Common use of Death of Executive Clause in Contracts

Death of Executive. The employment of Executive shall automatically terminate upon the death of Executive. Upon such termination, Executive’s estate or, if applicable, his heirs shall receive only the base salary earned and due to Executive under this Agreement as the result of his activities during the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The employment of Executive shall automatically terminate upon the death of Executive. Upon such termination, Executive’s estate or, if applicable, his heirs employment shall receive only the base salary earned and due to Executive under this Agreement as the result of his activities terminate automatically upon Executive’s death during the pay period during which the death occurredTerm of this Agreement, and thereafter no further consideration or compensation such termination shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for considered a pro rated bonus, and there shall be no acceleration of vesting of stock option rightstermination without Good Cause.

Death of Executive. The If during the Term the Executive shall die, then the employment of the Executive by the Company shall automatically terminate upon on the death date of the Executive’s death. Upon In such terminationevent, the Company shall be obligated to pay to the Executive’s estate oror as otherwise directed by the Executive’s personal representative or executor, if applicable, his heirs shall receive only the base salary earned and due Executive’s Salary (subject to Executive under this Agreement as applicable payroll and/or other taxes required by law to be withheld) through the result date of his activities during the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rightsExecutive’s death.

Death of Executive. The employment In the event of Executive shall automatically terminate upon the death of Executive. Upon such termination, the employment of Executive by Company shall automatically terminate on the date of Executive’s death and Company shall be obligated to pay Executive’s estate orExecutive’s accrued and unpaid Salary, if applicableany declared but unpaid bonus and other benefits through the termination date. Other than as set forth in the preceding sentence, his heirs Company shall receive only the base salary earned and due to Executive have no further obligations under this Agreement as from and after the result date of his activities during the pay period during which termination due to the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rightsExecutive.

Death of Executive. The Executive’s employment shall terminate automatically upon Executive’s death. Upon termination of Executive shall automatically terminate upon the death this Agreement because of Executive. Upon such termination’s death, the Company shall pay Executive’s spouse (or estate orif spouse is deceased) Executive’s Accrued Compensation through the date of Executive’s death plus an additional six (6) months’ severance at Executive’s Base Salary monthly rate at time of death, if applicable, his heirs shall receive only along with any additional compensation that would have been due through the base salary earned and due to Executive under this Agreement as the result end of his activities during the pay period quarter during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The Executive’s employment shall terminate automatically upon Executive’s death. Upon termination of Executive shall automatically terminate upon the death this Agreement because of Executive. Upon such termination’s death, the Company shall pay Executive’s spouse (or estate or, if applicable, his heirs shall receive only spouse is deceased) Executive’s Accrued Compensation through the base salary earned and due to Executive under date of Executive’s death plus the Additional Severance Compensation described in Section 5(h)(ii) of this Agreement as calculated at Executive’s Base Salary monthly rate at time of death, along with any additional compensation that would have been due through the result end of his activities during the pay period quarter during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The employment of Executive shall automatically terminate upon the death of Executive. Upon such termination, Executive’s 's estate or, if applicable, his heirs shall receive only the base salary such amounts as are earned and due to Executive under this Agreement as the result of his activities during the pay period during which the death occurredprior to his death, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The Executive’s employment of Executive shall hereunder automatically terminate terminates upon the death of Executive. Upon In the event of such terminationdeath, Executive’s estate or, if applicable, his heirs shall will be entitled to receive only the base salary earned and compensation due to Executive under this Agreement as through the result last day of his activities during the pay period during calendar month in which the Executive’s death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The In the event of Executive's death during the term hereof, Executive's employment of Executive hereunder shall immediately and automatically terminate upon and the death of Company shall pay to Executive. Upon such termination, Executive’s estate 's designated beneficiary or, if applicableno beneficiary has been designated by Executive, his heirs shall receive only the base salary earned and due to Executive under this Agreement as the result of his activities during the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible , any earned buy unpaid Base salary and any incentive or bonus compensation that is earned but unpaid for a pro rated bonusthe prior year, and there shall be no acceleration for the year of vesting his death, prorated through the date of stock option rightshis death.

Death of Executive. The Executive’s employment shall terminate automatically upon Executive’s death. Upon termination of Executive shall automatically terminate upon the death this Agreement because of Executive. Upon such termination’s death, the Company shall pay Executive’s spouse (or estate orif spouse is deceased) Executive’s Accrued Compensation through the date of Executive’s death plus an additional ninety (90) days’ severance at Executive’s salary at time of death, if applicable, his heirs shall receive only along with any additional compensation that would have been due through the base salary earned and due to Executive under this Agreement as the result end of his activities during the pay period quarter during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The If during the Term the Executive shall die, then the employment of the Executive by the Company shall automatically terminate upon on the death date of the Executive. Upon ’s death, In such terminationevent, the Company shall be obligated to pay to the Executive’s estate oror as otherwise directed by the Executive’s personal representative or executor, if applicable, his heirs shall receive only the base salary Executive’s Salary and earned Warrants and due Shares (subject to Executive under this Agreement as applicable payroll and/or other taxes required by law to be withheld) through the result date of his activities during the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rightsExecutive’s death.

Death of Executive. The Executive’s employment of Executive shall automatically terminate upon the death of Executivehis death. Upon such termination, the Executive’s estate or, if applicable, his heirs shall receive only the an amount equal to his then-current base salary, payable through his date of death on a monthly basis. The base monthly salary earned and due to Executive under this Agreement may be continued for such period as the result of President and CEO in his activities during sole discretion shall determine to be appropriate under the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rightscircumstances.

Death of Executive. The employment of Executive shall Employment Term automatically terminate terminates upon the death of Executive. Upon In the event of such terminationdeath, Executive’s 's estate or, if applicable, his heirs shall be entitled to receive only the base salary earned and compensation due to Executive under this Agreement as through the result last day of his activities during the pay period during calendar month in which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a pro rated bonus, and there shall be no acceleration of vesting of stock option rights.

Death of Executive. The employment of Executive shall automatically terminate upon the death of Executive. On the date of a termination of employment with Employer as a result of a death of Executive, all unvested stock option rights shall immediately become 100% vested. Upon such termination, Executive’s estate or, if applicable, his heirs shall receive only the base salary earned and due to Executive under this Agreement as the result of his activities during the pay period during which the death occurred, and thereafter no further consideration or compensation shall be owed by Employer to Executive or to his estate. Executive shall not be eligible for a any pro rated bonus, and there shall be no acceleration of vesting of stock option rights.