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Common use of Successor to Executive Clause in Contracts

Successor to Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal representatives, executors, administrators, heirs, distributees, devisees and legatees. In the event of the Executive's death after a Terminating Event but prior to the completion by the Company of all payments due him under Section 4(a), (b) and (c) of this Agreement, the Company shall continue such payments to the Executive's beneficiary designated in writing to the Company prior to his death (or to his estate, if the Executive fails to make such designation).

Appears in 3 contracts

Samples: Severance Agreement (Medwave Inc), Executive Severance Agreement (Zoll Medical Corporation), Senior Executive Severance Agreement (Zoll Medical Corporation)

Successor to Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal representatives, executors, administrators, heirs, distributees, devisees and legatees. In the event of the Executive's ’s death after a Terminating Event but prior to the completion by the Company of all payments due him her under Section 4(a), (b2(a) and (cb) of this Agreement, the Company shall continue such payments to the Executive's ’s beneficiary designated in writing to the Company prior to his her death (or to his her estate, if the Executive fails to make such designation).

Appears in 1 contract

Samples: Severance Agreement (Plug Power Inc)

Successor to Executive. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal representatives, executors, administrators, heirs, distributees, devisees and legatees. In the event of the Executive's ’s death after a Terminating Event but prior to the completion by the Company of all payments due him under Section 4(a), (b2(a) and (cb) of this Agreement, the Company shall continue such payments to the Executive's ’s beneficiary designated in writing to the Company prior to his death (or to his estate, if the Executive fails to make such designation).

Appears in 1 contract

Samples: Severance Agreement (Plug Power Inc)