Common use of Termination Due to Death Clause in Contracts

Termination Due to Death. In the event of Executive’s death during the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination Date.

Appears in 13 contracts

Samples: Executive Employment Agreement (Mastech Digital, Inc.), Executive Employment Agreement (Mastech Digital, Inc.), Executive Employment Agreement (Mastech Digital, Inc.)

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Termination Due to Death. In the event Executive’s employment terminates during the Term as a result of Executive’s death, Executive’s beneficiary or beneficiaries shall receive any base salary and benefits accrued but unpaid as of his death, plus any amounts payable on account of Executive’s death during pursuant to any other plan or program of the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination DateCompany.

Appears in 11 contracts

Samples: Employment Agreement (Schlumberger Limited/Nv), Employment Agreement (Schlumberger Limited/Nv), Employment Agreement (Schlumberger Limited/Nv)

Termination Due to Death. In the event of the Executive’s death during 's employment is terminated due to his death, his estate or his beneficiaries, as the Term of Employmentcase may be, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to: (i) Base Salary through the date of death; (ii) the right to exercise any Stock Option which was exercisable at the date of the Executive's death for a period of one (1) year following the Executive's death; (iii) any amounts earned, accrued or owing to the Accrued Obligations earned through Executive but not yet paid; and (iv) other benefits in accordance with applicable plans and programs of the Termination DateCompany.

Appears in 2 contracts

Samples: Employment Agreement (Viking Systems Inc), Employment Agreement (Playboy Com Inc)

Termination Due to Death. In the event of the Executive’s 's death during the Term of Employmentthis Agreement, the Executive’s 's employment hereunder shall be terminated immediately and Executive’s estate automatically terminate, and the Company shall be entitled have no further obligation or duty to the Accrued Obligations Executive or his estate or beneficiaries other than for all earned but unpaid compensation through the Termination Datedate of termination, as delineated in Section 7 (i) - (v) only, and other than as required by applicable law.

Appears in 1 contract

Samples: Employment Agreement (Trey Industries Inc)

Termination Due to Death. In the event Executive’s employment terminates during the Term as a result of Executive’s death during the Term of Employmentdeath, Executive’s employment hereunder beneficiary or beneficiaries shall be terminated and receive any benefits accrued but unpaid as of her death, plus any amounts payable on account of Executive’s estate shall be entitled death, pursuant to any other plan or program of the Accrued Obligations earned through the Termination DateCompany.

Appears in 1 contract

Samples: Employment Agreement (Schlumberger Limited/Nv)

Termination Due to Death. In the event Executive’s employment terminates during the Terms as a result of Executive’s death, Executive’s beneficiary or beneficiaries shall receive any base salary and benefits accrued but unpaid as of his death, plus any amounts payable on account of Executive’s death during pursuant to any other plan or program of the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination DateCompany.

Appears in 1 contract

Samples: Employment Agreement (Schlumberger LTD /Nv/)

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Termination Due to Death. In If the event of Executive’s death during the Term of Employment, Executive’s employment hereunder shall be terminated and terminate by reason of death, the Company shall pay the Executive’s estate the Accrued Obligations. Such payments shall be in addition to those rights and benefits to which the Executive’s estate may be entitled to under the Accrued Obligations earned through the Termination Daterelevant Company plans or programs.

Appears in 1 contract

Samples: Employment Agreement (Wright Medical Group Inc)

Termination Due to Death. In the event of Executive’s death that during the Employment Term of Employment, the Executive’s employment hereunder shall be is terminated and by the Company due to the Executive’s estate death, the Company shall be entitled pay to the Executive, or the Executive’s estate, the Accrued Obligations earned through the Termination DateObligations.

Appears in 1 contract

Samples: Employment Agreement (Sunterra Corp)

Termination Due to Death. In the event Executive’s employment terminates during the Term as a result of Executive’s death, Executive’s beneficiary or beneficiaries shall receive any base salary and benefits accrued but unpaid as of her death, plus any amounts payable on account of Executive’s death during pursuant to any other plan or program of the Term of Employment, Executive’s employment hereunder shall be terminated and Executive’s estate shall be entitled to the Accrued Obligations earned through the Termination DateCompany.

Appears in 1 contract

Samples: Employment Agreement (Schlumberger LTD /Nv/)

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