Common use of Termination Due to Death or Disability of Executive Clause in Contracts

Termination Due to Death or Disability of Executive. In the event the Executive’s employment is terminated by reason of Death or Disability pursuant to Section 8.1, the Executive’s beneficiary or a beneficiary designated by the Executive in writing to the Employer (in such form as may be prescribed or acceptable to the Employer), or in the absence of such beneficiary, the Executive’s estate, shall be entitled to receive the following:

Termination Due to Death or Disability of Executive. In the event that the Executive’s employment is terminated by reason of Death or Disability pursuant to Section 8.1, then the Executive’s beneficiary or a beneficiary designated by the Executive in writing to the Employer (in such form as may be prescribed or acceptable to the Employer)Company, or in the absence of such beneficiary, the Executive’s estate, shall be entitled to receive the following:Executive’s then current Base Salary through the date of termination, accrued and unused vacation, and any other payments required by applicable law or Company policy (“Final Compensation”) and shall not otherwise be entitled to any additional compensation.

Termination Due to Death or Disability of Executive. In the event the Executive’s employment is terminated by reason of Death or Disability pursuant to Section 8.1, the Executive’s beneficiary or a beneficiary designated by the Executive in writing to the Employer (in such form as may be prescribed or acceptable to the Employer)Company, or in the absence of such beneficiary, the Executive’s estate, shall be entitled to receive the following:Executive’s then current Base Salary through the date of termination, accrued and unused vacation, and any other payments required by applicable law or Company policy (“Final Compensation”) and shall not otherwise be entitled to any additional compensation.