Common use of Death and Permanent Disability Clause in Contracts

Death and Permanent Disability. In the event of the Employee's death, any amount payable or distributable to the Employee pursuant hereto from rights and benefits accrued to and through the date of his death shall be paid at the time or times indicated in such Section to the beneficiary designated by the Employee for purposes of his group term life insurance coverage with PlayCore Wisconsin and, if no beneficiary is designated for such purposes or if no group term life insurance is then in effect, to the Employee's estate. In the event that Employee's employment is terminated due to Permanent Disability, Employee shall be entitled to accrued compensation through the Termination Date and any other benefits (if any) to which Employee may be entitled under PlayCore Wisconsin's benefit plans, programs and policies as then in effect.