Common use of By Death Clause in Contracts

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.

Appears in 55 contracts

Samples: Employment Agreement (Credence Systems Corp), Executive Employment Agreement (WaferGen Bio-Systems, Inc.), Executive Employment Agreement (Stevia First Corp.)

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By Death. Executive’s 's employment shall terminate automatically upon Executive’s 's death. The Company shall pay to Executive’s '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 's heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 10 contracts

Samples: Executive Employment Agreement (Sunburst Acquisitions Iii Inc), Employment Agreement (Krauses Furniture Inc), Executive Employment Agreement (Glenborough Realty Trust Inc)

By Death. The Executive’s 's employment shall terminate automatically upon Executive’s his death. The Company shall pay to the Executive’s 's beneficiaries or estate, as appropriate, any compensation then due the salary and owing. Thereafter all obligations bonus to which he is entitled pursuant to Section 3 as of the Company under this Agreement shall ceasedate of his death. Nothing After the payments called for in this Section section 9(a) are made, the Company's obligations hereunder shall terminate. This section shall not affect any entitlement of the Executive’s heirs 's estate or devisees beneficiaries to death benefits under any benefit plan of the benefits of any life insurance plan or other applicable benefitsCompany.

Appears in 4 contracts

Samples: Agreement (High Tech Travel Services Corp), Agreement (High Tech Travel Services Corp), Agreement (High Tech Travel Services Corp)

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.

Appears in 3 contracts

Samples: Executive Employment Agreement (Emerald Bioscience, Inc.), Executive Employment Agreement (Skye Bioscience, Inc.), Executive Employment Agreement (Nemus Bioscience, Inc.)

By Death. Executive’s employment shall terminate automatically upon Executive’s deathdeath (such termination, “By 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.

Appears in 2 contracts

Samples: Executive Employment Agreement (Ultragenyx Pharmaceutical Inc.), Executive Employment Agreement (Ultragenyx Pharmaceutical Inc.)

By Death. Executive’s 's employment with the Company shall terminate automatically upon Executive’s 's death. The Company shall pay to If Executive’s beneficiaries or estate's employment is terminated by reason of Executive's death, as appropriate, any compensation then due and owing. Thereafter all obligations of the Company under this Agreement shall cease. Nothing in terminate and the Company will have no further obligation to Executive, except as otherwise provided by law or by paragraph 3(d)(i) and 2(f) of this Section shall affect any entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefitsAgreement.

Appears in 2 contracts

Samples: Employment Agreement (Alternus Clean Energy, Inc.), Employment Agreement (Alternus Clean Energy, Inc.)

By Death. Executive’s employment shall terminate automatically upon Executive’s death. The Company shall pay to Executive’s beneficiaries or estate, as appropriate, (i) any compensation Base Salary to which Executive is entitled up through the date of Death; (ii) accrued but unused vacation pay then due and owing. Thereafter Thereafter, all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any accrued entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 2 contracts

Samples: Ceo Employment Agreement (BBCN Bancorp Inc), Ceo Employment Agreement (BBCN Bancorp Inc)

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

Appears in 2 contracts

Samples: Employment Agreement (Enstar Group LTD), Employment Agreement (Enstar Group LTD)

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 the Accrued Obligations, and owing. Thereafter 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.

Appears in 2 contracts

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc), Executive Employment Agreement (ONCOSEC MEDICAL Inc)

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 4(b) shall affect any entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 2 contracts

Samples: Executive Employment Agreement (Vitality Biopharma, Inc.), Executive Employment Agreement (Vitality Biopharma, Inc.)

By Death. Executive’s employment shall terminate automatically upon Executive’s death. The Upon a termination as a result of Executive’s death, the Company shall pay to Executive’s beneficiaries or estate, as appropriate, any compensation then due and owing. Thereafter Thereafter, all obligations of the Company under this Agreement shall cease. Nothing in this Section 4.b. shall affect any entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefitsbenefits to which they are entitled as a result of Executive’s death.

Appears in 1 contract

Samples: Employment Agreement (Restoration Hardware Inc)

By Death. Executive’s employment shall terminate automatically upon Executive’s deathdeath (“By 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.

Appears in 1 contract

Samples: Executive Employment Agreement (Ardelyx, Inc.)

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 owingowing and the Separation Benefits described in Section III(B) above, subject to the terms and conditions set forth therein. 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.

