Common use of Payments after Death Clause in Contracts

Payments after Death. Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 4 contracts

Samples: Performance Based Restricted Stock Units Agreement (Tibco Software Inc), Restricted Stock Unit Agreement (Juniper Networks Inc), Performance Share Agreement (Juniper Networks Inc)

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Payments after Death. Any distribution or delivery to be made to the Employee under this Award Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Check Point Software Technologies LTD), Restricted Stock Unit Agreement (Check Point Software Technologies LTD)

Payments after Death. Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company with (a) written notice of his or her status as transferee, such and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Kla Tencor Corp), Restricted Stock Unit Agreement (Kla Tencor Corp)

Payments after Death. Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the Employee’s designated beneficiary, or if no beneficiary survives the Employee, administrator or executor of the Employee’s estate. Any such administrator or executor transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Performance Share Agreement (Pmi Group Inc)

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Payments after Death. Any distribution or delivery to be made to the Employee under this Agreement will, if the Employee is then deceased, be made to the administrator or executor of the Employee’s estate. Any such administrator or executor must furnish the Company Trustee with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company Trustee to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Business Objects S.A.)

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