Common use of Termination for Death Clause in Contracts

Termination for Death. If the Employee’s employment is terminated by death pursuant to Section 4.2, the Company shall pay to the estate of the Employee the compensation (including the Base Salary (then in effect), Separation Payment and any bonuses) which would otherwise be payable to the Employee up to the end of the twelfth month following the month in which the death of the Employee occurs.

Appears in 2 contracts

Samples: Employment Agreement, Employment and Noncompetition Agreement (GlobalOptions Group, Inc.)

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Termination for Death. If the Employee’s employment is terminated by death pursuant to Section 4.2death, the Company shall pay to the estate of the Employee the compensation (including the Base Salary (then in effect), Separation Payment and any bonuses) which would otherwise be payable to the Employee up to the end of the twelfth month following the month in which the termination of his employment because of death of occurs, and the Employee occursFinal Payment.

Appears in 1 contract

Samples: Employment Agreement (First Marblehead Corp)

Termination for Death. If the Employee’s 's employment is terminated by death pursuant to Section 4.2, the Company shall pay to the estate of the Employee the compensation (including the Base Salary (then in effect)compensation, Separation Payment benefits and any bonuses) which expense reimbursements that would otherwise be payable to the Employee up to and including the end date of the twelfth month following the month in which the Employee's death of . The Key Man Policy proceeds shall be payable as the Employee occursinstructed pursuant to such policy.

Appears in 1 contract

Samples: Employment Agreement (Creative Solutions With Art, Inc.)

Termination for Death. If the Employee’s 's employment is terminated by death pursuant to Section 4.24.3, the Company shall pay to the estate of the Employee the compensation (including the Base Salary (then in effect), Separation Payment and any bonuses) benefits which would otherwise be payable to the Employee up to the end of the twelfth month following the month in which the termination of his employment because of death of the Employee occurs.

Appears in 1 contract

Samples: Employment Agreement (Voicestream Wireless Holding Corp)

Termination for Death. If the Employee’s 's employment is terminated by death pursuant to Section 4.2, the Company shall pay to the estate of the Employee the compensation (including the Base Salary (then in effect)compensation, Separation Payment benefits and any bonuses) which expense reimbursements that would otherwise be payable to the Employee up to and including the end date of the twelfth month following the month in which the death of Employee's death. The Key Man Policy proceeds shall be payable as the Employee occursinstructed pursuant to such policy.

Appears in 1 contract

Samples: Employment Agreement (Creative Solutions With Art, Inc.)

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Termination for Death. If the Employee’s employment is terminated by death pursuant to Section 4.2, the Company shall pay to the estate of the Employee the compensation (compensation, including the Base Salary (then in effect)bonuses, Separation Payment and any bonuses) which would otherwise be payable to the Employee up to the end of the twelfth second month following the month in which the termination of his employment because of death of the Employee occurs.

Appears in 1 contract

Samples: Employment Agreement (GlobalOptions Group, Inc.)

Termination for Death. If the Employee’s 's employment is terminated by death pursuant to Section 4.2, the Company shall pay to the estate of the Employee the compensation (compensation, including the Base Salary (then in effect)bonuses, Separation Payment and any bonuses) which would otherwise be payable to the Employee up to the end of the twelfth second month following the month in which the termination of his employment because of death of the Employee occurs.

Appears in 1 contract

Samples: Employment Agreement (GlobalOptions Group, Inc.)

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