Common use of Upon Death of Employee Clause in Contracts

Upon Death of Employee. 8.03 If Employee’s employment is terminated by reason of Employee’s death during the Employment Term, this Agreement shall terminate without further obligation to Employee, other than payment of any Accrued Obligations (which shall be paid to Employee’s estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination, and the timely payment or provision of all welfare benefit plans.

Appears in 5 contracts

Samples: Employment Agreement (Propell Corporation.), Employment Agreement (Propell Corporation.), Employment Agreement (Propell Corporation.)

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Upon Death of Employee. 8.03 If Employee’s employment is terminated by reason of Employee’s death during the Employment Term, this Agreement shall terminate without further obligation to Employee, other than payment of any Accrued Obligations (which shall be paid to Employee’s estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination, and the timely payment or provision of all welfare benefit plans.

Appears in 1 contract

Samples: Employment Agreement (Propell Corporation.)

Upon Death of Employee. 8.03 If Employee’s employment is terminated by reason of Employee’s death during the Employment Term, this Agreement shall terminate without further obligation to Employee, other than payment of any Accrued Obligations (which shall be paid to Employee’s estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination, and the timely payment or provision of all welfare benefit plans.

Appears in 1 contract

Samples: Employment Agreement (Propell Corporation.)

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Upon Death of Employee. 8.03 8.04 If Employee’s employment is terminated by reason of Employee’s death during the Employment Term, this Agreement shall terminate without further obligation to Employee, other than payment of any Accrued Obligations (which shall be paid to Employee’s estate or beneficiary, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination, and the timely payment or provision of all welfare benefit plans).

Appears in 1 contract

Samples: Employment Agreement (Propell Corporation.)

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