Common use of Payments after Death Clause in Contracts

Payments after Death. Should Executive die after termination of his employment with Employer while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 10 contracts

Samples: Executive Employment Agreement (Ameris Bancorp), Executive Employment Agreement (Abc Bancorp), Executive Employment Agreement (Abc Bancorp)

AutoNDA by SimpleDocs

Payments after Death. Should Executive die after termination of his Executive's employment with Employer the Bank while any amounts are payable to him Executive hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors;, administrators, heirs, distributeesdistributes, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his Executive's estate.

Appears in 4 contracts

Samples: Executive Employment Agreement (Heritage Financial Group), Executive Employment Agreement (Heritage Financial Group), Executive Employment Agreement (Heritage Financial Group)

Payments after Death. Should the Executive die after the termination of his employment with Employer the Company while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 3 contracts

Samples: Employment Agreement (Simmons Co /Ga/), Employment Agreement (Simmons Co /Ga/), Employment Agreement (Simmons Co /Ga/)

Payments after Death. Should Executive die after termination of -------------------- his employment with Employer while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Abc Bancorp), Executive Employment Agreement (Abc Bancorp)

Payments after Death. Should Executive die after termination of his -------------------- employment with Employer the Bank while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 2 contracts

Samples: Merger Agreement (Abc Bancorp), Merger Agreement (Golden Isles Financial Holdings Inc)

Payments after Death. Should Executive die after termination of his Executive's employment with Employer the Bank and/or the Heritage-related Entities while any amounts are payable to him Executive hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors;, administrators, heirs, distributeesdistributes, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his Executive's estate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Heritage Financial Group), Executive Employment Agreement (Heritage Financial Group)

Payments after Death. Should the Executive die after the termination of his employment with Employer the Company while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 2 contracts

Samples: Employment Agreement (Simmons Co), Employment Agreement (Simmons Co)

Payments after Death. Should the Executive die after the termination of his her employment with Employer the Company while any amounts are payable to him her hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his her estate.

Appears in 1 contract

Samples: Employment Agreement (Simmons Co /Ga/)

Payments after Death. Should Executive die after termination of his her employment with Employer while any amounts are payable to him her hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to his her estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Abc Bancorp)

AutoNDA by SimpleDocs

Payments after Death. Should Executive die after termination of his employment with Employer while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s executors, administrators, heirs, distributees, devisees and legatees, legatees and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Abc Bancorp)

Payments after Death. Should Executive die after termination of his --------------------- employment with Employer the Bank while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Colony Bankcorp Inc)

Payments after Death. Should Executive die after termination of his her --------------------- employment with Employer the Bank while any amounts are payable to him her hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his her estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Colony Bankcorp Inc)

Payments after Death. Should Executive die after termination of his -------------------- employment with Employer while any amounts are payable to him hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s 's executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s 's devisee, legatee or other designee or, if there is no such designee, to his estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Abc Bancorp)

Payments after Death. Should Executive die after termination of his Executive’s employment with Employer while any amounts are payable to him Executive hereunder, this Agreement shall inure to the benefit of and be enforceable by Executive’s executors, administrators, heirs, distributees, devisees and legatees, and all amounts payable hereunder shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee or other designee or, if there is no such designee, to his Executive’s estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Ameris Bancorp)

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