Common use of PAYMENT OF MONEY DUE DECEASED EXECUTIVE Clause in Contracts

PAYMENT OF MONEY DUE DECEASED EXECUTIVE. In the event of Executive’s death, any monies or benefits that may be due him from Tower or FNB under this Agreement as of the date of death or thereafter shall be paid to the person designated by him in writing for this purpose, or, in the absence of any such designation, to his estate.

Appears in 4 contracts

Samples: Employment Agreement, Merger Agreement (First Chester County Corp), Merger Agreement (First Chester County Corp)

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