Common use of Termination of Employment by Death Clause in Contracts

Termination of Employment by Death. 8.1 In the event of the death of the Executive during the course of his employment hereunder, the Executive’s estate (or other person or entity having such entitlement pursuant to the terms of the applicable plan or program) shall be entitled to receive the Accrued Benefits, and the Executive’s rights in respect of the Equity Incentives shall be as set forth in the Equity Incentive Agreements.

Appears in 3 contracts

Samples: Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Magellan Petroleum Corp /De/)

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Termination of Employment by Death. 8.1 In the event of the death of the Executive during the course of his employment hereunder, the Executive’s estate (or other person or entity having such entitlement pursuant to the terms of the applicable plan or program) shall be entitled to receive the Accrued Benefits, and the Executive’s rights in respect of the Equity Incentives shall be as set forth in the Equity Incentive Agreements.following benefits:

Appears in 2 contracts

Samples: Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Magellan Petroleum Corp /De/)

Termination of Employment by Death. 8.1 In the event of the death of the Executive during the course of his employment hereunder, the Executive’s estate (or other person or entity having such entitlement pursuant to the terms of the applicable plan or program) shall be entitled to receive the Accrued Benefits, and the Executive’s rights in respect of the Equity Incentives shall be as set forth in the Equity Incentive Agreements.following benefits: (i) The Salary Benefit; (ii)

Appears in 1 contract

Samples: Employment Agreement (Magellan Petroleum Corp /De/)

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Termination of Employment by Death. 8.1 In the event of the death of the Executive during the course of his employment hereunder, the Executive’s 's estate (or other person or entity having such entitlement pursuant to the terms of the applicable plan or program) shall be entitled to receive the Accrued Benefits, benefits and the Executive’s rights in respect of the Equity Incentives shall be as set forth in the Equity Incentive Agreementspayments enumerated under Section 8.

Appears in 1 contract

Samples: Employment Agreement (Yellow Corp)

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