Common use of Termination on Account of Death Clause in Contracts

Termination on Account of Death. In the event of Executive's death while in the employ of the Company, his employment hereunder shall terminate on the date of his death and Executive shall be paid his unpaid Base Salary through the date of termination and the amount of any unpaid Bonus to which Executive had become entitled under the Bonus Plan prior to the effective date of such termination. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 13 contracts

Samples: Employment Agreement (Personnel Group of America Inc), Employment Agreement (Personnel Group of America Inc), Employment Agreement (Personnel Group of America Inc)

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Termination on Account of Death. In the event of Executive's ’s death while in the employ of the Company, his employment hereunder shall terminate on the date of his death and Executive shall be paid his unpaid Base Salary through the date of termination of employment, any pro-rated Bonus Compensation, if any, for the then current fiscal year when it is paid to other active employees, and the amount of any unpaid Bonus Compensation for the prior year, if any, when it is paid to which Executive had become entitled other active employees. No additional payments under Section 5(a) shall be paid by the Bonus Plan prior to the effective date of such terminationCompany. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's ’s insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 2 contracts

Samples: Employment Agreement (Suntron Corp), Employment Agreement (Suntron Corp)

Termination on Account of Death. In If the event of Executive's death while employment shall be terminated by reason of his death, the Company shall pay to such person as the Executive shall have designated in the employ of a notice filed with the Company, or if no such person shall have been designated, to his employment hereunder shall terminate on estate, an amount equal to his unpaid but accrued and fully earned salary to the date of his death and Executive shall be paid his unpaid Base Salary through the date of termination and the amount of any unpaid Bonus to which Executive had become entitled under the Bonus Plan prior to the effective date of such termination. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programsdeath.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ce Software Holdings Inc), Executive Employment Agreement (Ce Software Inc)

Termination on Account of Death. In the event of Executive's death while in the employ of the Company, his employment hereunder shall terminate on the date of his death and Executive shall be paid his unpaid Base Salary through the date of termination and the amount of any unpaid Bonus to which Executive had become entitled under the Bonus Plan prior to the effective date of such termination. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 2 contracts

Samples: Employment Agreement (Pet Quarters Inc), Employment Agreement (Pet Quarters Inc)

Termination on Account of Death. In the event of Executive's death while in the employ of the Company, his employment hereunder shall terminate on the date of his death and Executive shall be paid (x) his unpaid Base Salary through the date of termination and the amount of (y) any unpaid Bonus to which Executive had become entitled under Compensation for the Bonus Plan prior to the effective date of such terminationyear. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 2 contracts

Samples: Employment Agreement (Suntek Corp), Employment Agreement (Eftc Corp/)

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Termination on Account of Death. In the event of Executive's death while in the employ of the Company, his her employment hereunder shall terminate on the date of his her death and Executive shall be paid his her unpaid Base Salary and accrued Minimum Bonus through the date of termination and the amount of any unpaid Bonus to which Executive had become entitled under the Bonus Plan prior to the effective date of such termination. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 1 contract

Samples: Employment Agreement (Pet Quarters Inc)

Termination on Account of Death. In the event of Executive's death while in the employ of the Company, his employment hereunder shall terminate on the date of his death and Executive shall be paid his unpaid Base Salary through the date contractual Term of termination and the amount of any unpaid Bonus to which Executive had become entitled under the Bonus Plan prior to the effective date of such terminationEmployment. In addition, any other benefits payable on behalf of Executive shall be determined under the Company's insurance and other compensation and benefit plans and programs then in effect in accordance with the terms of such programs.

Appears in 1 contract

Samples: Employment Agreement (Integrated Device Technology Inc)

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