Common use of Termination upon Death Clause in Contracts

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 22 contracts

Sources: Employment Agreement (Znergy, Inc.), Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (BMB Munai Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 16 contracts

Sources: Merger Agreement (Shaw Industries Inc), Employment Agreement (Integrated Communication Networks Inc), Employment Agreement (Showpower Inc)

Termination upon Death. If this Agreement the Executive's employment is terminated because by reason of the Executive's deathdeath during the Term, the Executive will be entitled this Agreement shall terminate without further obligations to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationlegal representatives under this Agreement, if anyother than for (i) payment of Accrued Obligations (which shall be paid to the Executive's estate or beneficiary, for the Fiscal Year during which his death occursas applicable, prorated through the end in a lump sum in cash within 30 days of the calendar month during Date of Termination) and (ii) the timely payment or provision of any and all Other Benefits, which his death occursunder their terms are available in the event of death.

Appears in 12 contracts

Sources: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

Termination upon Death. If This Agreement will terminate if Executive dies during the term of this Agreement, effective on the date of his death. Any payments that are owing to Executive under this Agreement is terminated because or otherwise at the time of the Executive's death, the Executive his death will be entitled made to receive whomever Executive may designate in writing as his Salary through beneficiary, or absent such a designation, to the end executor or administrator of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursestate.

Appears in 11 contracts

Sources: Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationCompensation (including the number of shares included in the option provided for herein), if any, for the Fiscal Year year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 10 contracts

Sources: Employment Agreement (Vertical Health Solutions Inc), Employment Agreement (Go2pharmacy Com Inc), Employment Agreement (Nutriceuticals Com Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursplus a Severance Benefit.

Appears in 9 contracts

Sources: Employment Agreement (Lion Inc/Wa), Employment Agreement (Lion Inc/Wa), Employment Agreement (Lion Inc/Wa)

Termination upon Death. If Executive dies during the term of this Agreement, this Agreement is terminated because shall terminate as of the date of Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 9 contracts

Sources: Executive Employment Agreement (Insight Health Services Holdings Corp), Executive Employment Agreement (Insight Health Services Holdings Corp), Executive Employment Agreement (Insight Health Services Holdings Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 8 contracts

Sources: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 8 contracts

Sources: Employment Agreement (Znergy, Inc.), Employment Agreement (Znergy, Inc.), Merger Agreement (Primal Solutions Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Company shall pay Executive’s estate or designated beneficiary the Executive’s Salary and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 7 contracts

Sources: Employment Agreement (Monaker Group, Inc.), Employment Agreement (Monaker Group, Inc.), Employment Agreement (Monaker Group, Inc.)

Termination upon Death. If This Agreement shall terminate upon the ----------------------- Executive's death. In the event this Agreement is terminated because as a result of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part Employer shall continue payments of the Executive's Incentive Compensation, if any, Base Salary and payments related to Executive's participation in the Benefit Plans which would have otherwise been due for a period of 90 days following the Fiscal Year during which his Executive's death occurs, prorated through to the end of the calendar month during which his death occursExecutive's estate or designated beneficiaries.

Appears in 6 contracts

Sources: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Termination upon Death. If This Agreement shall terminate upon the Executive's death. In the event this Agreement is terminated because as a result of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part Employer shall continue payments of the Executive's Incentive Compensation, if any, Base Salary and payments related to Executive's participation in the Benefit Plans which would have otherwise been due for a period of 90 days following the Fiscal Year during which his Executive's death occurs, prorated through to the end of the calendar month during which his death occursExecutive's estate or designated beneficiaries.

Appears in 6 contracts

Sources: Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp), Employment Agreement (Oneida Financial Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Company shall (A) pay Executive’s estate or designated beneficiary the Executive’s Salary, Bonus and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 5 contracts

Sources: Employment Agreement (Next 1 Interactive, Inc.), Employment Agreement (Next 1 Interactive, Inc.), Employment Agreement (Next 1 Interactive, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 5 contracts

Sources: Merger Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc)

Termination upon Death. If this Agreement is terminated because of the ---------------------- Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Sources: Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc)

Termination upon Death. If this Agreement the Executive’s employment is terminated because by reason of the Executive's death’s death during the Term, this Agreement shall terminate without further obligations to the Executive will be entitled to receive his Salary through the end Executive’s legal representatives under this Agreement, other than for (i) payment of the calendar month Accrued Obligation (which shall be paid to the Executive’s estate or beneficiary, as applicable, in which his death occurs, and that part a lump sum in cash within 30 days of the Executive's Incentive CompensationDate of Termination) and (ii) the timely payment or provision of any and all Benefit Obligation, if any, for which under their terms are available in the Fiscal Year during which his death occurs, prorated through the end event of the calendar month during which his death occursdeath.

