Common use of If upon Death Clause in Contracts

If upon Death. If Executive’s employment is terminated by reason of Executive’s death during the Post-Change Period, the Company’s sole obligations to Executive under Sections 2.1 and 2.2 and this Article shall be as follows: (a) to pay Executive’s estate or Beneficiary a lump-sum cash amount equal to all Accrued Obligations; and (b) to provide Executive’s estate or Beneficiary survivor and other benefits that are not less than the most favorable survivor and other benefits then available under Plans of the Company to the estates or the surviving families of peer executives of the Company. Such survivor benefits shall also be no less favorable, in the aggregate, than the most favorable of the survivor benefits available to Executive under such Plans in effect at any time during the 90-day period immediately preceding the Effective Date.