Common use of Termination Because of Death Clause in Contracts

Termination Because of Death. The Executive’s employment by the Companies under this agreement shall terminate upon his death. If the Executive’s employment under this agreement terminates because of his death, then the Executive’s estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary through the date of the Executive’s death; (ii) A pro rata portion of the Executive’s annual incentive bonus for the calendar year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar year), based upon the number of days in such calendar year elapsed through the date of the Executive’s death as a proportion of 365, to be paid at the same time that such incentive bonus would have been paid had the Executive’s death not occurred and the Executive had continued to be employed by the Companies; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s death; and (iv) Any other benefits payable by reason of the Executive’s death, or to which the Executive otherwise may be entitled, under any benefit plans or programs of the Companies in effect on the date of the Executive’s death.

Appears in 5 contracts

Samples: Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc)

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Termination Because of Death. The Executive’s employment by the Companies under this agreement shall terminate upon his death. If the Executive’s employment under this agreement terminates because of his death, then the Executive’s estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary through the date of the Executive’s death; (ii) A pro rata portion of the Executive’s annual incentive bonus for the calendar year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar year), based upon the number of days in such calendar year elapsed through the date of the Executive’s death as a proportion of 365, to be paid at the same time that such incentive bonus would have been paid had the Executive’s death not occurred and the Executive had continued to be employed by the Companiesoccurred; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s death; and (iv) Any other benefits payable by reason of the Executive’s death, or to which the Executive otherwise may be entitled, under any benefit plans or programs of the Companies in effect on the date of the Executive’s death.

Appears in 4 contracts

Samples: Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc)

Termination Because of Death. The Executive’s 's employment by the ---------------------------- Companies under this agreement shall terminate upon his death. If the Executive’s 's employment under this agreement terminates because of his death, then the Executive’s 's estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary through the date of the Executive’s 's death; (ii) A pro rata portion of the Executive’s 's annual incentive bonus for the calendar year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar year), based upon the number of days in such calendar year elapsed through the date of the Executive’s 's death as a proportion of 365, to be paid at the same time that such incentive bonus would have been paid had the Executive’s 's death not occurred and the Executive had continued to be employed by the Companiesoccurred; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s 's death; and (iv) Any other benefits payable by reason of the Executive’s 's death, or to which the Executive otherwise may be entitled, under any benefit plans or programs of the Companies in effect on the date of the Executive’s 's death.

Appears in 3 contracts

Samples: Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc), Employment Agreement (CSG Systems International Inc)

Termination Because of Death. The Executive’s 's employment by the Companies under this agreement shall terminate upon his death. If the Executive’s 's employment under this agreement terminates because of his death, then the Executive’s 's estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary (as then may be applicable) through the date of the Executive’s 's death; (ii) Continued payment of the Base Salary (as then may be applicable) for a period of ninety (90) days after the date of the Executive's death; (iii) A pro rata portion of the Executive’s 's annual incentive bonus for the calendar fiscal year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar fiscal year), based upon the number of days in such calendar fiscal year elapsed through the date of the Executive’s 's death as a proportion of 365the total number of days in such fiscal year, to be paid at the same time that such incentive bonus would have been paid had the Executive’s 's death not occurred and the Executive had continued to be employed by the Companiesoccurred; (iiiiv) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s 's death; and (ivv) Any other benefits payable by reason of the Executive’s death, or to which the Executive otherwise may be entitled, 's death under any benefit plans or programs of the Companies in effect on the date of the Executive’s 's death.

Appears in 2 contracts

Samples: Employment Agreement (Pamida Inc /De/), Employment Agreement (Pamida Holdings Corp/De/)

Termination Because of Death. The Executive’s 's employment by the Companies under this agreement shall terminate upon his death. If the Executive’s 's employment under this agreement terminates because of his death, then the Executive’s 's estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary (as then may be applicable) through the date of the Executive’s 's death; (ii) A pro rata portion of the Executive’s 's annual incentive bonus for the calendar fiscal year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar fiscal year), based upon the number of days in such calendar fiscal year elapsed through the date of the Executive’s 's death as a proportion of 365the total number of days in such fiscal year, to be paid at the same time that such incentive bonus would have been paid had the Executive’s 's death not occurred and the Executive had continued to be employed by the Companiesoccurred; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s 's death; and (iv) Any other benefits payable by reason of the Executive’s death, or to which the Executive otherwise may be entitled, 's death under any benefit plans or programs of the Companies in effect on the date of the Executive’s 's death.

Appears in 2 contracts

Samples: Employment Agreement (Pamida Inc /De/), Employment Agreement (Pamida Holdings Corp/De/)

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Termination Because of Death. The Executive’s employment by the Companies under this agreement shall terminate upon his death. If the Executive’s employment under this agreement terminates because of his death, then the Executive’s estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary through the date of the Executive’s death; (ii) A pro rata portion of the Executive’s annual incentive bonus for the calendar year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar year), based upon the number of days in such calendar year elapsed through the date of the Executive’s death as a proportion of 365, to be paid at the same time that such incentive bonus would have been paid had the Executive’s death not occurred occurred, and provided further that the Executive had continued to need not be employed by the Companiescompanies on the date any such annual incentive bonus is paid in order to earn the annual incentive bonus, if any; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s death; and (iv) Any other benefits payable by reason of the Executive’s death, or to which the Executive otherwise may be entitled, under any benefit plans or programs of the Companies in effect on the date of the Executive’s death.

Appears in 1 contract

Samples: Employment Agreement (CSG Systems International Inc)

Termination Because of Death. The Executive’s 's employment by the ---------------------------- Companies under this agreement shall terminate upon his death. If the Executive’s 's employment under this agreement terminates because of his death, then the Executive’s 's estate or his beneficiaries (as the case may be) shall be entitled to receive the following compensation and benefits from the Companies: (i) The Base Salary through the date of the Executive’s 's death; (ii) A Beginning with 2002, a pro rata portion of the Executive’s 's annual incentive bonus for the calendar year in which his death occurs (computed as if the Executive were employed by the Companies throughout such calendar year), based upon the number of days in such calendar year elapsed through the date of the Executive’s 's death as a proportion of 365, to be paid at the same time that such incentive bonus would have been paid had the Executive’s 's death not occurred and the Executive had continued to be employed by the Companiesoccurred; (iii) Any other amounts earned, accrued, or owed to the Executive under this agreement but not paid as of the date of the Executive’s 's death; and (iv) Any other benefits payable by reason of the Executive’s 's death, or to which the Executive otherwise may be entitled, under any benefit plans or programs of the Companies in effect on the date of the Executive’s 's death.

Appears in 1 contract

Samples: Employment Agreement (CSG Systems International Inc)

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