Common use of By Death Clause in Contracts

By Death. Executive’s employment shall be terminated automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s death.

Appears in 16 contracts

Samples: Executive Employment Agreement (Compellent Technologies Inc), Executive Employment Agreement (Compellent Technologies Inc), Severance Agreement (Proto Labs Inc)

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By Death. Executive’s 's employment with the Company shall be terminated terminate automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s 's death.

Appears in 7 contracts

Samples: Contribution Agreement, Employment Agreement (Alternus Energy Inc.), Employment Agreement (World Technology Corp.)

By Death. Executive’s employment and the Term shall be terminated automatically end upon the death of Executive. The CompanyEmployer’s and the Companies’ total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s deathdeath and provision of any vested benefits, which will be provided in accordance with the terms and conditions of the plans or programs under which such vested benefits arise (the “Accrued Amounts”).

Appears in 2 contracts

Samples: Employment Agreement (Great Ajax Corp.), Employment Agreement (Great Ajax Corp.)

By Death. Executive’s employment shall be terminated automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s deathdeath and no severance payments or benefits will be due to Executive under this Agreement.

Appears in 1 contract

Samples: Severance Agreement (Proto Labs Inc)

By Death. Executive’s 's employment and the Term shall be terminated automatically end upon the death of Executive. The Company’s Employer's and the Companies' total liability in such event shall be limited to payment of Executive’s accrued but unpaid 's salary and benefits through the date of Executive's death and provision of any vested benefits, which will be provided in accordance with the terms and conditions of the plans or programs under which such vested benefits arise (the "Accrued Amounts"); however any unvested incentive awards will vest without restriction upon the employee’s death.

Appears in 1 contract

Samples: Employment Agreement (Great Ajax Corp.)

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By Death. Executive’s employment hereunder shall be terminated terminate automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s death. The Company shall pay to Executive’s beneficiaries or estate, as appropriate, the Base Salary earned through the date of death without further obligation to Executive, except as set forth in Section 9(g).

Appears in 1 contract

Samples: Employment Agreement (Patterson Companies, Inc.)

By Death. Executive’s employment hereunder shall be terminated terminate automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary and benefits through the date of Executive’s death. The Company shall pay to Executive’s beneficiaries or estate, as appropriate, the Base Salary earned through the date of death without further obligation to Executive, except as set forth in Section 8(g).

Appears in 1 contract

Samples: Employment Agreement (Patterson Companies, Inc.)

By Death. Executive’s employment shall be terminated automatically upon the death of Executive. The Company’s total liability in such event shall be limited to payment of Executive’s accrued but unpaid salary salary, cash incentive bonus and benefits through the date of Executive’s death.

Appears in 1 contract

Samples: Severance Agreement (Proto Labs Inc)

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