Common use of Termination of Employment Due to Death Clause in Contracts

Termination of Employment Due to Death. The Officer's employment with the Association shall terminate automatically, and without any further action on the part of any party to this Agreement, on the date of the Officer's death. In such event, the Association shall pay and deliver to the Officer's estate and surviving dependents and designated beneficiaries, as applicable, the Standard Termination Entitlements.

Termination of Employment Due to Death. The Officer's ’s employment with the Association shall terminate automatically, and without any further action on the part of any party to this Agreement, on the date of the Officer's ’s death. In such event, the Association shall pay and deliver to the Officer's ’s estate and surviving dependents and designated beneficiaries, as applicable, the Standard Termination Entitlements.