Common use of Heirs of Executive Clause in Contracts

Heirs of Executive. For purposes of this Employment Agreement, the term Executive shall also mean the designated heirs of Executive and/or the estate of Executive (collectively the “Heirs”). In the event Executive, shall become deceased or disabled, the Heirs of Executive shall in his stead be paid all Compensations and Obligations due under this Employment Agreement for the full term hereof in the same manner as if Executive were still living.

Appears in 4 contracts

Samples: Employment Agreement (Acacia Diversified Holdings, Inc.), Employment Agreement (Acacia Diversified Holdings, Inc.), Employment Agreement (Acacia Diversified Holdings, Inc.)

AutoNDA by SimpleDocs

Heirs of Executive. For purposes of this Employment Modified Agreement, the term Executive shall also mean the designated heirs of Executive and/or the estate of Executive (collectively the “Heirs”). In the event Executive, Executive shall become deceased or disabled, the Heirs of Executive shall in his stead be paid all Compensations and Obligations due under this Employment Modified Agreement for the full term hereof in the same manner as if Executive were still living.

Appears in 1 contract

Samples: Employment Agreement (Acacia Diversified Holdings, Inc.)

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