Appears in 1 contract

Samples: Executive Employment Agreement (Credence Systems Corp)

By Death. Executive’s 's employment shall terminate automatically upon Executive’s 's death. The Company shall pay to Executive’s 's beneficiaries or estate, as appropriate, any compensation then due and owingowing to Executive, including but not limited to any bonus earned but not paid. Thereafter all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any entitlement of Executive’s 's heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Aksys LTD)

By Death. Executive’s employment shall terminate automatically upon Executive’s death. The Company Xxxxxx Savings shall pay to Executive’s beneficiaries or estate, as appropriate, any compensation then to which Executive is entitled up through the date of termination and provide all benefits due and owingExecutive under any benefit plans in which Executive participates in accordance with the terms of such plans. Thereafter all obligations of the Company Xxxxxx Savings 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.

Appears in 1 contract

Samples: Employment Agreement (Downey Financial Corp)

By Death. Executive’s employment shall will terminate automatically upon Executive’s death. The Company shall will pay to Executive’s beneficiaries or estate, as appropriate, any compensation then due and owingowing and the Separation Benefits described in Section III(B) above, subject to the terms and conditions set forth therein. Thereafter Thereafter, all obligations of the Company under this Agreement shall will cease. Nothing in this Section shall will affect any entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Credence Systems Corp)

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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 owingowing and the Separation Benefits described in Section III(B) above, subject to the terms and conditions set forth therein. Thereafter 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.

Appears in 1 contract

Samples: Executive Employment Agreement (Credence Systems Corp)

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.

Appears in 1 contract

Samples: Employment Agreement (Redenvelope Inc)

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 owingowing pursuant to Section 3(b) above. 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.

Appears in 1 contract

Samples: Executive Employment Agreement (InvenSense Inc)

By Death. Executive’s The employment of Executive shall terminate automatically upon Executive’s death. The Company shall pay to Executive’s beneficiaries or estate, as appropriate, any compensation then due to which Executive would have been entitled up through the date of death; and owing. Thereafter thereafter all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any entitlement of Executive’s the heirs or devisees of Executive to the benefits of any life insurance plan or policy or other applicable benefits. For clarity, Executive shall not be entitled to Severance Benefits in the event of a termination pursuant to this paragraph.

Appears in 1 contract

Samples: Employment Agreement (Enstar Group LTD)

By Death. Executive’s employment shall terminate automatically upon Executive’s death. The Company shall pay Thereafter, subject to Executive’s beneficiaries or estateSection III.C, 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.

Appears in 1 contract

Samples: Executive Employment Agreement (ONCOSEC MEDICAL Inc)

By Death. Executive’s employment shall terminate automatically upon Executive’s death. The Company shall pay to Executive’s beneficiaries spouse, children, 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.

Appears in 1 contract

Samples: Executive Employment Agreement (Electroglas Inc)

By Death. The Executive’s 's employment shall terminate automatically upon Executive’s his death. The Company company shall pay to the Executive’s 's beneficiaries or estatestate, as appropriate, any compensation then due and owing. Thereafter all obligations the salary to which he is entitled pursuant to Section 3(a) as of the Company under this Agreement shall ceasedate of his death. Nothing After the payments called for in this Section 4(a) are made, the Company's obligations hereunder shall terminate. This section shall not affect any entitlement of the Executive’s heirs 's estate or devisees beneficiaries to death benefits under any benefit plan of the benefits of any life insurance plan or other applicable benefitsCompany.

Appears in 1 contract

Samples: Employment Agreement (Eurotelecom Communications Inc)

By Death. Executive’s 's employment shall terminate automatically upon Executive’s 's death. The Company shall pay to Executive’s 's beneficiaries or estate, as appropriate, (i) any compensation Base Salary to which Executive is entitled up through the date of Death; (ii) accrued but unused vacation pay then due and owing. Thereafter Thereafter, all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any accrued entitlement of Executive’s 's heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 1 contract

Samples: Employment Agreement (BBCN Bancorp Inc)

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 (i)any Base Salary to which Executive is entitled up through the date of Death; (ii) accrued but unused vacation pay then due and owing. Thereafter Thereafter, all obligations of the Company under this Agreement shall cease. Nothing in this Section shall affect any accrued entitlement of Executive’s heirs or devisees to the benefits of any life insurance plan or other applicable benefits.

Appears in 1 contract

Samples: Ceo Employment Agreement (BBCN Bancorp Inc)

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.. ​

Appears in 1 contract

Samples: Executive Employment Agreement (Research Solutions, Inc.)

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