Common use of Payment to Estate Clause in Contracts

Payment to Estate. If the Assistant Superintendent for Curriculum and Instruction dies before this Employment Contract term is completed, payment for all accumulated vacation days, but not for accumulated unused sick days, shall be made to his estate or his named beneficiary. In addition, the Board agrees to pay the Assistant Superintendent for Curriculum and Instruction's estate the balance of any terminal leave compensation from his time with the LTASA as referred to in paragraph #7 above that has been accumulated up to the time of death. In either case, the payment schedule shall be that of the district’s current policy regarding terminal leave compensation disbursements.

Appears in 5 contracts

Samples: Employment Agreement, Employment Agreement, Employment Agreement

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