Common use of Death Clause Clause in Contracts

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" shall state that monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies moneys accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" Article 12.7.2.5 shall state that monies moneys paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies moneys accumulated, plus interest accrued at the date of death, will be paid to his/her their estate. Every agreement entered into under "Written Agreement" Article 12.7.2.5 shall state that monies moneys paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her their estate. Every agreement entered into under "Written Agreement" shall state that “monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" shall state that “monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies moneys accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" Article 12.8.2.5 shall state that monies moneys paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" shall state that monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate/beneficiary. Every agreement entered into under "Written Agreement" shall state that monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies moneys accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" Article shall state that monies moneys paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate. their Every agreement entered into under "Written Agreement" shall state that monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies accumulated, plus interest accrued at the date of death, will be paid to his/her estate. their Every agreement entered into under "'Written Agreement" shall state that monies paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”

Death Clause. Should a participant die while enrolled in the Plan, any monies moneys accumulated, plus interest accrued at the date of death, will be paid to his/her estate. Every agreement entered into under "Written Agreement" Article shall state that monies moneys paid to the estate of an employee under this section are a "right or thing" within the meaning of the Income Tax Act and shall be taxable as income in the year of the employee's death in accordance with the Income Tax Act.”