Common use of Payments after Death Clause in Contracts

Payments after Death. In accordance with the provisions of Section 10 of the French Plan, 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 legal heirs upon their request within a six (6) month period measured from the date of the Employee’s death. Any such transferee must furnish the Company with (a) written notice of his or her status as legal heir 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. If the Employee’s heirs do not request distribution or delivery of Shares underlying the RSUs within six (6) months of the Employee’s death, as provided herein, the RSUs shall automatically expire.