Benefits Payable Upon Death. In the event that the Term terminates pursuant to Section 3.2(c), (i) the Company will pay to Executive’s surviving spouse or, if none, his estate, a lump-sum amount equal to Executive’s Standard Termination Payments within sixty (60) days of such termination of employment and (ii) death benefits, if any, under the employee benefit plans of the Company and its subsidiaries will be paid to Executive’s beneficiaries as properly designated in writing by Executive.
Benefits Payable Upon Death. In the event of the Employee's death during the term hereof, the Employee or the Employee's designated beneficiaries shall be entitled to receive his base salary at the rate provided in Section 3(a) and the benefits provided in Section 5 through the end of a two weeks following the weekly payroll period in which death occurred, such salary continuance period to be inclusive of all accrued vacation time Employee otherwise would be eligible for at the time of Employee's death. In addition, the Employee's designated beneficiaries shall be entitled to receive; 1) the available proceeds under any group term or other insurance maintained for the benefit of the Employee and 2) Employee's interest in any stock options vested at the time of Employee's death. In addition to amounts called for under this Section 6 (c) amounts payable to Employee under Section 3(b) shall be pro-rated through the date of the Employees death, however the terms governing the payment of such amount, as set forth therein, shall not be changed.
Benefits Payable Upon Death. Within thirty (30) days after the Date of Death, the Corporation shall pay to Karp's beneficiary or bexxxxxxaries, or his estate, as the case may be, a lump sum benefit equal to one full year salary from the date of death.
Benefits Payable Upon Death. In the event of the death of Employee during the term of this Agreement, Employee shall be entitled to receive the greater of (i) any earned incentive payments due under Section 4 of this Agreement and reimbursement for any unreimbursed business expenses payable hereunder, or (ii) any amount Employee may be entitled to receive pursuant to any Disability Plan as a result of Employee's death during the term of this Agreement. Any such amount payable under this Section 5.3 shall be paid to Employee's surviving spouse, or if there is no spouse surviving, then to Employee's designee or representative as the case may be through the six-month period following the end of the calendar month in which death occurs.
Benefits Payable Upon Death. Within thirty (30) days after the Date of Death, the Corporations shall pay to Dorman's beneficiary or xxxxxxxxaries or his estate, as the case may be, a lump sum benefit equal to three (3) times the monthly rate of Dorman's Base Salary as xx xxxxxt on the Date of Death.
Benefits Payable Upon Death. In the event of Executive's death prior to the Termination Date, the Annual Retirement Benefit shall be paid to the Spouse until the Discontinuation Date. Benefits paid to the Spouse shall be reduced by one-twelfth (1/12) of 5% for each complete month that Executive's age at death is less than age 62.
Benefits Payable Upon Death. Within thirty (30) days after the Date of Death, the Corporation shall pay to Kxxx'x beneficiary or beneficiaries, or his estate, as the case may be, a lump sum benefit equal to one full year salary from the date of death.
Benefits Payable Upon Death. In the event Executive dies after she becomes eligible for payments under this Section 2 (and in no event later than February 28, 2011 assuming the General Release attached as Exhibit A has been executed by Executive), but prior to Executive’s receipt of such payments, the payments under this Section 2 shall be made to Executive’s estate.
Benefits Payable Upon Death. In the event of your death during your employment or at any time thereafter while payments are still owing to you under the terms of this agreement, the Company shall pay to your beneficiary(ies) (to the extent lawfully and effectively designated by you) or your estate (to the extent that no such beneficiary has been lawfully and effectively designated) to the extent they remain unpaid at the date of your Death:
Benefits Payable Upon Death. In the event of the death of Employee during the term of this Agreement, Employee shall be entitled to receive the greater of (i) Employee's base salary, any accrued or earned incentive payments and any bonus or additional compensation due under Sections 4.1, 4.2 or 4.3 of this Agreement and reimbursement for any unreimbursed business expenses payable hereunder or (ii) any amount Employee may be entitled to receive pursuant to any Disability Plan as a result of Employee's death during the term of this Agreement. Any such amount payable under this Section 5.3 shall be paid to Employee's surviving spouse, or if there is no spouse surviving, then to Employee's designee or representative as the case may be through the six-month period following the end of the calendar month in which death occurs
