Common use of Effect of Death Clause in Contracts

Effect of Death. In the event of the Executive’s death after he becomes entitled to payments or benefits hereunder, the payments and benefits shall be continued to his or her spouse for the remainder of the applicable 36-, 24- or 12-month period. If the Executive is not married, the payments and benefits shall cease on his or her date of death.

Appears in 4 contracts

Samples: Executive Protection Agreement (Ems Technologies Inc), Executive Protection Agreement (Ems Technologies Inc), Executive Protection Agreement (Ems Technologies Inc)

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Effect of Death. In the event of the Executive’s death after he becomes entitled to payments or benefits hereunder, the payments and benefits shall be continued to his or her spouse for the remainder of the applicable 36-, 24- 36 or 12-month period. If the Executive is not married, the payments and benefits shall cease on his or her date of death.

Appears in 1 contract

Samples: Executive Employment Agreement (Ems Technologies Inc)

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Effect of Death. In the event of the Executive’s 's death after he becomes entitled to payments or benefits hereunder, the payments and benefits shall be continued to his or her spouse for the remainder of the applicable 36-, 24- or 1224-month periodperiod to his spouse. If the Executive is not married, the payments and benefits shall cease on his or her date of death.

Appears in 1 contract

Samples: Executive Employment Agreement (National Vision Associates LTD)

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