Survivor Rights Sample Clauses

Survivor Rights. Upon death of the retiree, the surviving spouse and eligible dependent(s) shall have the option of buying into the District Medical benefits program consistent with the coverage offered to active employees at the time of the retiree’s retirement by the timely payments of premiums as stipulated by the District for the lifetime of the spouse or until such time as s/he is no longer eligible as defined in language above. This option shall also be applicable to dependent children.
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Survivor Rights. 1. Upon the death of the employee, the surviving spouse and all dependent children and posthumous children (until all such children would no longer be eligible to receive paid medical benefits had the employee survived) shall receive paid medical benefits consistent with the coverage provided to active employees at the time of the employee's death. Said spouse shall then have the option of buying into the District medical benefits program by the timely payment of premiums as stipulated by the District for the lifetime of the spouse or as long as s/he is eligible under the guidelines identified above.
Survivor Rights. In the event of Executive’s death after execution of this Agreement, this Agreement shall operate in favor of his estate (“Estate”); provided, however, in the event of Executive’s death, the Employer may accelerate all remaining sums owed to Executive pursuant to this Agreement and pay such amount, discounted to present value, in a lump sum to Executive’s Estate.
Survivor Rights. In the event of the death of the retiree prior to the spouse or 37 dependent reaching the age of Medicare eligibility (currently, age 65), the spouse 38 or dependent may buy the plan consistent with the coverage offered to active 39 employees at the time of retirement, under the terms described herein, until 40 s/he reaches the age of Medicare eligibility (currently, age 65). 41
Survivor Rights. Upon the death of the retiree, the surviving spouse and eligible 7 consistent with the coverage offered to active employees at the time of the retiree’s 8 retirement by the timely payments of premiums as stipulated by the District for the 9 lifetime of the spouse or until such time as s/he is no longer eligible as defined in 10 language above.
Survivor Rights. Upon Hxxxxxxxxxxxx’x death, this Agreement shall operate in favor of his estate (“Estate”); provided, however, in the event of Hxxxxxxxxxxxx’x death, Group 1 shall have the option to accelerate all remaining sums owed to Hxxxxxxxxxxxx pursuant to this Agreement and pay such amount, discounted to present value, in a lump sum to Hxxxxxxxxxxxx’x Estate.
Survivor Rights. In the event of Executive’s death, this Agreement shall operate in favor of his estate (“Estate”).
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Survivor Rights. Upon the death of the retiree, the surviving spouse and 45 eligible dependent(s) shall have the option of buying into the District Medical 1 benefits program consistent with the coverage offered to active employees at 2 the time of the retiree’s retirement by the timely payments of premiums as 3 stipulated by the District for the lifetime of the spouse or until such time as 4 s/he is no longer eligible as defined in language above.

Related to Survivor Rights

  • No Rights as Shareholder Until Exercise This Warrant does not entitle the Holder to any voting rights or other rights as a shareholder of the Company prior to the exercise hereof. Upon the surrender of this Warrant and the payment of the aggregate Exercise Price (or by means of a cashless exercise), the Warrant Shares so purchased shall be and be deemed to be issued to such Holder as the record owner of such shares as of the close of business on the later of the date of such surrender or payment.

  • Survivorship The respective rights and obligations of the parties hereunder shall survive any termination of this Agreement to the extent necessary to the intended preservation of such rights and obligations.

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