Common use of Death Prior to Termination of Employment Clause in Contracts

Death Prior to Termination of Employment. If the Executive shall die during the Employment Term, the Company shall have no liability or further obligation except as follows: (a) The Company shall pay the Executive's estate, when otherwise due, any unpaid Base Salary for the period prior to the Executive's death, any declared or awarded but unpaid Incentive Compensation and any other unpaid amounts due the Executive under any other Benefit Plans (collectively, the "Entitlements"). (b) The Executive's estate shall have such rights, if any, under employee benefit, fringe benefit or incentive plans as may be provided in such plans and any grants thereunder in accordance with their respective terms.