Common use of Payment Upon Death of Employee Clause in Contracts

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's death or after Employee's death shall be payable as designated by Employee in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's estate.

Appears in 8 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

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Payment Upon Death of Employee. In the event of the death of Employee during the term hereofEmployee, any unpaid payments due either prior to Employee's ’s death or after Employee's ’s death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to EmployersEmployer. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designatedesignate prior to his death, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's ’s estate.

Appears in 8 contracts

Samples: Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's ’s death or after Employee's ’s death shall be payable as designated by Employee prior to his death in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designatedesignate prior to his death, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's ’s estate.

Appears in 8 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's death or after Employee's death shall be payable as designated by Employee in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to the Employee's estate.

Appears in 4 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's death or after Employee's death or after Employee's death shall be payable as designated by Employee in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's estate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

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Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's death or after Employee's death shall be payable as designated by Employee prior to his death in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designatedesignate prior to his death, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's estate.

Appears in 1 contract

Samples: Executive Employment Agreement (C&g Systems Inc)

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's ’s death or after Employee's ’s death shall be payable as designated by Employee prior to her death in writing to Employers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designatedesignate prior to her death, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's ’s estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of Employee during the term hereof, any unpaid payments due either prior to Employee's death or after Employee's death or after Employee's death shall be payable as designated by Employee in writing to Employers. In the event of the death of all such persons so designated by the Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee's estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

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