Common use of Compensation Upon Termination Upon Death Clause in Contracts

Compensation Upon Termination Upon Death. In the event of the death of the Executive during the Term, the Executive's designated beneficiary, or, in the absence of such designation, the estate or other legal representative of the Executive (collectively, the "Estate") shall be paid, within thirty (30) days of the Executive's death, an amount equal to the sum of the Executive's unpaid salary and any earned but unpaid bonuses through the Date of Termination. The Estate shall be entitled to other death benefits in accordance with the terms of the Company's benefit programs and plans.

Appears in 5 contracts

Samples: Executive Employment Agreement (Inhibitex Inc), Executive Employment Agreement (Inhibitex Inc), Executive Employment Agreement (Inhibitex Inc)

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Compensation Upon Termination Upon Death. In the event of the death of the Executive during the Term, the Executive's designated beneficiary, or, in the absence of such designation, the estate or other legal representative of the Executive (collectively, the "Estate") ), shall be paid, paid within thirty (30) days of the Executive's death, an amount equal to the sum of the Executive's unpaid salary and any earned but unpaid bonuses Base Salary through the Date month in which Executive's death occurred, as well as all accrued bonus compensation through the date of Terminationdeath. The Estate Executive, or the Estate, shall be entitled to other death benefits in accordance with the terms of the Company's benefit programs and plansplans and the other provisions of this Agreement.

Appears in 4 contracts

Samples: Employment Agreement (Waterlink Inc), Employment Agreement (Waterlink Inc), Employment Agreement (Waterlink Inc)

Compensation Upon Termination Upon Death. In the event of the death of the Executive during the Term, the Executive's ’s designated beneficiary, or, in the absence of such designation, the estate or other legal representative of the Executive (collectively, the "Estate") shall be paid, within thirty (30) days of the Executive's ’s death, an amount equal to the sum of the Executive's ’s unpaid salary and any earned but unpaid bonuses through the Date of Termination. The Estate shall be entitled to other death benefits in accordance with the terms of the Company's ’s benefit programs and plans.

Appears in 2 contracts

Samples: Executive Employment Agreement (Inhibitex, Inc.), Executive Employment Agreement (Inhibitex, Inc.)

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Compensation Upon Termination Upon Death. In the event of the death of the Executive during the Term, the Executive's ’s designated beneficiary, or, in the absence of such designation, the estate or other legal representative of the Executive (collectively, the "Estate") shall be paid, within thirty (30) days of the Executive's ’s death, an amount equal to the sum of the Executive's ’s unpaid salary and any earned bonuses or other compensation declared by the Board of Directors or a committee but unpaid bonuses through the Date of Termination. The Estate shall be entitled to other death benefits in accordance with the terms of the Company's ’s benefit programs and plans.

Appears in 1 contract

Samples: Executive Employment Agreement (Inhibitex, Inc.)

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