Appears in 4 contracts

Sources: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his the Executive's death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive's death occurs, prorated through the end date of the calendar month during which his death occursExecutive's death.

Appears in 4 contracts

Sources: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationbonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Sources: Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his the Executive’s Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his ’s death occurs.

Appears in 4 contracts

Sources: Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Sources: Executive Employment Agreement (Astera Labs, Inc.), Executive Employment Agreement (Astera Labs, Inc.), Employment Agreement (Badu Holdings, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary through the end of the calendar month in which his death occursoccurs and Executive’s estate will not be entitled to any additional compensation, and that part including any Incentive Compensation for the year during which such termination occurs or any subsequent year of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursEmployment Period.

Appears in 3 contracts

Sources: Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of Company shall pay Executive's estate or designated beneficiary the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated Salary and other benefits earned or accrued through the end date of the calendar month during which his death occursdeath.

Appears in 3 contracts

Sources: Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If Executive dies during the Term of this Agreement, this Agreement is terminated because of the shall terminate, except that Executive's death, the Executive will legal representatives shall be entitled to receive his Salary any earned but unpaid compensation or expense reimbursement due hereunder through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 3 contracts

Sources: Employment Agreement (Coates Motorcycle Co LTD), Employment Agreement (Coates Motorcycle Co LTD), Employment Agreement (Coates International LTD \De\)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary her Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his her death occurs.

Appears in 3 contracts

Sources: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Death. If this Agreement In the event that the Executive's employment is terminated because of the Executive's death, the Executive Company will be entitled pay to receive the Employee's estate his Salary base salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end remainder of the calendar month during which his the death occursoccurred and for three consecutive months thereafter. Thereafter, the Company shall have no further obligation to the Executive under this Agreement.

Appears in 3 contracts

Sources: Employment Agreement (Mail Com Inc), Employment Agreement (Easylink Services Corp), Employment Agreement (Easylink Services Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Executive’s Salary through the end of the calendar month in which his Executive’s death occursoccurs and any accrued and payable, and that part of the Executive's Incentive Compensationbut unpaid, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursbonus or bonuses.

Appears in 3 contracts

Sources: Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his the Executive’s Salary through the end of the calendar month in which his the Executive’s death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive’s death occurs, prorated through the end date of the calendar month during which his death occursExecutive’s death.

Appears in 2 contracts

Sources: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs. All payments under this paragraph shall be made no later than March 15 of the calendar year immediately following the calendar year in which Executive’s death occurs.

Appears in 2 contracts

Sources: Employment Agreement (Metrocorp Bancshares Inc), Employment Agreement (Metrocorp Bancshares Inc)

Termination upon Death. If this Agreement is terminated ----------------------- because of the Executive's death, the Executive will be entitled to receive his Salary salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Sources: Employment Agreement (Jameson Inns Inc), Employment Agreement (Jameson Inns Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary and Benefits through the end of the calendar month in which his death occurs, . The Executive shall be entitled to receive the vested portions of his Incentive Compensation and that part Nonincentive Compensation and to a pro rata portion of his Incentive Compensation and Nonincentive Compensation for the year during which the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursbut shall not be entitled to any other Incentive Compensation or Nonincentive Compensation for or any subsequent year.

