Death During Employment. If the Executive dies during the term of employment, the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive through the end of the month in which his death occurs, including payments for accrued vacation and accrued bonus.
Appears in 7 contracts
Samples: Employment Agreement (Sse Telecom Inc), Employment Agreement (Sse Telecom Inc), Employment Agreement (Sse Telecom Inc)
Death During Employment. If the Executive dies during the term of employmentemployment provided for in this Agreement, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive through up to the end of the month in which his death occurs, including payments for accrued vacation and accrued bonus.
Appears in 7 contracts
Samples: Employment Agreement (Whittier Energy Corp), Employment Agreement (Whittier Energy Corp), Employment Agreement (Whittier Energy Corp)
Death During Employment. If the Executive dies during the term of employmentthis Agreement, the Company shall pay to the estate of the Executive the compensation to which he would otherwise be payable to the Executive entitled through the end of the month in which his death occursoccurs in accordance with Section 4(a) above. Company shall also pay to the estate of Executive an amount equal to any bonus or other incentive payments which would otherwise have been due to Executive had Executive been employed as of fiscal year end, including payments for accrued vacation pro-rated to date of death. This Agreement shall thereupon terminate, and accrued bonusCompany shall have no further obligation to the estate of Executive.
Appears in 5 contracts
Samples: Executive Employment Agreement (Ladd Furniture Inc), Executive Employment Agreement (Ladd Furniture Inc), Executive Employment Agreement (Ladd Furniture Inc)
Death During Employment. If the Executive dies during the term of employmentThis Agreement shall terminate upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estates, all amounts due to Executive due as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive through the end of the month in which his death occurs, including payments for accrued vacation and accrued bonuspay severance or provide other benefits.
Appears in 5 contracts
Samples: Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc)
Death During Employment. If the Executive dies during the term of employmentwhile this Agreement remains in effect, the Company shall promptly pay to the estate of the Executive the all compensation which would otherwise be payable to the and bonuses (on a pro rata basis) due Executive through the end as of the month in which date of his death occurs, including payments for accrued vacation and accrued bonusdeath.
Appears in 2 contracts
Samples: Employment Agreement (Bioxide Corp), Employment Agreement (Bioxide Corp)
Death During Employment. If the Executive dies during the term of employmentThis Agreement shall terminate upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estates, all amounts due to Executive as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive through the end of the month in which his death occurs, including payments for accrued vacation and accrued bonuspay severance or provide other benefits.
Appears in 2 contracts
Samples: Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc)
Death During Employment. If the Executive dies during the term of this employment, the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive through up to the end of the month period remaining under the terms of this Agreement, and the Company shall have no further obligations under this Agreement or otherwise in which his death occursrespect of Executive’s employment. All back salary, including payments for accrued vacation if owed, would be due and accrued bonuspayable, plus personal Guarantees would be removed. Per Section 4.8.
Appears in 2 contracts
Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.), Executive Employment Agreement (GenuTec Business Solutions, Inc.)
Death During Employment. If This Agreement shall terminate upon the Executive dies during the term of employmentExecutive's death. In such event, the Company Corporation shall pay a death benefit equal to the estate of Executive's base monthly salary for the Executive the compensation which would otherwise be payable to the Executive through the end balance of the month in which of the Executive's death and for the month following his death occurs, including payments for accrued vacation and accrued bonus.death. Any amounts payable under this Agreement
Appears in 1 contract
Death During Employment. If the Executive dies during the term of his employment, the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive through up to the end of the month period remaining under the terms and conditions of this Agreement, and the Company shall have no further obligations under this Agreement or otherwise in which his death occursrespect of Executive’s employment. All back salary, including payments for accrued vacation if owed, would be due and accrued bonuspayable and all personal guarantees would be removed pursuant to Section 4.8 below.
Appears in 1 contract
Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.)
Death During Employment. If the Executive dies during the term of employmentThis Agreement shall terminate upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estate, all amounts due to Executive due as of the Executive the compensation date of death. The Company shall not have obligations to pay severance under Section 13 or otherwise or provide any other benefits other than those to which would otherwise be payable to the Executive through the end of the month in which his death occurs, including payments for accrued vacation Executive’s estate is then entitled under Section 4 above and accrued bonusapplicable law.
Appears in 1 contract
Samples: Executive Employment Agreement (Rainmaker Systems Inc)
Death During Employment. If the Executive dies during the term of employmentThis Agreement shall terminate upon Executive's death, and the Company shall pay to Executive's surviving spouse, or if none, to the estate executors and administrators of Executive's estates, all amounts due to Executive due as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive through the end of the month in which his death occurs, including payments for accrued vacation and accrued bonuspay severance or provide other benefits.
Appears in 1 contract
Samples: Executive Employment Agreement (Rainmaker Systems Inc)
Death During Employment. If the Executive dies during the term of employment------------------------- employment provided for in this Agreement, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive through up to the end of the month in which his death occurs, including payments for accrued vacation and accrued bonus.
Appears in 1 contract
Death During Employment. If the Executive dies during the term of this employment, the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to Executive for the Executive through period remaining under the end terms of the month this Agreement, up to a maximum of one year. The Company shall have no further obligations under this Agreement or otherwise in which his death occurs, including payments for accrued vacation and accrued bonusrespect of Executive’s employment.
Appears in 1 contract
Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.)
Death During Employment. If the Executive dies during the term of employmentTerm, the Company shall pay to the estate of Executive any accrued and unpaid salary and any accrued and unpaid bonus for any prior fiscal year of the Executive Company. This Agreement shall thereupon terminate, and the compensation which would otherwise be payable Company shall have no further obligation to the Executive through the end estate of the month in which his death occurs, including payments for accrued vacation and accrued bonusExecutive.
Appears in 1 contract
Samples: Executive Employment Agreement (Fushi Copperweld, Inc.)