Common use of Termination Upon Death of Executive Clause in Contracts

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (i) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (ii) any amounts due him pursuant to the Employer’s pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s 's term of employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or of if there is none, to the Executive’s 's estate: (iA) that portion of Executive’s 's Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (iiB) any amounts due him pursuant to the Employer’s 's pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (i) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (ii) any amounts due him pursuant to the Employer’s pension planSERP, any supplemental deferred compensation planExecutive Retirement Supplemental Deferred Compensation Plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s 's term of employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer Bank shall be obligated to pay to the surviving spouse of Executive, or of if there is none, to the Executive’s 's estate: (iA) that portion of Executive’s Base Salary 's salary that would otherwise have been paid to him for the month in which his death occurred, and (iiB) any amounts due him pursuant to the Employer’s Bank's pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plansBank.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or of if there is none, to the Executive’s estate: (iA) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (iiB) any amounts due him pursuant to the Employer’s pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (iA) that portion of Executive’s Base Salary that would otherwise have been paid to him the Executive for the month in which his their death occurred, and (iiB) any amounts due him the Executive pursuant to the Employer’s pension planResidential Mortgage, any supplemental deferred compensation planLLC 401k Plan, and any other death, insurance, or employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (iA) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (iiB) any amounts due him pursuant to the Employer’s pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (i) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (ii) any amounts due him pursuant to the Employer’s pension plan, Northrim Bank Savings Incentive Plan (401-K) and any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s 's employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or of if there is none, to the Executive’s 's estate: (iA) that portion of Executive’s 's Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (iiB) any amounts due him pursuant to the Employer’s 's pension plan, any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.

Termination Upon Death of Executive. Executive’s employment under this Agreement shall be terminated upon the death of Executive. In such case, the Employer shall be obligated to pay to the surviving spouse of Executive, or if there is none, to the Executive’s estate: (i) that portion of Executive’s Base Salary that would otherwise have been paid to him for the month in which his death occurred, and (ii) any amounts due him pursuant to the Employer’s pension plan, Northrim Bank Savings Incentive Plan (401k Plan) and any supplemental deferred compensation plan, and any other death, insurance, employee benefit plan or stock benefit plan provided to Executive by the Employer, according to the terms of the respective plans.