Payments Upon Death. If at any time while he is employed hereunder the Executive shall die, in addition to all other benefits to which he or his personal representatives may be entitled, the Company shall pay to his designated beneficiary or, if no such beneficiary exists, to his estate, for a period of three (3) months following the Executive's death, such amounts of base annual salary as the Executive would have been entitled to receive during said period (and at the times he would have been entitled to receive them) had he remained alive.
Appears in 4 contracts
Samples: Employment Agreement (First Ipswich Bancorp /Ma), Employment Agreement (First Ipswich Bancorp /Ma), Employment Agreement (First Ipswich Bancorp /Ma)
