Termination of Employment upon Death. Upon the death of Executive during the Term of Employment hereunder (and simultaneous Termination of Employment of Executive upon Death), the Executive’s estate or beneficiaries, as applicable, shall not be entitled to any further compensation for any period subsequent to the date of death, except for payments, if any, payable in accordance with the then current plans and policies of Arrow or the Bank, including death benefits.
Termination of Employment upon Death. If Executive’s employment is terminated by reason of death, his estate shall be entitled to receive only the Base Salary to which Executive was entitled through the date of death, any accrued unpaid bonus compensation for the prior plan year, any unpaid Target Bonus compensation (calculated on a pro rata basis) due to Executive with respect to the plan year in which the Termination Date occurs, and such other benefits as may be available to Executive or his estate through ITG’s benefit plans and policies. The payment of said bonus compensation shall be made in a lump sum within sixty (60) days from the Termination Date.
Termination of Employment upon Death. If Executive's employment is terminated by reason of death, his estate shall be entitled to receive only the Base Salary to which Executive was entitled through the date of death, any accrued unpaid bonus compensation (calculated on a pro rata basis) due to Executive with respect to the calendar year prior to and the calendar year in which the Termination Date occurs, and such other benefits as may be available to Executive or his estate through ISG's benefit plans and policies.
Termination of Employment upon Death. Upon Executive’s death, the Executive’s estate or beneficiaries, as applicable, shall not be entitled to any further compensation for any period subsequent to the date of such Termination of Employment, except for payments, if any, payable in accordance with the then current plans and policies of Arrow or the Bank, including death benefits; provided, however, that any such Termination of Employment for death occurring after the Executive shall have elected to become a Retired Early Employee under Paragraph 6 of this Agreement will not affect the right of the Executive to receive all of the payments provided for therein in accordance with Paragraph 6(c).
Termination of Employment upon Death. Upon the death of Executive during the Term of Employment hereunder (and simultaneous Termination of Employment of Executive
Termination of Employment upon Death. If Executive's employment is terminated by reason of death, his estate shall be entitled to receive only the Base Salary to which Executive was entitled through the date of death, any accrued unpaid bonus compensation due to Executive with respect to the calendar year prior to his death, bonus compensation for the calendar year in which Executive's death occurs (calculated on a pro rata basis), and such other benefits as may be available to Executive or his estate through ICG's benefit plans and policies. The payment of said bonus compensation shall be made in a lump sum within sixty (60) days from the Termination Date and the current year's bonus amount by March 15 of such subsequent year.
Termination of Employment upon Death. Notwithstanding paragraph (3) hereof and subject to Section 2.7 of the Plan, in the event Grantee’s employment with the Company is terminated due to the death of Grantee, all unvested portions of the Option shall automatically vest and shall be exercisable until the earlier of (a) the remaining term of the Option under paragraph (3), and (b) one year following the date of death.
Termination of Employment upon Death. In the event of the Associate’s death, the Associate’s employment shall terminate and the Employer shall have no further obligations or responsibilities hereunder (except for payments earned but not yet paid to the Associate through the date of death).
Termination of Employment upon Death. Notwithstanding paragraph (3) hereof, in the event Grantee’s employment with the Company is terminated due to the death of Grantee, the Option granted pursuant to this Agreement shall be deemed to be one hundred percent (100%) vested on the date of death and may be exercised by Grantee’s estate, or by a person who acquires the right to exercise such Option by bequest or inheritance or by reason of the death of Grantee, provided that such option exercise occurs within the earlier of (i) the remaining term of the Option under paragraph (12), and (ii) one (1) year after Grantee’s death.
Termination of Employment upon Death. Notwithstanding paragraph (3) hereof and subject to Section 2.7 of the Plan, in the event Optionee’s employment with the Company is terminated due to the death of Optionee, all unvested portions of the Option shall automatically vest and shall be exercisable until the earlier of (a) the remaining term of the Option under paragraph (10), and (b) one year following the date of death.
