Common use of Termination in Case of Death Clause in Contracts

Termination in Case of Death. In case of Employee's death, any and all unvested stock or options granted to Employee under Section 2.2 of this Agreement shall vest in favor of Employee's estate as provided for in this Section(s) 6.51, 6.5.2, 6.5.3, and 6.5.4 herein. Company shall also continue any health benefits for family for one year. 6.5.1 If the Employee's death occurs within 12 months of the date of this agreement, One Hundred Thousand (100,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Four Hundred Thousand (400,000) shall be returned to the Company; 6.5.2 If the Employee's death occurs within 24 months of the date of this agreement, Two Hundred Thousand (200,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Three Hundred Thousand (300,000) shall be returned to the Company; 6.5.3 If the Employee's death occurs within 36 months of the date of this agreement, hree Hundred Thousand (300,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Two Hundred Thousand (200,000) shall be returned to the Company; 6.5.4 If the Employee's death occurs within 48 months of the date of this agreement, Four Hundred Thousand (400,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and One Hundred Thousand (100,000) shall be returned to the Company; 6.5.5 Any unvested additional shares granted for past performance under Sections 2.3 and 3.3 shall immediately vest in favor of Employee’s estate.

Termination in Case of Death. In case of Employee's death, any and all unvested stock or options granted to Employee under Section 2.2 of this Agreement shall vest in favor of Employee's estate as provided for in this Section(s) 6.51, 6.5.2, 6.5.3, and 6.5.4 herein. Company shall also continue any health benefits for family for one year. 6.5.1 If the Employee's death occurs within 12 months of the date of this agreement, One Hundred Thousand Six Million (100,0006,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Twenty-Four Hundred Thousand Million (400,00024,000,000) shall be returned to the Company; 6.5.2 If the Employee's death occurs within 24 months of the date of this agreement, Two Hundred Thousand Twelve Million (200,00012,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Three Hundred Thousand Eighteen Million (300,00018,000,000) shall be returned to the Company; 6.5.3 If the Employee's death occurs within 36 months of the date of this agreement, hree Hundred Thousand Eighteen Million (300,00018,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Two Hundred Thousand Twelve Million (200,00012,000,000) shall be returned to the Company; 6.5.4 If the Employee's death occurs within 48 months of the date of this agreement, Four Hundred Thousand Twenty-four Million (400,00024,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and One Hundred Thousand Six Million (100,0006,000,000) shall be returned to the Company; 6.5.5 Any unvested additional shares granted for past performance under Sections 2.3 and 3.3 shall immediately vest in favor of Employee’s estate.

Termination in Case of Death. In case of Employee's death, any and all unvested stock or options granted to Employee under Section 2.2 of this Agreement shall vest in favor of Employee's estate as provided for in this Section(s) 6.51, 6.5.2, 6.5.3, and 6.5.4 herein. Company shall also continue any health benefits for family for one year. 6.5.1 If the Employee's death occurs within 12 months of the date of this agreement, One Hundred Thousand Two Million (100,0002,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Four Hundred Thousand Eight Million (400,0008,000,000) shall be returned to the Company; 6.5.2 If the Employee's death occurs within 24 months of the date of this agreement, Two Hundred Thousand Four Million (200,0004,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Three Hundred Thousand Six Million (300,0006,000,000) shall be returned to the Company; 6.5.3 If the Employee's death occurs within 36 months of the date of this agreement, hree Hundred Thousand Six Million (300,0006,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and Two Hundred Thousand Four Million (200,0004,000,000) shall be returned to the Company; 6.5.4 If the Employee's death occurs within 48 months of the date of this agreement, Four Hundred Thousand Eight Million (400,0008,000,000) shares granted under Section 2.2 shall immediately vest in favor of Employee's estate and One Hundred Thousand Two Million (100,0002,000,000) shall be returned to the Company; 6.5.5 Any unvested additional shares granted for past performance under Sections 2.3 and 3.3 shall immediately vest in favor of Employee’s estate.