SURVIVAL BENEFITS Sample Clauses
SURVIVAL BENEFITS. This Agreement may not be assigned to any successors and assigns of the Employee. The restriction shall not apply to any monetary benefit which the Employee may be entitled to, which shall in that event inure to the benefit of the Employee’s heirs, personal representatives, successors and assigns. However, in the event the Employee dies during the term of this Agreement or shall become Disabled, the Employee, upon prior written instructions or upon becoming Disabled, may temporarily or permanently assign this Agreement, and all obligations, compensation and benefits hereunder to his wife, ▇▇▇▇▇▇ ▇▇▇▇, so long as the Employee’s responsibilities are performed and his accounts are maintained (except those lost to legitimate and normal industry account turnover) during the term of this Agreement by his wife, ▇▇▇▇▇▇ ▇▇▇▇, and further provided that ▇▇▇▇▇▇ ▇▇▇▇, within thirty (30) days following the event leading to the triggering of this paragraph, agrees in writing to be bound in the same manner as Employee pursuant to all of the provision of this Agreement. Unless Employee is incapacitated or deceased, such an assignment must be made in writing by the Employee. No other assignment of this Agreement may be made nor can the Employee’s duties be fulfilled by any one other than ▇▇▇▇▇ ▇▇▇▇ or his wife, ▇▇▇▇▇▇ ▇▇▇▇, in order for such the benefits of this Agreement to accrue. Simultaneously herewith, ▇▇▇▇▇▇ ▇▇▇▇ shall enter into the Agreement attached hereto as Exhibit B (“DF Agreement”).