Employee Death. If an employee should die while participating in the plan, the balance of deferred salary and interest in the individual trust account held for the employee will be paid to the employee's beneficiary upon receipt by the Board of proper notice.
Employee Death. In the event of the death of the employee prior to the above payment, the payment shall be remitted to the employee’s beneficiary on record as of the date of retirement. In the event that no beneficiary is on record, the payment shall be made to the estate of the employee. Said payment to the beneficiary or estate shall be made according to the above schedule.
Employee Death. If Employee dies while this Agreement is in full force and effect, Employer shall pay to Employee's named beneficiary, or in default of the named beneficiary to Employee's estate, all salary accrued but unpaid through the pay period which includes the date of Employee's death.
Employee Death. In the event of the death of Employee during the Term of Employment, Employee’s heir shall be entitled to receive all payments otherwise earned, vested, due and unpaid to the Employee from the Employer pursuant to the terms and conditions of this Agreement as or the date of Employee’s death.
Employee Death. Upon death of an employee, any unused Annual Leave and Administrative Leave shall be paid to the employee's surviving spouse or beneficiary. In the absence of a spouse or beneficiary, any unused Annual Leave and Administrative Leave shall be paid to the primary beneficiary specified by the employee on the employee's enrollment/beneficiary card for City provided life insurance.
Employee Death. In the event of a non-service connected death of an active and participating employee, after twenty (20) years of service, the spouse of said employee will, at her/his option, receive either a return of employee contributions to the plan or fifty percent (50%) of the normal retirement benefit until the death or remarriage of said spouse. This clause becomes effective on the date of signing of this agreement.
Employee Death. In the event Xxxxx’x employment ends due to his death, this Agreement shall terminate and all obligations to Xxxxx shall cease as of the date of death except that the Company will pay to the legal representative of his estate in substantially equal installments the Base Salary until the end of the month of the first anniversary of Xxxxx'x death. Any annual Management Incentive Plan bonus (or amounts in lieu thereof), payable for the fiscal year in which Xxxxx’x death occurs, shall be determined by the Compensation Committee at its meeting following the end of such fiscal year, pro rated to the date of death, and promptly paid to Xxxxx’x estate. All rights and benefits of Xxxxx under the benefit plans and programs of the Company in which Xxxxx is a participant, will be provided as determined in accordance with the terms and provisions of such plans and programs. All awards of restricted stock, stock options and any other benefits under the Incentive Plans shall be handled in accordance with terms of the relevant plan and agreements entered into between Xxxxx and the Company with respect such awards.
Employee Death.
36.1: For purposes of this contract, all pay, allowances, and other benefits due a deceased employee shall be paid to the employee’s beneficiary. Where such employee has no named beneficiary, payment shall be made to the deceased employee’s estate.
Employee Death. If an Employee who is eligible for vacation should die, a payment equivalent to the amount of earned vacation for the current calendar year and the following calendar year for which he was eligible at the time of his or her death shall be made to his estate.
Employee Death. 18 The District shall provide dependent medical insurance coverage 19 for a period of six (6) years following the death of a Member who is 20 covered under a District medical insurance plan at the time of the 21 0HPEHUd·eaVth, who has at least fifteen (15) years of service with the 22 District and was at least age fifty (50).
