Common use of Termination by Reason of Death Clause in Contracts

Termination by Reason of Death. The Executive’s employment hereunder will automatically terminate on the date of the Executive’s death. If the Executive’s employment is terminated by reason of death, the Company will pay the Executive only the unpaid portion of the Base Salary and benefits that have accrued through the Effective Date of Termination.

Appears in 9 contracts

Samples: Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.), Executive Employment Agreement (Vizio, Inc.)

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Termination by Reason of Death. The Executive’s employment hereunder will automatically terminate on In the date event of the Executive’s death. If , the Executive’s employment is shall be deemed to have terminated by reason on the date of Executive’s death, the Company will pay the Executive only the unpaid portion of the Base Salary and benefits that have accrued through the Effective Date of Termination.

Appears in 8 contracts

Samples: Executive Employment Agreement (Aquestive Therapeutics, Inc.), Executive Employment Agreement (Aquestive Therapeutics, Inc.), Executive Employment Agreement (MonoSol Rx, Inc.)

Termination by Reason of Death. The In the event of the Executive’s 's death, the Executive's employment hereunder will automatically terminate shall be deemed to have terminated on the date of the Executive’s 's death. If the Executive’s employment is terminated by reason of death, the Company will pay the Executive only the unpaid portion of the Base Salary and benefits that have accrued through the Effective Date of Termination.

Appears in 5 contracts

Samples: Executive Employment Agreement (Aquestive Therapeutics, Inc.), Executive Employment Agreement (Aquestive Therapeutics, Inc.), Executive Employment Agreement (Aquestive Therapeutics, Inc.)

Termination by Reason of Death. The In the event that Executive’s 's employment hereunder will automatically terminate on the date of the Executive’s death. If the Executive’s employment is terminated by reason of during the Initial Term (or Renewal Term, if applicable) due to Executive's death, then the Company will Corporation shall pay the to Executive only the unpaid portion Base Salary due and payable up to the time of Executive's Death. The treatment of the Base Salary Time Vested Options and benefits that have accrued through Milestone Options shall be in accordance with the Effective Date of Terminationrelevant Option Agreement.

Appears in 1 contract

Samples: Employment Agreement (Siga Technologies Inc)

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Termination by Reason of Death. The Executive’s employment hereunder will automatically terminate on In the date event of the Executive’s death. If , this Agreement and the Executive’s employment is shall be deemed to have terminated by reason on the date of Executive’s death, the Company will pay the Executive only the unpaid portion of the Base Salary and benefits that have accrued through the Effective Date of Termination.

Appears in 1 contract

Samples: Executive Employment Agreement (MonoSol Rx, Inc.)

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