Appears in 2 contracts

Sources: Employment Agreement (Geokinetics Inc), Employment Agreement (Geokinetics Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary and Benefits through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Sources: Employment Agreement (Continental Conveyor & Equipment Co), Employment Agreement (Continental Conveyor & Equipment Co)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive Executive's estate will be entitled to receive his Salary Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Sources: Employment Agreement (Stonepath Group Inc), Employment Agreement (Stonepath Group Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Sources: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part a prorated amount of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year Calendar year during which his death occurs, using the EBIT for the calendar year, with the amount of such Executive’s Incentive Compensation being a prorated amount on the basis of the number of months through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Sources: Employment Agreement (Semco Energy Inc), Employment Agreement (Semco Energy Inc)

Termination upon Death. If the Executive dies during the Term of his employment with the Company, this Agreement is terminated because shall terminate as of the date of his death. On termination upon the Executive’s death, the Executive’s estate shall be entitled to be paid that portion of the Executive's death, ’s Base Salary that would otherwise have been payable to the Executive will be entitled to receive his Salary through and including the end final day of the calendar month in which his the Executive’s death occurs, together with all benefits due to the Executive under the Employee Benefit Plans through and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursincluding such date.

Appears in 2 contracts

Sources: Employment Agreement (BSD Medical Corp), Employment Agreement (BSD Medical Corp)

Termination upon Death. If this Agreement is terminated because ---------------------- of the Executive's death, the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his the Executive's death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive's death occurs, prorated through the end date of the calendar month during which his death occursExecutive's death.

Appears in 2 contracts

Sources: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Company shall pay Executive’s estate or designated beneficiary the Executive’s Salary and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 2 contracts

Sources: Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Microsignal Corp/Nv)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary Base compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation’s Bonus compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Deep Down, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive or his beneficiaries or, in the absence of any designated beneficiaries, his estate, will be entitled to receive his Salary through for a period of one (1) year after the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 1 contract

Sources: Employment Agreement (Eagle Supply Group Inc)

Termination upon Death. If this Agreement is terminated ---------------------- because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationbonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Net Value Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Base compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationBonus compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Arrayit Diagnostics, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through (i) the end Executive's Base compensation for the remainder, if any, of the calendar month in which his death occursoccurs and for twelve consecutive calendar months thereafter, and (ii) that part portion of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Mint Leasing Inc)

Termination upon Death. If this Agreement is terminated because because. of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Accupoll Holding Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary Basic Compensation only through the end of the calendar month in which his death occursdate such termination is effective, and that part of the Executive's Incentive Compensation’s accrued bonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs. If this Agreement is terminated as a result of the Executive’s death, Executive shall be entitled to receive that amount of Shares that would have vested through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (CannLabs, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, occurs and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursone additional month.

Appears in 1 contract

Sources: Purchase Agreement (Allis Chalmers Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive Executive's personal representative will be entitled to receive his the Executive's Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Shaw Industries Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Employer will pay to the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Eagle Supply Group Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs. However, the Executive will not be entitled to any Incentive Compensation for any period subsequent to the date on which termination is effective, provided, however, that Incentive Compensation pursuant to Sections 3.2(A) and that part (B) shall be payable if, as of the Executive's Incentive Compensationdate of termination, if any, for there is then pending before the Fiscal Year during Bankruptcy Court a Plan of Reorganization which his death occurs, prorated through the end of the calendar month during which his death occursis thereafter confirmed by such Court.

Appears in 1 contract

Sources: Employment Agreement (Grant Geophysical Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his her Salary through the end of the calendar month in which his her death occurs, and that part of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year during which his her death occurs, prorated through the end of the calendar month during which his her death occurs.

Appears in 1 contract

Sources: Employment Agreement (Craftmade International Inc)

Termination upon Death. If the Executive's employment under this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive receive, and the Company will pay the Executive, his Base Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during date on which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Maverick Tube Corporation)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Basic Compensation and Benefits through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Employment Agreement (Continental Conveyor & Equipment Co)

Termination upon Death. If this Agreement is terminated because ---------------------- of the Executive's death, the Executive will be entitled to receive his Salary Base Compensation through the end of the calendar month in which his death occurs, occurs and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year fiscal year during which his death occurs, occurs prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Sources: Asset Purchase Agreement (Halter Marine Group Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Company shall pay Executive’s estate or designated beneficiary the Executive’s salary, Bonus and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 1 contract

Sources: Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If Executive dies during the Term of this Agreement, this Agreement is terminated because of the shall terminate, except that Executive's death, the Executive will ’s legal representatives shall be entitled to receive his Salary any earned but unpaid compensation or expense reimbursement due hereunder through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 1 contract

Sources: Employment Agreement (Coates International LTD \De\)