Executive dies Sample Clauses

Executive dies. (b) Executive becomes permanently disabled and qualifies for payments under Employer's disability plans for a period covering 90 consecutive days.
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Executive dies. 6.2.3 Notwithstanding anything to the contrary in this Section 6.2, if and to the extent the Company’s CEO and compensation committee of the Board determine, in their sole discretion and in accordance with the performance objectives to be set forth in Exhibit B, that Executive should be paid Incentive Compensation for the portion of the fiscal year prior to any such termination for Inability to Perform, Executive shall be paid such amount within thirty (30) days after the Company’s CEO and compensation committee of the Board make such determination. For the avoidance of doubt, in the event of an Inability to Perform, Executive understands that he shall have no right to any such Incentive Compensation, and whether or not he receives Incentive Compensation in such event is solely a matter of discretion for the Company’s CEO and compensation committee of the Board to determine.
Executive dies. (b) The net value of the Split Dollar Insurance described in 4.1 and 4.2 equals or exceeds the present value of Executive's Base Pay Retirement Supplement. Present value for this purpose shall be determined under the actuarial assumptions for calculating equivalent benefits under the Tektronix Pension Plan, as in effect when the determination is made or, if that plan no longer exists, under a successor defined benefit pension plan. If Executive receives an make any scheduled premium payment from the Split Dollar Policy or if Executive fails to make any scheduled premium payment under the Split Dollar Policy, the net value of the Split Dollar Policy for purposes of this Section shall be increased to the net value that would have resulted if such distribution, loan or other payment had not been received, or such scheduled premium had been paid.

Related to Executive dies

  • Executive Duties During and after Executive’s employment with the Company, Executive shall, without additional compensation: (i) promptly disclose to the Company any Employee Development, specifically identifying any inventions, improvements or other portions of the Employee Development that are potential patentable or susceptible to protection as a trade secret; (ii) execute and deliver any and all applications, assignments, documents, and other instruments that the Company shall deem necessary to protect the right, title and interest of the Company or its designee in or to any Employee Development; (iii) reasonably cooperate and assist in providing information for making and completing regulatory and other filings in connection with any Employee Development; (iv) reasonably cooperate and assist in providing information for or participating in any action, threatened action, or considered action relating to any Employee Development; and (v) take any and all other actions as the Company may otherwise require with respect to any Employee Development.

  • Executive Executive’s rights and obligations under this Agreement shall not be transferable by Executive by assignment or otherwise, without the prior written consent of the Company; provided, however, that if Executive shall die, all amounts then payable to Executive hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or other designee, or if there be no such designee, to Executive’s estate.

  • Employment Terms As a condition to your employment with the Company, you are required to (a) sign and return a satisfactory I-9 Immigration form providing sufficient documentation establishing your employment eligibility in the United States, and (b) provide satisfactory proof of your identity as required by United States law.

  • Executive Perquisites Executive shall be entitled to receive such executive perquisites and fringe and other benefits as are provided to the senior most executives and their families under any of the Company's plans and/or programs in effect from time to time and such other benefits as are customarily available to executives of the Company and their families.

  • Employment Termination This Agreement and the employment of the Executive shall terminate upon the occurrence of any of the following:

  • Employment of Executive Employer hereby agrees to employ Executive, and Executive hereby agrees to be and remain in the employ of Employer, upon the terms and conditions hereinafter set forth.

  • Term of Employment; Termination (a) The “

  • End of Employment (a) Executive agrees that all documents of any nature pertaining to the activities of the Company or its affiliates, or that include Confidential Information, in his possession now or at any time during the term of his employment, including, without limitation, memoranda, notebooks, notes, data sheets, records, and computer programs, are and shall be the property of the Company and that all copies thereof shall be surrendered to the appropriate entity upon termination of employment.

  • Period of Employment The “Period of Employment” shall be a period of three (3) years commencing on the Employment Commencement Date and ending at the close of business on the third (3rd) anniversary of the Employment Commencement Date (the “Termination Date”); provided, however, that this Agreement shall be automatically renewed, and the Period of Employment shall be automatically extended for one (1) additional year on the Termination Date and each anniversary of the Termination Date thereafter, unless either party gives notice, in writing, at least thirty (30) days prior to the expiration of this Agreement and the Period of Employment (including any renewal thereof) of such party’s desire to terminate the Agreement or modify its terms. The term “Period of Employment” shall include any extension thereof pursuant to the preceding sentence. Provision of notice that the Period of Employment shall not be extended or further extended, as the case may be, shall not constitute a breach of this Agreement and shall not constitute “Constructive Termination” for purposes of this Agreement. Notwithstanding the foregoing, the Period of Employment is subject to earlier termination as provided below in this Agreement.

  • Terms of Employment This Section 2 sets forth the terms and conditions on which the Company agrees to employ Executive during the period (the "Protected Period") beginning on the first day during the Term of this Agreement on which a Change of Control occurs and ending on the second anniversary of that date, or such earlier date as Executive's employment terminates as contemplated by Section 3.

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