Common use of Distributions Following Death Clause in Contracts

Distributions Following Death. With respect to the portion of an Award that vests as a result of the death of a Participant, payment of the portion of the Award that is due to the Participant (less applicable tax withholdings) shall be paid to the Participant’s beneficiary or his or her estate within 90 days following the death of the Participant.

Appears in 7 contracts

Samples: Long Term Cash Award Agreement, Long Term Cash Award Agreement, Long Term Cash Award Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!