Common use of Termination Because of Death Clause in Contracts

Termination Because of Death. If Executive’s employment terminates because of Executive’s death, within 30 days of termination Executive’s legal representatives will receive, in addition to the payments specified in Section 5(a), a lump-sum cash payment equal to Executive’s unpaid Base Salary from the date of termination through the last day of the month in which Executive’s death occurred and any employee benefits Executive may be entitled to pursuant to the Company’s employee benefit plans through such period.

Appears in 7 contracts

Samples: Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.)

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Termination Because of Death. If Executive’s employment terminates because of Executive’s death, within 30 days of termination Executive’s legal representatives will receive, in addition to the payments specified in Section 5(a)5.1, a lump-sum cash payment equal to Executive’s unpaid Base Salary from the date of termination through the last day of the month in which Executive’s death occurred and any employee benefits Executive may be entitled to pursuant to the Company’s employee benefit plans through such period.

Appears in 3 contracts

Samples: Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.), Employment Agreement (Universal Insurance Holdings, Inc.)

Termination Because of Death. If Executive’s employment terminates because of Executive’s death, within 30 days of termination Executive’s legal representatives will receive, in addition to the payments specified in Section 5(a), a lump-sum cash payment equal to Executive’s unpaid Base Salary from the date of termination through the last day of the month in which Executive’s death occurred and any employee benefits Executive may be entitled to pursuant to the Company’s employee benefit plans through such period.. (d)

Appears in 1 contract

Samples: Employment Agreement (Universal Insurance Holdings, Inc.)

Termination Because of Death. If Executive’s employment terminates because of Executive’s death, within 30 days of termination Executive’s legal representatives will receive, in addition to the payments specified in Section 5(a), a lump-sum cash payment equal to Executive’s unpaid Base Salary from the date of termination through the last day of the month in which Executive’s death occurred and any employee benefits Executive may be entitled to pursuant to the Company’s employee benefit plans through such period.. Xxxxxxx X. Xxxxxxx Employment Agreement

Appears in 1 contract

Samples: Employment Agreement (Universal Insurance Holdings, Inc.)

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Termination Because of Death. If Executive’s employment terminates because of Executive’s death, within 30 days of termination Executive’s legal representatives will receive, in addition to the payments specified in Section 5(a), a lump-sum cash payment equal to Executive’s unpaid Base Salary from the date of termination through the Xxxxxxx X. Xxxxxxx Employment Agreement last day of the month in which Executive’s death occurred and any employee benefits Executive may be entitled to pursuant to the Company’s employee benefit plans through such period.

Appears in 1 contract

Samples: Employment Agreement (Universal Insurance Holdings, Inc.)

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