Common use of By Death or Disability Clause in Contracts

By Death or Disability. If Xxxxxxx'x employment is terminated due to his death or permanent disability, Xxxxxxx shall be entitled to severance pay in accordance with the provisions of 6.5.2 and 6.5.3 above. In addition, if Xxxxxxx'x spouse is then living, for the remainder of such spouse's life the Company shall continue to provide health coverage for Xxxxxxx'x spouse and dependent children in accordance with the Company's health plans made generally available to employees of the Company, without cost to Xxxxxxx'x spouse. Nothing in this Agreement shall affect Xxxxxxx'x right to receive death benefit payments under any policy of insurance carried by the Company and payable to Xxxxxxx or his designated beneficiary.

Appears in 2 contracts

Samples: Employment Agreement (United Stationers Inc), Employment Agreement (United Stationers Inc)

AutoNDA by SimpleDocs

By Death or Disability. If Xxxxxxx'x Xxxx'x employment is terminated due to his death or permanent disability, Xxxxxxx Xxxx shall be entitled to severance pay in accordance with the provisions of 6.5.2 and 6.5.3 above. In addition, if Xxxxxxx'x Xxxx'x spouse is then living, for the remainder of such spouse's life the Company shall continue to provide health coverage for Xxxxxxx'x Xxxx'x spouse and dependent children in accordance with the Company's health plans made generally available to employees of the Company, without cost to Xxxxxxx'x Xxxx'x spouse. Nothing in this Agreement shall affect Xxxxxxx'x Xxxx'x right to receive death benefit payments under any policy of insurance carried by the Company and payable to Xxxxxxx Xxxx or his designated beneficiary.

Appears in 1 contract

Samples: Employment Agreement (United Stationers Inc)

By Death or Disability. If Xxxxxxx'x employment is terminated due to his death or permanent disability, Xxxxxxx shall be entitled to severance pay in accordance with the provisions of 6.5.2 and 6.5.3 above. In addition, if Xxxxxxx'x spouse is then living, for the remainder of such spouse's life the Company shall continue to provide health coverage for Xxxxxxx'x spouse and dependent children in accordance with the Company's health plans made generally available to employees of the Company, without cost to the Xxxxxxx'x spouse. Nothing in this Agreement shall affect Xxxxxxx'x right to receive death benefit payments under any policy of insurance carried by the Company and payable to Xxxxxxx or his designated beneficiary.

Appears in 1 contract

Samples: Employment Agreement (United Stationers Inc)

AutoNDA by SimpleDocs

By Death or Disability. If Xxxxxxx'x Xxxxxx'x employment is terminated due to his death or permanent disability, Xxxxxxx Xxxxxx shall be entitled to severance pay in accordance with the provisions of 6.5.2 and 6.5.3 above. In addition, if Xxxxxxx'x Xxxxxx'x spouse is then living, for the remainder of such spouse's life the Company shall continue to provide health coverage for Xxxxxxx'x Xxxxxx'x spouse and dependent children in accordance with the Company's health plans made generally available to employees of the Company, without cost to Xxxxxxx'x the Xxxxxx'x spouse. Nothing in this Agreement shall affect Xxxxxxx'x Xxxxxx'x right to receive death benefit payments under any policy of insurance carried by the Company and payable to Xxxxxxx Xxxxxx or his designated beneficiary.

Appears in 1 contract

Samples: Employment Agreement (United Stationers Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!