Upon the death Sample Clauses

The "Upon the death" clause outlines the actions or consequences that take effect when a specified individual passes away. Typically, this clause details how assets, responsibilities, or contractual obligations are to be handled following the person's death, such as transferring property to heirs or terminating certain agreements. Its core function is to provide clear instructions and legal certainty for the distribution of rights or duties after a death, thereby preventing disputes and ensuring a smooth transition.
Upon the death a) of a father, mother, spouse, child or spouse’s child: - an employee is entitled to five (5) consecutive working days including the day of the funeral; b) of the grandchildren, the father or mother of a spouse, the brother or the sister, the brother-in-law or sister-in-law: - an employee is entitled to three (3) consecutive working days including the day of the funeral; c) of the grandparents, a brother or sister-in-law, or a son or daughter-in-law: - an employee is entitled to two (2) consecutive working days including the day of the funeral; d) of an aunt, uncle, nephew, or niece: - an employee is entitled to one (1) working day including the day of the funeral. e) In cases where paragraph (a), (b), (c) or (d) applies, the employee may add to this period accumulated vacation, accumulated overtime, and/or leave without pay not exceeding fifteen (15) working days. f) If the funeral takes place more than one hundred and sixty (160) kilometres from the residence of an employee, he is entitled to one (1) extra working day. g) An employee may defer one (1) day of the above days if the burial or cremation is to occur at a later date.
Upon the death a) of a father, mother, spouse, child or spouse’s child: - an employee is entitled to five (5) consecutive working days including the day of the funeral; b) of the grandchildren, the father or mother of a spouse, the brother or the sister: - an employee is entitled to three (3) consecutive working days including the day of the funeral; c) of the grandparents, a brother or sister-in-law, or a son or daughter-in-law: - an employee is entitled to two (2) consecutive working days including the day of the funeral; d) of an aunt, uncle, nephew, or niece: - an employee is entitled to one (1) working day including the day of the funeral. e) In cases where paragraph (a), (b), (c) or (d) applies, the employee may add to this period accumulated vacation, accumulated overtime, and/or leave without pay not exceeding fifteen (15) working days. f) If the funeral takes place more than one hundred and sixty (160) kilometres from the residence of an employee, he is entitled to one (1) extra working day. g) An employee may defer one (1) day of the above days if the burial or cremation is to occur at a later date.

Related to Upon the death

  • Upon Death In the event of the Executive's death during the term hereof, the Executive's employment hereunder shall immediately and automatically terminate.

  • Termination upon Death This entire Agreement will terminate immediately without further action of the parties upon the death of a natural person who is a party to this Agreement, or a general partner of a partnership that is a party to this Agreement.

  • Termination by Death If the Executive dies during the Employment Term, the Executive’s employment will terminate and the Executive’s beneficiary or if none, the Executive’s estate, shall be entitled to receive from the Company, the Executive’s accrued, but unpaid, Base Salary through the date of termination of employment and any vested benefits under any Employee Plan in accordance with the terms of such Employee Plan and applicable law.

  • Upon Death or Disability If the Executive dies, all provisions of Section 3 of this Agreement (other than rights or benefits arising as a result of such death) and the Employment Term shall be automatically terminated; provided, however, that an amount equal to the earned and unpaid Incentive Payments to the date of death and the Standard Termination Payments shall be paid to the Executive’s surviving spouse or, if none, the Executive’s estate (as set forth above), and the death benefits under the Company’s employee benefit plans shall be paid to the Executive’s beneficiary or beneficiaries as properly designated in writing by the Executive. If the Executive is unable to perform the essential functions of the Executive’s job under this Agreement, with or without reasonable accommodation, by reason of physical or mental disability or incapacity (“Disability”) and such disability or incapacity shall have continued for any period aggregating six months within any 12 consecutive months, the Company may terminate this Agreement and the Employment Term at any time thereafter. In such event, the Executive shall be entitled to receive the Executive’s normal compensation hereunder during said time of disability or incapacity, and shall thereafter be entitled to receive the “Disability Incentive Payment” (as described in the penultimate sentence of this subsection (b)) and the Standard Termination Payments (as set forth above). The portion of the payment representing the Disability Incentive Payment shall be paid in a lump sum determined on a net present value basis, using a reasonable discount rate determined by the Board. The Disability Incentive Payment shall be equal to the target Incentive Payment that the Executive would have been eligible to receive for the year in which the Employment Term is terminated multiplied by a fraction, the numerator of which is the number of days in such year before and including the day of termination of the Employment Term and the denominator of which is the total number of days in such year. Subject to Section 19 below, the Disability Incentive Payment shall be payable in a lump sum on the 60th day after termination of the Executive’s employment.

  • By Death Executive’s employment shall terminate automatically upon Executive’s death. The Company shall pay to Executive’s beneficiaries or estate, as appropriate, any compensation then due and owing. Thereafter all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefits.