Common use of Termination Due to Death Clause in Contracts

Termination Due to Death. If Executive’s employment and this Employment Agreement are terminated due to Executive’s death, the Company shall pay the estate of Executive the Accrued Obligations in a single, lump-sum payment within 45 days following such termination or, in the case of a Cash Incentive Plan payment, according to the terms of such plan.

Appears in 10 contracts

Samples: Executive Employment Agreement (Us Ecology, Inc.), Executive Employment Agreement (Us Ecology, Inc.), Executive Employment Agreement (Us Ecology, Inc.)

AutoNDA by SimpleDocs

Termination Due to Death. If In the event of the Executive’s termination of employment and this Employment Agreement are terminated due to Executive’s death, the Company Corporation shall pay only be required to provide the estate of Executive the Accrued Obligations in with a single, lump-sum payment within 45 days following such termination or, in the case of a Cash Incentive Plan payment, according equal to the terms of such planAccrued Benefits, payable within fourteen (14) days after the Termination Date.

Appears in 8 contracts

Samples: Employment Agreement (Intrawest Resorts Holdings, Inc.), Employment Agreement (Intrawest Resorts Holdings, Inc.), Employment Agreement (Intrawest Resorts Holdings, Inc.)

Termination Due to Death. If In the event of the termination of Executive’s 's employment and this Employment Agreement are terminated due to Executive’s 's death, the Company shall pay the Executive's estate of Executive the Accrued Obligations in Executive's Earned Salary, Vested Benefits and a single, lump-lump sum payment within 45 days following such termination or, equal to 12 months of Executive's Base Salary (at the rate in effect on the case date of a Cash Incentive Plan payment, according to the terms of such planhis death).

Appears in 6 contracts

Samples: Employment Agreement (RSL Communications LTD), Employment Agreement (RSL Communications LTD), Employment Agreement (RSL Communications LTD)

Termination Due to Death. If In the event of the Executive’s termination of employment and this Employment Agreement are terminated due to Executive’s death, the Company Corporation shall pay only be required to provide the estate of Executive the Accrued Obligations in with a single, lump-sum payment within 45 days following such termination or, in the case of a Cash Incentive Plan payment, according equal to the terms of such planAccrued Base Salary, payable within fourteen (14) days after the Termination Date.

Appears in 3 contracts

Samples: Employment Agreement (Intrawest Resorts Holdings, Inc.), Employment Agreement (Intrawest Resorts Holdings, Inc.), Employment Agreement (Intrawest Resorts Holdings, Inc.)

Termination Due to Death. If In the event of the termination of Executive’s 's employment and this Employment Agreement are terminated due to Executive’s 's death, the Company shall pay Executive's estate Executive's Earned Salary, Vested Benefits, and shall provide to Executive's surviving spouse and children Executive's Base Salary (at the estate rate in effect on the date of Executive his death) and the Accrued Obligations health insurance provided in Section 4(a)(i) for a single, lump-sum payment within 45 days following such termination or, in the case period of a Cash Incentive Plan payment, according to the terms of such plan12 months.

Appears in 2 contracts

Samples: Employment Agreement (Central European Media Enterprises LTD), Employment Agreement (Central European Media Enterprises LTD)

Termination Due to Death. If In the event of the termination of Executive’s 's employment and this Employment Agreement are terminated due to Executive’s 's death, the Company shall pay Executive's estate Executive's Earned Salary, Vested Benefits, and shall provide to Executive's surviving spouse and children Executive's Base Salary (at the estate rate in effect on the date of Executive his death) and the Accrued Obligations health insurance provided in Section 4(a)(i) for a single, lump-sum payment within 45 days following such termination or, in period of 12 months and the case of a Cash Incentive Plan payment, according to the terms of such planRelocation Payment.

Appears in 2 contracts

Samples: Employment Agreement (Central European Media Enterprises LTD), Employment Agreement (Central European Media Enterprises LTD)

AutoNDA by SimpleDocs

Termination Due to Death. If Executive’s employment and this Employment This Agreement are terminated due to shall terminate in the event of Executive’s death. In such event, the Company shall pay the estate of Executive the Accrued Obligations in a singlesingle lump sum Executive’s designated beneficiary or his estate, lump-sum whichever is applicable, fifty percent of the remaining payments that would otherwise have been payable to Executive for the term of this Agreement had Executive survived. Such payment shall be made within 45 60 days following such termination or, in after the case end of a Cash Incentive Plan payment, according to the terms year of such planExecutive’s death.

Appears in 1 contract

Samples: Executive Employment Agreement (Northwest Pipe Co)

Termination Due to Death. If In the event of the termination of Executive’s employment and this Employment Agreement are terminated due to Executive’s death, the Company shall pay Executive’s estate Executive’s Earned Salary, Vested Benefits, and shall provide to Executive’s surviving spouse and children Executive’s Base Salary (at the estate rate in effect on the date of Executive his death) and the Accrued Obligations health insurance provided in Section 4(a)(i) for a single, lump-sum payment within 45 days following such termination or, in the case period of a Cash Incentive Plan payment, according to the terms of such plan12 months.

Appears in 1 contract

Samples: Employment Agreement (Central European Media Enterprises LTD)

Termination Due to Death. If Executive’s employment and this Employment Agreement are terminated due to Executive’s death, the Company shall pay the estate of Executive the Accrued Obligations in a single, lump-sum payment within 45 days following such termination or, in the case of a Cash Incentive Plan payment, according to the terms of such plantermination.

Appears in 1 contract

Samples: Executive Employment Agreement (Us Ecology, Inc.)

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