Common use of Termination because of Death or Incapacity Clause in Contracts

Termination because of Death or Incapacity. If the Executive’s employment is terminated during the Term because of the Executive’s death or Incapacity, all obligations of Holdings hereunder (other than those which, pursuant to Section 12, survive termination of this Agreement and other than any obligations of Holdings related to any debt, equity or other securities (including options, warrants or securities convertible or exchangeable into debt or equity) of Holdings held by the Executive) immediately shall cease, except that the Company shall pay to the Executive or the Executive’s estate, as applicable:

Appears in 10 contracts

Samples: Employment Agreement (Trustwave Holdings, Inc.), Employment Agreement (Trustwave Holdings, Inc.), Employment Agreement (Trustwave Holdings, Inc.)

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