Common use of Termination by Death Clause in Contracts

Termination by Death. In the event that Employee dies during the Term, Employee’s employment hereunder shall be terminated thereby and the Company shall pay to Employee’s executors, legal representatives or administrators an amount equal to all accrued and unpaid (as of the Termination Date) Salary,

Appears in 12 contracts

Samples: Executive Employment Agreement (Tetralogic Pharmaceuticals Corp), Executive Employment Agreement (Tetralogic Pharmaceuticals Corp), Executive Employment Agreement (Tetralogic Pharmaceuticals Corp)

AutoNDA by SimpleDocs

Termination by Death. In If the event that Employee employee dies during before his employment with Employer is otherwise terminated, payments and/or benefits to which he would then have been entitled to at the Termtime of his death, Employee’s employment hereunder shall be terminated thereby paid over to his beneficiary and if no beneficiary survives him, the Company entire amount due him shall pay be paid to Employee’s executors, legal representatives or administrators an amount equal to all accrued and unpaid (as of the Termination Date) Salary,his estate.

Appears in 6 contracts

Samples: Employment Agreement (Marina Capital Inc), Employment Agreement (Marina Capital Inc), Employment Agreement (Marina Capital Inc)

Termination by Death. In If the event that Employee dies during dies, the Term, Employee’s employment hereunder shall be terminated thereby deemed to cease as of the date of death, and the Company shall promptly pay to the Employee’s executors, legal representatives or administrators an amount equal to 's surviving spouse and/or children any and all compensation due together with any accrued and unpaid (as of the Termination Date) Salary,equity in Company.

Appears in 4 contracts

Samples: Employment Agreement (Dental Patient Care America Inc), Employment Agreement (Dental Patient Care America Inc), Employment Agreement (Dental Patient Care America Inc)

Termination by Death. In the event that Employee dies during the Term, Employee’s 's employment hereunder shall be terminated thereby and the Company Limited Partnership shall pay to Employee’s 's executors, legal representatives or administrators an amount equal to all accrued and but unpaid (as of the Termination Date) Salary,date of such termination)

Appears in 4 contracts

Samples: Employment Agreement (National Auto Finance Co Inc), Employment Agreement (National Auto Finance Co Inc), Employment Agreement (National Auto Finance Co Inc)

Termination by Death. In the event that Employee dies during his employment with the TermCompany hereunder, Employee’s employment hereunder shall be terminated thereby and the Company shall pay to Employee’s executors, legal representatives or administrators an amount equal to all the accrued and unpaid (as portion of his Base Salary through the end of the Termination Date) Salary,month in which he dies and any Annual Bonus otherwise payable with respect to a completed fiscal year but not previously paid to Employee prior to the date of his death. In addition:

Appears in 2 contracts

Samples: Employment Agreement (Destination Maternity Corp), Employment Agreement (Mothers Work Inc)

AutoNDA by SimpleDocs

Termination by Death. In the event that the Employee dies during the Term, the Employee’s 's employment hereunder shall be terminated thereby and the Company shall pay to the Employee’s 's executors, legal representatives or administrators an amount equal to all to: the accrued and unpaid (as portion of the Termination DateBase Salary, benefits and other compensation for the month in which he dies, as well as a payment in an amount equal to six (6) Salary,months of his Base Salary on the date of termination.

Appears in 1 contract

Samples: Employment Agreement (Bluestone Software Inc)

Termination by Death. In If the event that Employee dies shall die during the Employment Term, Employee’s employment this Agreement and all rights and obligations hereunder shall be terminated thereby and terminate immediately; except that the Company shall pay to the Employee’s executors, legal representatives or administrators 's estate an amount equal to all accrued and unpaid (as the Base Salary at the rate then in effect for a period of not less than one year after the date of the Termination Date) Salary,Employee's death and the Employee's estate shall be paid any amounts owing under Section 3 (b)(iv).

Appears in 1 contract

Samples: 23 Employment Agreement (Chatwins Group Inc)

Termination by Death. In The Employment Term shall automatically terminate on the event that Employee dies during date of the Term, Employee’s employment hereunder death. If the Employee is terminated by reason of death, the Employee shall be terminated thereby entitled to receive only the unpaid portion of his Base Salary then in effect accrued to the date of termination, and the Company shall not be obligated to pay any other amounts under this Agreement nor shall it be obligated to Employee’s executors, legal representatives or administrators an amount equal to all accrued and unpaid (as of provide the Termination Date) Salary,benefits set forth in

Appears in 1 contract

Samples: Employment Agreement (Homeland Security Network, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!