Common use of Death and Retirement Clause in Contracts

Death and Retirement. If the Executive’s employment is terminated by reason of the Executive’s death or on or after the attainment of age sixty-five (65), this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement other than payment of the Accrued Obligations. Unless otherwise directed by the Executive (or, in the case of a Qualified Plan, as may be required by such plan) all Accrued Obligations shall be paid to the Executive, his beneficiaries or his estate, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination. In the event of the retirement of the Executive, he and his family shall be entitled to benefits generally available upon retirement to executives with comparable responsibilities or positions and their families. In the event of the Executive’s death, his family shall be entitled to receive benefits generally available to the surviving families of executives with comparable responsibilities or positions.

Death and Retirement. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or on or after the attainment of age sixty-five (65), this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement other than payment of the Accrued Obligations. Unless otherwise directed by the Executive (or, in the case of a Qualified Plan, as may be required by such plan) all Accrued Obligations shall be paid to the Executive, his her beneficiaries or his her estate, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination. In the event of the retirement of the Executive, he she and his her family shall be entitled to benefits generally available upon retirement to executives with comparable responsibilities or positions and their families. In the event of the Executive’s 's death, his her family shall be entitled to receive benefits generally available to the surviving families of executives with comparable responsibilities or positions.

Death and Retirement. If the Executive’s 's employment is terminated by reason of the Executive’s 's death or on or after the attainment of age sixty-five (65), this Agreement shall terminate without further obligations to the Executive’s 's legal representatives under this Agreement other than payment of the Accrued Obligations. Unless otherwise directed by the Executive (or, in the case of a Qualified Plan, as may be required by such plan) all Accrued Obligations shall be paid to the Executive, his beneficiaries or his estate, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination. In the event of the retirement of the Executive, he and his family shall be entitled to benefits generally available upon retirement to executives with comparable responsibilities or positions and their families. In the event of the Executive’s 's death, his family shall be entitled to receive benefits generally available to the surviving families of executives with comparable responsibilities or positions.

Death and Retirement. If the Executive’s employment is terminated by reason of the Executive’s death or on or after the attainment of age sixty-five (65), this Agreement shall terminate without further obligations to the Executive’s legal representatives under this Agreement other than payment of the Accrued Obligations. Unless otherwise directed by the Executive (or, in the case of a Qualified Plan, as may be required by such plan) all Accrued Obligations shall be paid to the Executive, his her beneficiaries or his her estate, as applicable, in a lump sum in cash within thirty (30) days of the Date of Termination. In the event of the retirement of the Executive, he she and his her family shall be entitled to benefits generally available upon retirement to executives with comparable responsibilities or positions and their families. In the event of the Executive’s death, his her family shall be entitled to receive benefits generally available to the surviving families of executives with comparable responsibilities or positions.