BY REASON OF DEATH. If Employee dies during the Term of or any renewal term hereof this Agreement, Employer shall: (a) pay to the estate of Employee, through the end of the calendar quarter, Employee’s Incentive Compensation in accordance with the terms and conditions of Addendum A; (b) pay to the estate of Employee, for a period of three (3) months beginning on the date of death (the “Extended Period”), Employee’s Salary payable in periodic installments on Employer’s regular paydays, at the rate then in effect; and (c) Employee’s Option Shares shall be deemed vested through the date of the Extended Period. Other death benefits will be determined in accordance with the terms of Employer’s benefit plans and programs.
BY REASON OF DEATH. If the Employee shall die during the Employment Term, this Agreement shall terminate except that the Employee's estate shall be entitled to receive the Base Salary provided in Section 3(a) to the last day of the month in which his death occurs. Such termination shall not affect any vested rights which the Employee may have at the time of his death pursuant to any insurance or other death benefit plans or arrangements of the Company or any affiliate of the Company.
BY REASON OF DEATH. If the Executive's employment hereunder is terminated (x) by the Company with Cause, (y) by the Executive without Good Reason in a termination which is not a Special Termination, or (z) by reason of death, then:
BY REASON OF DEATH. The employment of the Executive by the Company shall be automatically ceased upon the death of the Executive. In the event that employment of the Executive by the Company terminates as a result of the Executive’s death, the Executive’s estate or heirs will receive all unpaid compensation accrued as of the date of the termination of the employment as provided in Article II hereof; provided that the Company may deduct and withhold any amount it is entitled to as damages under applicable laws. Thereafter, all obligations of the Company under this Agreement shall terminate. Nothing contained herein shall prevent the estate or heirs of the Executive from being entitled to any interest or other applicable benefits under any life insurance programs (if any).
BY REASON OF DEATH. If Lxxxxxxxx dies during the Term of this Agreement, American Rebel shall pay to the estate of Lxxxxxxxx any earned Salary only through the date of Lxxxxxxxx’ death. Other death benefits, if any, will be determined in accordance with the terms of American Rebel’s benefit plans and programs.
BY REASON OF DEATH. If Xxxxx dies during the Term of this Agreement, Rubicon shall pay to the estate of Xxxxx any earned Salary only through the date of Xxxxx’x death. Other death benefits, if any, will be determined in accordance with the terms of Rubicon’s benefit plans and programs.
BY REASON OF DEATH. If Employee dies during the Term of or any renewal term hereof this Agreement, Employer shall pay employee’s compensation to the estate of Employee, for an additional 6 months. Employee’s Shares shall be deemed vested through the same 6 month period.
BY REASON OF DEATH. If Employee dies during the Term of or any renewal term hereof this Agreement, Employer shall: (a) pay to the estate of Employee, through the end of the fiscal year, for a period of six (6) months beginning on the date of death (the “ Extended Period ”), Employee’s Salary payable in periodic installments on Employer’s regular paydays, at the rate then in effect; and (b) Employee’s Option Shares shall be deemed vested through the date of the Extended Period. Other death benefits will be determined in accordance with the terms of Employee’s benefit plans and programs.
BY REASON OF DEATH. If the Employee's employment is terminated by reason of the Employee's death at any time, this Agreement shall terminate without further obligations to the Employee's legal representatives under this Agreement, other than for payment of the Accrued Obligations in accordance with the plans, practices, programs and policies of Barnstable set forth, from time to time, in such plans or any Barnstable employee manual.
BY REASON OF DEATH. If Optionee dies while he is an employee of the Company and during a period in which Optionee was entitled to exercise the Option as described under "VESTING SCHEDULE" below, such person or persons as shall have acquired, by will or by the laws of descent and distribution, the right to exercise such Option (the "Personal Representative") may exercise such Option to the extent of the purchase rights, if any, which existed as of the date of the Optionee's death and which have not theretofore been exercised. Notwithstanding anything to the contrary set forth herein, the right of the Optionee's Personal Representative to exercise such Option hereunder shall terminate upon the earlier of the date which is (a) the last day of the term of such Option, or (b) the first anniversary of the date of the Optionee's death.
