Separation from Service Due to Death. Upon the death of an Association Member, accrued benefits will be paid to the designated beneficiary. These shall include payment of salary to the end of the bimonthly pay period.
Separation from Service Due to Death. Upon the death of an administrator, accrued benefits will be paid to the designated beneficiary. These shall include (unless he/she is covered in accordance with Article VI, paragraph 5b), payment for one-third of the unused and accumulated sick leave (in accordance with Article VI, paragraph 5a), accumulated and unused vacation days during the contract year, and salary to the end of the bimonthly pay period.
Separation from Service Due to Death. If the Participant Separates from Service with the Company/Subsidiary as a result of the Participant’s death, the Participant’s vested SARs may be exercised by the Participant’s estate, by a person who acquired the right to exercise the SARs by will or the laws of descent and distribution, or by the person designated to exercise the SARs upon the Participant’s death, but only within the time period ending on the earlier of (a) the date 12 months following the Participant’s Separation from Service or (b) the Expiration Date.
Separation from Service Due to Death. If the SAR Holder ceases to be a Service Provider due to the SAR Holder’s death, all Legacy SARs shall become fully vested. The Legacy SARs vested as of the date of the SAR Holder’s death may be exercised by the SAR Holder’s executor, administrator, Beneficiary, heir or legatee as the case may be, at any time before the earlier of (a) 5:00 p.m. Central Time on the date that is 12 months after the date on which the SAR Holder ceased to be a Service Provider due to death or (b) 5:00 p.m. Central Time on the Expiration Date.
