Common use of Rights Upon Death Clause in Contracts

Rights Upon Death. If Executive’s Employment ends due to death, Executive’s estate shall be entitled to receive an amount equal to his target bonus for the fiscal year in which his death occurred, prorated based on the number of days he was employed by the Company during that fiscal year. All amounts under this Section 5(d) shall be paid on the first regularly scheduled payroll date that occurs on or after 60 days after the Executive’s date of death.

Appears in 6 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

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Rights Upon Death. If Executive’s Employment ends due to death, Executive’s estate shall be entitled to receive an amount equal to his target bonus for the fiscal year in which his death occurred, prorated based on the number of days he was employed by the Company during that fiscal year. All amounts under this Section 5(d) shall be paid on the first regularly scheduled payroll date that occurs on or after 60 days after the Executive’s date of death.

Appears in 5 contracts

Samples: Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc), Employment Agreement (Synchronoss Technologies Inc)

Rights Upon Death. If Executive’s Employment ends due to death, Executive’s estate shall be entitled to receive an amount equal to his her target bonus for the fiscal year in which his her death occurred, prorated based on the number of days he she was employed by the Company during that fiscal year. All amounts under this Section 5(d) shall be paid on the first regularly scheduled payroll date that occurs on or after 60 days after the Executive’s date of death.

Appears in 1 contract

Samples: Employment  agreement (Synchronoss Technologies Inc)

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Rights Upon Death. If Executive’s Employment ends due to death, Executive’s estate shall be entitled to receive an amount equal to his her target bonus for the fiscal year in which his her death occurred, prorated based on the number of days he she was employed by the Company during that fiscal year. All amounts under this Section 5(d) shall be paid on the first regularly scheduled payroll date that occurs on or after 60 days after the Executive’s date of death.

Appears in 1 contract

Samples: Employment Agreement (Synchronoss Technologies Inc)

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