Common use of Continuation of Compensation Clause in Contracts

Continuation of Compensation. If Executive becomes entitled to payments under Sections 8, 9 or 10 but dies before receipt thereof, the Company agrees to pay to the Executive’s spouse or his estate, as the case may be, pursuant to such designation as Executive shall deliver to the Company in a form reasonably satisfactory to the Company, any amounts to which Executive, at the time of his death, was so entitled.

Appears in 2 contracts

Samples: Employment Agreement (Cracker Barrel Old Country Store, Inc), Employment Agreement (CBRL Group Inc)

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Continuation of Compensation. If Executive becomes entitled to payments under Sections 82.2, 8.4 or 8.5 or Articles 9 or and 10 but dies before receipt thereof, the Company agrees to pay to the Executive’s her spouse or his estate, as the case may be, pursuant to such designation as Executive shall deliver to the Company in a form reasonably satisfactory to the Company, any amounts to which Executive, at the time of his her death, was so entitled.

Appears in 2 contracts

Samples: Employment Agreement (Cracker Barrel Old Country Store, Inc), Employment Agreement (Cracker Barrel Old Country Store, Inc)

Continuation of Compensation. If Executive becomes entitled to payments under Sections 8, Section 8 or Section 9 or 10 but dies before receipt thereof, the Company agrees to pay to the Executive’s spouse or his her estate, as the case may be, pursuant to such designation as Executive shall deliver to the Company in a form reasonably satisfactory to the Company, any amounts to which Executive, at the time of his her death, was so entitled.

Appears in 2 contracts

Samples: Employment Agreement (Cracker Barrel Old Country Store, Inc), Employment Agreement (Cracker Barrel Old Country Store, Inc)

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Continuation of Compensation. If Executive becomes entitled to payments under Sections Articles 8, 9 or 10 but dies before receipt thereof, the Company agrees to pay to the Executive’s spouse or his estate, as the case may be, pursuant to such designation as Executive shall deliver to the Company in a form reasonably satisfactory to the Company, any amounts to which Executive, at the time of his death, was so entitled.

Appears in 1 contract

Samples: Employment Agreement (Cracker Barrel Old Country Store, Inc)

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