Upon Death. In the event that the Employment Period terminates pursuant to Section 3.1(ii) on account of the death of the Executive (i) the Company shall pay to the Executive's surviving spouse or, if none, his estate, a lump-sum amount equal to the sum of the Executive's earned and unpaid salary through the date of his death, any Bonus agreed to by the Company but not yet paid to the Executive, additional salary in lieu of Executive's accrued and unused vacation, any unreimbursed business and entertainment expenses in accordance with the Company's policies, and any unreimbursed employee benefit expenses that are reimbursable in accordance with the Company's employee benefit plans (collectively, the "Standard Termination Payments"), and (ii) death benefits, if any, under the Company's employee benefit plans shall be paid to the Executive's beneficiaries as properly designated in writing by the Executive.
Appears in 8 contracts
Samples: Employment Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp)
Upon Death. In the event that the Employment Period ---------- terminates pursuant to Section 3.1(ii) on account of the death of the Executive (i) the Company shall pay to the Executive's surviving spouse or, if none, his estate, a lump-sum amount equal to the sum of the Executive's earned and unpaid salary through the date of his death, any Bonus agreed to by the Company but not yet paid to the Executive, additional salary in lieu of Executive's accrued and unused vacation, any unreimbursed business and entertainment expenses in accordance with the Company's policies, and any unreimbursed employee benefit expenses that are reimbursable in accordance with the Company's employee benefit plans (collectively, the "Standard Termination Payments"), and (ii) death benefits, if any, under the Company's employee benefit plans shall be paid to the Executive's beneficiaries as properly designated in writing by the Executive.
Appears in 2 contracts
Samples: Employment Agreement (Intelidata Technologies Corp), Employment Agreement (Intelidata Technologies Corp)
Upon Death. In the event that the Employment Period terminates pursuant to Section 3.1(ii) on account of the death of the Executive (i) the Company shall pay to the Executive's ’s surviving spouse or, if none, his her estate, a lump-sum amount equal to the sum of the Executive's ’s earned and unpaid salary through the date of his her death, any Bonus agreed to by the Company but not yet paid to the Executive, additional salary in lieu of Executive's ’s accrued and unused vacation, any unreimbursed business and entertainment expenses in accordance with the Company's ’s policies, and any unreimbursed employee benefit expenses that are reimbursable in accordance with the Company's ’s employee benefit plans (collectively, the "“Standard Termination Payments"”), and (ii) death benefits, if any, under the Company's ’s employee benefit plans shall be paid to the Executive's ’s beneficiaries as properly designated in writing by the Executive.
Appears in 1 contract
Samples: Employment Agreement (Intelidata Technologies Corp)