Common use of Beneficial Interests Clause in Contracts

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee or, if there be no such designee, to Executive's estate.

Appears in 16 contracts

Samples: Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp)

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Beneficial Interests. This Agreement shall inure to the benefit -------------------- of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee or, if there be no such designee, to Executive's estate.

Appears in 10 contracts

Samples: Employment Agreement (St John Knits Inc), Employment Agreement (St John Knits Inc), Employment Agreement (St John Knits Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 10 contracts

Samples: Michael P. Moore Employment Agreement (Miscor Group, Ltd.), Employment Agreement (New Century Financial Corp), A. Tamborski Employment Agreement (Miscor Group, Ltd.)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 9 contracts

Samples: Executive Employment Agreement (Procom Technology Inc), Executive Employment Agreement (Procom Technology Inc), Executive Employment Agreement (Arbor National Holdings Inc)

Beneficial Interests. This Agreement shall inure to the benefit -------------------- of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee or, if there be no such designee, to Executive's estate.

Appears in 8 contracts

Samples: Asset Purchase Agreement (St John Knits Inc), Employment Agreement (St John Knits Inc), Employment Agreement (St John Knits International Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's ’s personal representative, devisee, legatee, or other designee or, if there be no such designee, to Executive's ’s estate.

Appears in 8 contracts

Samples: Employment Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp), Employment Agreement (Dpac Technologies Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by (a) the Company’s successors and assigns and (b) the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should shall die while any amounts are still payable to him his hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 8 contracts

Samples: Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Lydall Inc /De/), Employment Agreement (Lydall Inc /De/)

Beneficial Interests. This Agreement shall inure to the -------------------- benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 7 contracts

Samples: Executive Employment Agreement (Inference Corp /Ca/), Executive Employment Agreement (Inference Corp /Ca/), Executive Employment Agreement (Inference Corp /Ca/)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee ordesignee, if there be no such designee, to the Executive's estate.

Appears in 6 contracts

Samples: Employment Agreement (K2 Design Inc), Employment Agreement (Muse Technologies Inc), Employment Agreement (Muse Technologies Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to Executive's ’s estate.

Appears in 6 contracts

Samples: Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp), Employment Agreement (Emcore Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by a) the Company’s successors and assigns and b) the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should shall die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 6 contracts

Samples: Employment Agreement (Lydall Inc /De/), Severance Agreement (Lydall Inc /De/), Severance Agreement (Lydall Inc /De/)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by (a) the Company’s successors and assigns and (b) the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should shall die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 4 contracts

Samples: Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Lydall Inc /De/), Employment Agreement (Magellan Petroleum Corp /De/)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 4 contracts

Samples: Employment Agreement (Pacific Biometrics Inc), Employment Agreement (Pacific Biometrics Inc), Employment Agreement (Pacific Biometrics Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by (a) the Company’s successors and assigns, and (b) the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees devisees, and legatees. If the Executive should shall die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee designee, or, if there be is no such designee, to the Executive's ’s estate.

Appears in 3 contracts

Samples: Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Magellan Petroleum Corp /De/), Employment Agreement (Magellan Petroleum Corp /De/)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to Executive's ’s estate.

Appears in 2 contracts

Samples: Employment Agreement (St John Knits International Inc), Employment Agreement (St John Knits International Inc)

Beneficial Interests. This Agreement shall inure to the benefit of -------------------- and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (New Century Financial Corp), Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to Executive's ’s estate.

Appears in 2 contracts

Samples: Employment Agreement (New Century Financial Corp), Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him his hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Pacific Biometrics Inc), Employment Agreement (Pacific Biometrics Inc)

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Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 2 contracts

Samples: Employment Agreement (Pacific Biometrics Inc), Employment Agreement (Pacific Biometrics Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee ordesignee, if there be no such designee, to Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Skyline Multimedia Entertainment Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee or, if there be no such designee, to Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of -------------------- and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Inference Corp /Ca/)

Beneficial Interests. This Agreement shall inure to the benefit of --------------------- and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit -------------------- of and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Inference Corp /Ca/)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If Executive should die while any amounts are still payable to him her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive's devisee, legatee, or other designee or, if there be no such designee, to Executive's estate.

Appears in 1 contract

Samples: Employment Agreement (Tickets Com Inc)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's ’s personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's ’s devisee, legatee, or other designee or, if there be no such designee, to the Executive's ’s estate.

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of --------------------- and be enforceable by the Executive's personal and legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.. ARTICLE VI

Appears in 1 contract

Samples: Employment Agreement (New Century Financial Corp)

Beneficial Interests. This Agreement shall inure to the benefit of and be enforceable by the Executive's personal and legal representatives, ,executors, administrators, successors, heirs, distributees, devisees and legatees. If the Executive should die while any amounts are still payable to him or her hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devisee, legatee, or other designee or, if there be no such designee, to the Executive's estate.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Bridge Technology Inc)

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