum equal to one and one-half (1-1/2) times the Executive's base salary at the date of death.
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Samples: Employment Agreement (Zenith Electronics Corp), Employment Agreement (Zenith Electronics Corp), Employment Agreement (Zenith Electronics Corp)
Benefit Amount - Preretirement. If the Executive shall die prior ------------------------------ to retirement, the Company shall pay to the beneficiary designated by the Executive in writing (or, if the Executive fails to designate a beneficiary, to the Executive's estate) a lump sum equal to one and one-half (1-1/2) times the Executive's base salary at the date of death.
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