Common use of Payments on Death Clause in Contracts

Payments on Death. Any payment due under this Agreement following the death of the Recipient shall be paid to the Successor of the Recipient.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Warren Resources Inc), Restricted Stock Unit Agreement (Capella Education Co), Restricted Stock Unit Agreement (Capella Education Co)

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Payments on Death. Any payment due under this Agreement following the death of the Recipient Participant shall be paid to the Successor of the RecipientParticipant.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Tennant Co), Restricted Stock Unit Agreement (Tennant Co)

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Payments on Death. Any payment due under this Agreement following the death of the Recipient shall be paid to the Successor of the Recipient.

Appears in 1 contract

Samples: Market Stock Unit Award Agreement (Capella Education Co)

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