Death grant Sample Clauses

Death grant. In the event of the death of an employee, any legal heir whom the deceased was legally obliged to maintain shall be entitled to a death grant amounting to one month’s remuneration. If there are more than 3 eligible surviving dependants, a total of 3 months’ remuneration is due; this is to be divided per capita. If only one child has this entitlement and the deceased was a single parent (without a spouse or registered partner), this child is entitled to 2 months’ remuneration. Period of continued employment of apprentices
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Death grant. Payment of death grants
Death grant. 1. Where a person (other than a pensioner), or a member of their family, dies in the Party which is not competent for the payment of death grants, their death shall be treated as if it had occurred in the competent Party. 2. Where a pensioner, who was entitled to a pension under the legislation of one or both Parties, or a member of their family dies, the Party competent for the payment of benefits under Article 20 shall also be competent for the payment of death grants. 3. Where a person or a member of their family dies, the competent Party shall pay the death grant under the legislation it applies, even if the person entitled to it resides in the other Party. 4. This Article shall also apply when the death is the result of an accident at work or an occupational disease. Part V Miscellaneous Provisions Section 1 Principles Article 44 1. Collection of contributions due to one Party and recovery of overpaid or wrongly paid benefits provided by one Party may be effected in the other Party in accordance with the procedures and with the guarantees and privileges applicable in relation to similar claims arising in the latter Party. 2. Enforceable decisions of the judicial and administrative authorities relating to the collection of contributions, interest and any other charges or to the recovery of overpaid or wrongly paid benefits in one Party shall be recognised and enforced at the request of the relevant authority in the other Party, to the extent that the laws of the latter Party allow and within the limits and in accordance with the procedures laid down by the legislation and any other procedures applicable to similar decisions of that Party. Such decisions shall be declared enforceable in the latter Party in so far as the legislation and any other procedures of that Party so require. 3. Claims of a relevant authority of one Party shall in enforcement, bankruptcy or settlement proceedings in the other Party enjoy the same privileges as the legislation of the latter Party accords to similar claims.
Death grant. ( 1 ) Where a worker dies in employment, the employer shall pay a death grant of Rs 2,000.00 to : (a) the surviving spouse of the worker ; or (b) where the deceased leaves no spouse, the person who satisfies the employer that he has borne the funeral expenses.
Death grant. (1) To qualify for death grant under the legislation of one Contracting State, the applicant who is residing in the territory of the other Contracting State shall submit the request directly to the competent institution or through the institution of his place of residence. (2) The request shall be accompanied by the documents necessary under the legislation applied by the competent institution. (3) Information provided by the applicant must be supported by official documents attached to the request and /or confirmed, as appropriate, by the institution of the place of residence of the applicant.
Death grant. This Agreement shall also apply to all legal provisions that amend the legal schemes referred to in paragraph 1.
Death grant. ZUS awards and pays the death grant, with application of the national legislation. The fact that the death took place in the territory of South Korea or that the funeral took place in that State is no obstacle to payment of the grant. On the request of the person concerned who resides in the territory of South Korea, the death grant may be transferred to his or her place of residence. More detailed information on death grant awarded by ZUS under the Polish legislation is available at a website: xxx.xxx.xx. Where a pension claimant has accumulated only insurance periods under the Polish legislation, but resides in the territory of South Korea, pension entitlement is established only by ZUS, in accordance with the Polish legislation. The mentioned person may be granted the benefit in Poland if he or she satis- fies the requirements under the Polish legislation. S/he may also claim the benefit from ZUS through the Korean agency, NPS (see p. 14-16 of the brochure).
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Death grant. The award of death grant Chapter 4 Benefits in the event of work accident and occupational disease
Death grant. Article 10

Related to Death grant

  • Death of Grantee If the Grantee shall die during the term of this Option, the Grantee's legal representative or representatives, or the person or persons entitled to do so under the Grantee's last will and testament or under applicable intestate laws, shall have the right to exercise this Option, but only for the number of shares as to which the Grantee was entitled to exercise this Option in accordance with Section 2 hereof on the date of his death, and such right shall expire and this Option shall terminate one (1) year after the date of the Grantee's death or on the expiration date of this Option, whichever date is sooner. In all other respects, this Option shall terminate upon such death.

