Payments to Beneficiaries. Any payments due under this Agreement as a result of Executive's death shall be made to Executive's surviving spouse. If Executive is not survived by a spouse, payment shall be made to the persons or entities named by Executive as his beneficiary for payment in a written document provided to the Corporation prior to his death. In the absence of a surviving spouse or any such named beneficiary, payment shall be made to Executive's estate.
Appears in 4 contracts
Samples: Employment Agreement (Clarcor Inc), Employment Agreement (Clarcor Inc), Employment Agreement (Clarcor Inc)
