Common use of Compensation Upon Termination Upon Death Clause in Contracts

Compensation Upon Termination Upon Death. In the event that Executive’s employment is terminated pursuant to section 10.2, Executive’s beneficiary or beneficiary designated by Executive in writing to the Company, or in the absence of such beneficiary, Executive’s estate, shall be entitled to receive Executive’s then current Base Salary through three hundred and sixty-five (365) days after the date of his death.

Compensation Upon Termination Upon Death. In the event that Executive’s 's employment is terminated pursuant to section 10.2, Executive’s 's beneficiary or beneficiary designated by Executive in writing to the Company, or in the absence of such beneficiary, Executive’s 's estate, shall be entitled to receive Executive’s 's then current Base Salary through three hundred and sixty-five sixty (365) days after the date of his death.