Common use of Separation Due to Death Clause in Contracts

Separation Due to Death. If the Employment Period is ----------------------- terminated due to death of the Executive, then all options to acquire shares issued to the Executive as of the date hereof shall vest immediately and the Executive's heirs, executors, administrators, conservators or personal representatives (in such capacity) of Executive (the "Executive's Estate") shall be entitled to receive (1) the Annual Base Salary through the next full calendar month following the month in which the Executive died, (2) medical insurance and disability insurance benefits, if any, and (3) a pro rata bonus payment through the date of death if more than six months of the current fiscal year have passed. Subject to the requirement of applicable law, in the event of a separation due to death, the Executive's Estate shall have a period of six (6) months in which to exercise options acquired hereunder.

Separation Due to Death. If the Employment ----------------------- Period is ----------------------- terminated due to death of the Executive, then all options to acquire shares issued to the Executive as of the date hereof shall vest immediately and the Executive's heirs, executors, administrators, conservators or personal representatives (in such capacity) of Executive (the "Executive's Estate") shall be entitled to receive (1) the Annual Base Salary through the next full calendar month following the month in which the Executive died, (2) medical insurance and disability insurance benefits, if any, and (3) a pro rata bonus payment through the date of death if more than six months of the current fiscal year have passed. Subject to the requirement of applicable law, in the event of a separation due to death, the Executive's Estate shall have a period of six (6) months in which to exercise options acquired hereunder.

Separation Due to Death. If the Employment Period ----------------------- is ----------------------- terminated due to death of the Executive, then all options to acquire shares issued to the Executive as of the date hereof shall vest immediately and the Executive's heirs, executors, administrators, conservators or personal representatives (in such capacity) of Executive (the "Executive's Estate") shall be entitled to receive (1) the Annual Base Salary through the next full calendar month following the month in which the Executive died, (2) medical insurance and disability insurance benefits, if any, and (3) a pro rata bonus payment through the date of death if more than six months of the current fiscal year have passed. Subject to the requirement of applicable law, in the event of a separation due to death, the Executive's Estate shall have a period of six (6) months in which to exercise options acquired hereunder.