Death Termination. In the event of the Employee’s death during the term of this Agreement, the Employee’s employment shall be deemed to have terminated as of the last day of the month during which his or her death occurs, and the Company shall promptly pay to the Employee’s estate Accrued Compensation, if any.
Appears in 8 contracts
Samples: Employment Agreement (Mega Bridge Inc.), Employment Agreement (Rich Pharmaceuticals, Inc.), Employment Agreement (LED Lighting Co)
Death Termination. In the event of the Employee’s death during the term of this Agreement, the Employee’s employment shall be deemed to have terminated as of the last day of the month during which his or her death occurs, and the Company shall promptly pay to the Employee’s estate Accrued Compensation, if any, and shall continue to pay the Employee’s estate the Employee Base Salary for a period of three (3) months from the date of termination at the rate and upon the normal payroll schedule in effect at the time of termination.
Appears in 3 contracts
Samples: Employment Agreement (Public Media Works Inc), Employment Agreement (Molecular Imaging Corp), Employment Agreement (Public Media Works Inc)
Death Termination. In the event of the The Employee’s death during the term of this Agreement, the Employee’s 's employment shall be deemed to have terminated as of the last day of the month during which his or her death occurs, and the Company shall promptly pay to the Employee’s 's estate Accrued Compensation, if any, and a lump sum payment equal to six month's Base Salary, plus any cash bonuses, commissions or similar payment accrued prior to termination, at the rate in effect at the time of termination, less applicable withholding.
Appears in 2 contracts
Samples: Employment Agreement (Alpha Innotech Corp), Employment Agreement (Alpha Innotech Corp)
Death Termination. In the event of the Employee’s death during the term of this Agreement, the Employee’s employment shall be deemed to have terminated as of the last day of the month during which his or her death occurs, and the Company shall promptly pay to the Employee’s estate Accrued Compensation, if any, and shall continue to pay the Employee’s estate the Employee Base Salary for a period of nine (9) months from the date of termination at the rate and upon the normal payroll schedule in effect at the time of termination.
Appears in 2 contracts
Samples: Employment Agreement (Socialwise, Inc. (Formerly Known as IdeaEdge, Inc)), Employment Agreement (Socialwise, Inc. (Formerly Known as IdeaEdge, Inc))
Death Termination. In the event of the Employee’s death during the term of this Agreement, the Employee’s employment shall be deemed to have terminated as of the last day of the month during which his or her death occurs, and the Company shall promptly pay to the Employee’s estate Accrued Compensation, if any, and shall continue to pay the Employee’s estate the Employee Base Salary for a period of twelve (12) months from the date of termination at the rate and upon the normal payroll schedule in effect at the time of termination.
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