Effect of Death or Incapacity. In the event of the termination of the Consulting Period and your services hereunder due to death or incapacity, you or your estate or designated beneficiary, as applicable, shall be entitled to a lump sum payment equal to the total amount of Fees payable to you for the remainder of the Consulting Period. Such lump sum payment shall be made within ten (10) business days following the date of termination.
Appears in 8 contracts
Samples: Employment Agreement, Letter Agreement (KLX Energy Services Holdings, Inc.), Consulting Agreement (KLX Energy Services Holdings, Inc.)
Effect of Death or Incapacity. In the event of the termination of the Consulting Period and your services hereunder due to death or incapacityIncapacity (as defined in Section 6.3 of the Employment Agreement), you or your estate or designated beneficiary, as applicable, shall be entitled to a lump sum payment equal to the total amount of Fees payable to you for the remainder of the Consulting Period. Such lump sum payment shall be made within ten (10) business days following the date of termination.
Appears in 2 contracts
Samples: Employment Agreement (KLX Inc.), Consulting Agreement (KLX Inc.)