  • DEATH OF BENEFICIARY Unless otherwise provided in the Beneficiary designation, if any Beneficiary dies before the Owner, that Beneficiary's interest will go to any other primary Beneficiaries named, according to their respective interests. If there are no primary Beneficiaries, the Beneficiaries' interest will pass to a contingent Beneficiary, if any. Prior to the Annuity Commencement Date, if no Beneficiary or contingent Beneficiary survives the Owner, the Death Benefits will be paid to the Owner's estate. Unless otherwise provided in the Beneficiary designation, once a Beneficiary is receiving Death Benefits or annuity payments under an Annuity Payment Option, the Beneficiary may name his or her own Beneficiary to receive any remaining benefits due under the Contract, should the original Beneficiary die prior to receipt of all benefits. If no Beneficiary is named or the named Beneficiary predeceases the original Beneficiary, any remaining benefits will continue to the original Beneficiary's estate. A Beneficiary designation must be made by Notice to LNY.

  • Death of Participant Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • Death of Optionee If the Optionee shall die while in the employ of the Company, Optionee's personal representative or the person entitled to Optionee's rights hereunder may at any time within six (6) months after the date of Optionee's death, or during the remaining term of this Option, whichever is the lesser, exercise this Option and purchase Shares to the extent, but only to the extent, that Optionee could have exercised this Option as of the date of Optionee's death; provided, in any case, that this Option may be so exercised only to the extent that this Option has not previously been exercised by Optionee.

  • Death of an Employee All rights to accident pay will cease on the death of an Employee.

  • Death of Executive In the event of the death of Executive during the Employment Period, the Company’s obligations hereunder shall automatically cease and terminate; provided, however, that within 15 days the Company shall pay to Executive’s heirs or personal representatives Executive’s Base Salary and accrued vacation accrued to the date of death.

  • Upon Death or Disability If the Executive dies, all provisions of Section 3 of this Agreement (other than rights or benefits arising as a result of such death) and the Employment Term shall be automatically terminated; provided, however, that an amount equal to the earned and unpaid Incentive Payments to the date of death and the Standard Termination Payments shall be paid to the Executive’s surviving spouse or, if none, the Executive’s estate (as set forth above), and the death benefits under the Company’s employee benefit plans shall be paid to the Executive’s beneficiary or beneficiaries as properly designated in writing by the Executive. If the Executive is unable to perform the essential functions of the Executive’s job under this Agreement, with or without reasonable accommodation, by reason of physical or mental disability or incapacity (“Disability”) and such disability or incapacity shall have continued for any period aggregating six months within any 12 consecutive months, the Company may terminate this Agreement and the Employment Term at any time thereafter. In such event, the Executive shall be entitled to receive the Executive’s normal compensation hereunder during said time of disability or incapacity, and shall thereafter be entitled to receive the “Disability Incentive Payment” (as described in the penultimate sentence of this subsection (b)) and the Standard Termination Payments (as set forth above). The portion of the payment representing the Disability Incentive Payment shall be paid in a lump sum determined on a net present value basis, using a reasonable discount rate determined by the Board. The Disability Incentive Payment shall be equal to the target Incentive Payment that the Executive would have been eligible to receive for the year in which the Employment Term is terminated multiplied by a fraction, the numerator of which is the number of days in such year before and including the day of termination of the Employment Term and the denominator of which is the total number of days in such year. Subject to Section 19 below, the Disability Incentive Payment shall be payable in a lump sum on the 60th day after termination of the Executive’s employment.

  • Death of Employee Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • Death The Executive’s employment hereunder shall terminate upon his death.

  • Termination Upon Death of Executive Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (i) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (ii) any amounts due him pursuant to the Northrim Bank Savings Incentive Plan (401-K) and the Northrim BanCorp, Inc. Profit Sharing Plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

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