Common use of Death During Benefit Period Clause in Contracts

Death During Benefit Period. If the Executive dies subsequent to the date that he retires and while receiving payments under Section 2.1 of this Agreement, the Company's obligation to make the final monthly payment under Section 2.1.2 on the last day of the month of the Executive's death shall constitute the Company's final obligation to pay the Executive or the Executive's estate under the terms of this Agreement.

Death During Benefit Period. If the Executive dies subsequent to the date that he retires and while receiving payments under Section 2.1 4.1 of this Agreement, the Company's obligation to make the final monthly payment under Section 2.1.2 4.1.2 on the last day of the month of the Executive's death shall constitute the Company's final obligation to pay the Executive or the Executive's estate under the terms of this Agreement.