Death of the Employee. The TERM shall automatically expire upon the death of the EMPLOYEE. In such event, the EMPLOYEE’s estate shall be entitled to receive the amount of the annual salary that the EMPLOYEE would have received through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 15 contracts
Samples: Bank Employment Agreement (United Community Bancorp), Bank Employment Agreement (United Community Bancorp), Employment Agreement (United Community Bancorp)
Death of the Employee. The TERM shall automatically expire upon the death of the EMPLOYEE. In such event, the EMPLOYEE’s 's estate shall be entitled to receive the amount of the annual salary that compensation due the EMPLOYEE would have received through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 7 contracts
Samples: Employment Agreement (United Community Financial Corp), Employment Agreement (Home Loan Financial Corp), Employment Agreement (United Community Financial Corp)
Death of the Employee. The TERM shall automatically expire upon the death of the EMPLOYEE. In such event, the EMPLOYEE’s 'S estate shall be entitled to receive the amount of the annual salary that compensation due the EMPLOYEE would have received through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 7 contracts
Samples: Employment Agreement (United Community Financial Corp), Employment Agreement (United Community Financial Corp), Employment Agreement (United Community Financial Corp)
Death of the Employee. The TERM Term shall automatically expire upon the death of the EMPLOYEEEmployee. In such event, the EMPLOYEEEmployee’s estate shall be entitled to receive the amount of the annual salary that the EMPLOYEE Employee would have received through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 3 contracts
Samples: Employment Agreement (United Community Bancorp), Employment Agreement (United Community Bancorp), Employment Agreement (United Community Bancorp)
Death of the Employee. The TERM Term shall automatically expire upon the death of the EMPLOYEEEmployee. In such event, the EMPLOYEE’s Employee's estate shall be entitled to receive the amount of compensation due the annual salary that the EMPLOYEE would have received Employee through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 2 contracts
Samples: Employment Agreement (United Community Financial Corp), Employment Agreement (United Community Financial Corp)
Death of the Employee. The TERM shall automatically expire upon the death of the EMPLOYEE, unless the employment of the EMPLOYEE has been terminated prior to EMPLOYEE'S death pursuant to Section 4(a) of this AGREEMENT. In the event of such eventdeath, the EMPLOYEE’s 's estate shall be entitled to receive the amount of the annual salary that compensation due the EMPLOYEE would have received through the last day of the third calendar month following the month in which the death occurred, except as otherwise specified herein.
Appears in 1 contract
