Common use of Payment Upon Termination Due to Death Clause in Contracts

Payment Upon Termination Due to Death. If your termination occurs as a result of your death, payment with respect to your vested Restricted Stock Units relating to your Potential RSU Award shall be made only to your beneficiary, executor or administrator of your estate or the person or persons to whom the rights to payment of such Restricted Stock Units shall pass by will or the laws of descent and distribution, as determined by OfficeMax in its sole and complete discretion.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Officemax Inc), Restricted Stock Unit Award Agreement (Officemax Inc), Restricted Stock Unit Award Agreement (Officemax Inc)

AutoNDA by SimpleDocs

Payment Upon Termination Due to Death. If your termination occurs as a result of your death, payment with respect to your vested Restricted Stock Units relating to your Potential RSU Award shall be made only to your beneficiary, executor or administrator of your estate or the person or persons to whom the rights to payment of such Restricted Stock Units shall pass by will or the laws of descent and distribution, as determined by OfficeMax in its sole and complete discretion.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Officemax Inc), Restricted Stock Unit Award Agreement (Officemax Inc), Restricted Stock Unit Award Agreement (Officemax Inc)

Payment Upon Termination Due to Death. If your termination occurs as a result of your death, payment with respect to your vested Restricted Stock Units Performance-Based RSUs relating to your Potential RSU Award shall be made only to your beneficiary, executor or administrator of your estate or the person or persons to whom the rights to payment of such Restricted Stock Units Performance-Based RSUs shall pass by will or the laws of descent and distribution, as determined by OfficeMax in its sole and complete discretion.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Award Agreement (Officemax Inc), Performance Based Rsu Award Agreement (Officemax Inc)

Payment Upon Termination Due to Death. If your termination occurs as a result of your death, payment with respect to your vested Restricted Stock Units Performance-Based RSUs relating to your Potential RSU Award shall be made only to your beneficiary, executor or administrator of your estate or the person or persons to whom the rights to payment of such Restricted Stock Units Performance-Based RSUs shall pass by will or the laws of descent and distribution, as determined by OfficeMax in its sole and complete discretion.

Appears in 1 contract

Samples: Performance Based Rsu Award Agreement (Officemax Inc)

AutoNDA by SimpleDocs

Payment Upon Termination Due to Death. If your termination occurs as a result of your death, payment with respect to your vested Restricted Stock Units relating to your Potential RSU Award shall be made only to your beneficiary, executor or administrator of your estate or the person or persons to whom the rights to payment of such Restricted Stock Units shall pass by will or the laws of descent and distribution, as determined by OfficeMax in its sole and complete discretion.or

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Officemax Inc)

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