Common use of Payment to Estate Clause in Contracts

Payment to Estate. No person, firm or entity shall have any right to receive any payments owing to EMPLOYEE hereunder, except that EMPLOYEE’s estate shall be entitled to receive a final payment of installment of Base Salary for services rendered to UTSI through date of death and reimbursement for any business expenses previously incurred by EMPLOYEE for which he would have been entitled to reimbursement hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Universal Truckload Services, Inc.), Employment Agreement (Universal Truckload Services, Inc.), Employment Agreement (Universal Truckload Services, Inc.)

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Payment to Estate. No person, firm or entity shall have any right to receive any payments owing to EMPLOYEE hereunder, except that EMPLOYEE’s 's estate shall be entitled to receive a final payment of installment of Base Salary for services rendered to UTSI through date of death and reimbursement for any business expenses previously incurred by EMPLOYEE for which he would have been entitled to reimbursement hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Universal Truckload Services, Inc.), Employment Agreement (Universal Truckload Services, Inc.), Employment Agreement (Universal Truckload Services, Inc.)

Payment to Estate. No person, firm or entity shall have any right to receive any payments owing to EMPLOYEE hereunder, except that EMPLOYEE’s 's estate shall be entitled to receive a final payment of installment of Base Salary for services rendered to UTSI PXX through date of death and reimbursement for any business expenses previously incurred by EMPLOYEE for which he would have been entitled to reimbursement hereunder.

Appears in 1 contract

Samples: Employment Agreement (Pam Transportation Services Inc)

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Payment to Estate. No person, firm or entity shall have any right to receive any payments owing to EMPLOYEE hereunder, except that EMPLOYEE’s estate shall be entitled to receive a final payment of installment of Base Salary for services rendered to UTSI through date of death and reimbursement for any business expenses previously incurred by EMPLOYEE for which he would have been entitled to reimbursement hereunder. Earned but unpaid bonuses/grants will be paid out as they become due in the normal course of business.

Appears in 1 contract

Samples: Employment Agreement (Universal Truckload Services, Inc.)

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