Common use of Compensation Upon Death Clause in Contracts

Compensation Upon Death. If the Employment Term is terminated by the death of the Executive, the Company shall have no further liability under this Agreement except to pay Executive (i) the value of any accrued salary, or other compensation due to Executive as of the date of the Executive's death, and (ii) any benefit payable under all employee benefit plans, programs and arrangements of the Company in which Executive is a participant on the date of his death.

Compensation Upon Death. If the Employment Term is terminated by the death of the Executive, the Company shall have no further liability under this Agreement except to pay Executive (i) the value of any accrued salary, or other compensation due to Executive as of the date of the Executive's ’s death, and (ii) any benefit payable under all employee benefit plans, programs and arrangements of the Company in which Executive is a participant on the date of his death.