Common use of Death During Employment Clause in Contracts

Death During Employment. If the Employee dies during the term of employment, the Employer shall pay to the estate of the Employee one full month of compensation which would otherwise be payable to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate of the Employee to maintain the ownership of any interest the Employee had in any and all distributorships.

Appears in 9 contracts

Samples: Employment Agreement (Esafetyworld Inc), Employment Agreement (United States Financial Group Inc /Ny), Employment Agreement (Business Continuity Services Group Inc)

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Death During Employment. If the Employee dies during the term of employmenthis employment hereunder, the Employer shall pay to Employee’s estate the estate of the Employee one full month of compensation which that would otherwise be payable to Employee up to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate end of the Employee to maintain the ownership of any interest the Employee had month in any and all distributorshipswhich his death occurs.

Appears in 7 contracts

Samples: Executive Employment Agreement (North Pittsburgh Systems Inc), Executive Employment Agreement (North Pittsburgh Systems Inc), Executive Employment Agreement (North Pittsburgh Systems Inc)

Death During Employment. If the Employee dies during the term of the Employee's employment, the Employer shall pay to the estate of the Employee one full month of compensation the basic salary which would otherwise be payable to the Employee if up to the end of the month in which the Employee's death occurs, not including any bonuses. The Employer shall have no further financial obligations to the Employee were alive. In addition, or to the Employer shall allow Employee's estate under the Estate terms of the Employee to maintain the ownership of any interest the Employee had in any and all distributorshipsthis Agreement.

Appears in 6 contracts

Samples: Employment Agreement (MLC Holdings Inc), Employment Agreement (MLC Holdings Inc), Employment Agreement (MLC Holdings Inc)

Death During Employment. If the Employee dies should die during the term of this employment, the Employer shall pay to Employee's estate the estate of the Employee one full month of compensation which would otherwise be payable to him up to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate end of the Employee to maintain the ownership of any interest the Employee had month in any and all distributorshipswhich his death occurs.

Appears in 4 contracts

Samples: Employment Agreement (Marketing Worldwide Corp), Employment Agreement (Marketing Worldwide Corp), Employment Agreement (Marketing Worldwide Corp)

Death During Employment. If the Employee dies during the term of employment, the Employer shall pay to the estate of the Employee one full month of compensation which would otherwise be payable to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate of the Employee to maintain the ownership of any interest the Employee had in any and all distributorshipscompensation.

Appears in 2 contracts

Samples: Contract for Sale and Purchase of Business (Dicut Inc), Employment Agreement (Dicut Inc)

Death During Employment. If the Employee dies during the term of ----------------------- his/her employment, the Employer shall pay to the Employee's estate of the Employee one full month of compensation which that would otherwise be payable to the Employee if up to the Employee were alive. In addition, the Employer shall allow the Estate end of the Employee to maintain the ownership of any interest the Employee had month in any and all distributorshipswhich his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (North Pittsburgh Systems Inc), Employment Agreement (North Pittsburgh Systems Inc)

Death During Employment. If the Employee dies during the term of this employment, the Employer shall pay to the estate of Employee the Employee one full month of compensation compensation, including any bonus, which would otherwise be payable to Employee up to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate end of the Employee month in which his death occurs and will continue to maintain the ownership make payments of any interest the Employee had in any and all distributorshipssuch compensation to his estate for a period of three (3) years after Employee’s death.

Appears in 1 contract

Samples: Employment Agreement (Capital Title Group Inc)

Death During Employment. If the Employee dies during the term of his employment, the Employer Company shall pay to the estate of the Employee one full month (i) that prorated portion of compensation which would otherwise be payable his monthly salary, and (ii) the value of all earned (but unused) vacation days and personal days as may have accrued, and Company shall have no further financial obligations to the Employee if the Employee were alive. In addition, the Employer shall allow the Estate of the Employee or to maintain the ownership of any interest the Employee had in any and all distributorshipshis estate.

Appears in 1 contract

Samples: Employment Agreement (Consolidated Envirowaste Industries Inc)

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Death During Employment. If the Employee dies during the term of employment, the Employer shall pay to the estate of the Employee one full month of compensation which would otherwise be payable to the Employee if the Employee were alive. In addition, the Employer shall allow pay $6, 000 Dollars within 30 days after the Estate death of the Employee Employee, to maintain the ownership widow of any interest the Employee had in any and all distributorshipsEmployee, or if he is not then survived by his widow, shares, to those children who we under the age of eighteen (18) years.

Appears in 1 contract

Samples: Employment Agreement

Death During Employment. If the Employee dies during the term of employment, the Employer shall pay to the estate of the Employee one full month of compensation which would otherwise be payable to the Employee if the Employee were alive. In addition, the Employer shall allow pay Dollars within days after the Estate death of the Employee Employee, to maintain the ownership widow of any interest the Employee had in any and all distributorshipsEmployee, or if he is not then survived by his widow, shares, to those children who we under the age of eighteen (18) years.

Appears in 1 contract

Samples: Employment Agreement

Death During Employment. If the Employee dies during the term of this ----------------------- employment, the Employer shall pay to the estate of Employee the Employee one full month of compensation which would otherwise be payable to Employee up to the end of the month in which his death occurs, and such other benefits to which Employee if the Employee were alive. In addition, the is entitled and Employer shall allow the Estate of the Employee to maintain the ownership of any interest the Employee had in any and all distributorshipshave no further obligations under this Agreement.

Appears in 1 contract

Samples: Agreement (DMX Inc)

Death During Employment. If the Employee dies during the term of his employment, the Employer shall pay to the estate of the Employee one full month of the compensation which would otherwise be payable to the Employee if up. to the Employee were alive. In addition, the Employer shall allow the Estate end of the Employee to maintain month in which the ownership of any interest the Employee had in any and all distributorshipsEmployee's death occurs.

Appears in 1 contract

Samples: Employment Contract (Mag Well Inc)

Death During Employment. If the Employee dies during the term of this employment, the Employer Company shall pay to the estate of the Employee one full month of the compensation which would otherwise be payable to Fully Accrued as of the Employee if end of the Employee were alivecalendar month in which his death occurs. In addition, the Employer Company shall allow pay $5,000, within sixty days after the Estate death of the Employee Employee, to maintain the ownership widow of any interest the Employee had in any and all distributorshipsEmployee, or, if he is not then survived by his widow, then to the Employee's estate.

Appears in 1 contract

Samples: Employment Agreement (American Body Armor & Equipment Inc)

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