Common use of Death During Employment Clause in Contracts

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive up to the end of the month in which his death occurs.

Appears in 7 contracts

Samples: Employment Agreement (Whittier Energy Corp), Employment Agreement (Whittier Energy Corp), Employment Agreement (Whittier Energy Corp)

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Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this This Agreement shall terminate as of the date of upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estates, all amounts due to Executive due as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive up to the end of the month in which his death occurspay severance or provide other benefits.

Appears in 5 contracts

Samples: Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation to which he would otherwise be payable to the Executive up to entitled through the end of the month in which his death occursoccurs in accordance with Section 4(a) above. Company shall also pay to the estate of Executive an amount equal to any bonus or other incentive payments which would otherwise have been due to Executive had Executive been employed as of fiscal year end, pro-rated to date of death. This Agreement shall thereupon terminate, and Company shall have no further obligation to the estate of Executive.

Appears in 5 contracts

Samples: Agreement (Ladd Furniture Inc), Agreement (Ladd Furniture Inc), Agreement (Ladd Furniture Inc)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreementemployment, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive up to the end of the month period remaining under the terms of this Agreement, and the Company shall have no further obligations under this Agreement or otherwise in which his death occursrespect of Executive’s employment. All back salary, if owed, would be due and payable, plus personal Guarantees would be removed. Per Section 4.8.

Appears in 2 contracts

Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.), Executive Employment Agreement (GenuTec Business Solutions, Inc.)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this This Agreement shall terminate as of the date of upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estates, all amounts due to Executive as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive up to the end of the month in which his death occurspay severance or provide other benefits.

Appears in 2 contracts

Samples: Executive Employment Agreement (Rainmaker Systems Inc), Executive Employment Agreement (Rainmaker Systems Inc)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, while this Agreement shall terminate as of the date of deathremains in effect, and the Company shall promptly pay to the estate of the Executive the all compensation which would otherwise be payable to the and bonuses (on a pro rata basis) due Executive up to the end as of the month in which date of his death occursdeath. 7.

Appears in 1 contract

Samples: Employment Agreement (Bioxide Corp)

Death During Employment. If the Executive dies during the term of ------------------------- employment provided for in this Agreement, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive up to the end of the month in which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (American Homestar Corp)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this This Agreement shall terminate as of the date of upon Executive’s death, and the Company shall pay to Executive’s surviving spouse, or if none, to the estate executors and administrators of Executive’s estate, all amounts due to Executive due as of the Executive the compensation date of death. The Company shall not have obligations to pay severance under Section 13 or otherwise or provide any other benefits other than those to which would otherwise be payable to the Executive up to the end of the month in which his death occursExecutive’s estate is then entitled under Section 4 above and applicable law.

Appears in 1 contract

Samples: Employment Agreement (Rainmaker Systems Inc)

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Death During Employment. If the Executive dies during the term of employment provided for in this Agreementemployment, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to Executive for the Executive period remaining under the terms of this Agreement, up to the end a maximum of the month one year. The Company shall have no further obligations under this Agreement or otherwise in which his death occursrespect of Executive’s employment.

Appears in 1 contract

Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, while this Agreement shall terminate as of the date of deathremains in effect, and the Company shall promptly pay to the estate of the Executive the all compensation which would otherwise be payable to the and bonuses (on a pro rata basis) due Executive up to the end as of the month in which date of his death occursdeath. 8.

Appears in 1 contract

Samples: Employment Agreement (Bioxide Corp)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this This Agreement shall terminate as of the date of upon Executive's death, and the Company shall pay to Executive's surviving spouse, or if none, to the estate executors and administrators of Executive's estates, all amounts due to Executive due as of the Executive the compensation which would otherwise be payable date of death. The Company shall not have obligations to the Executive up to the end of the month in which his death occurspay severance or provide other benefits.

Appears in 1 contract

Samples: Executive Employment Agreement (Rainmaker Systems Inc)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreement, this This Agreement shall terminate as of upon the date of Executive's death. In such event, and the Company Corporation shall pay a death benefit equal to the estate of Executive's base monthly salary for the Executive the compensation which would otherwise be payable to the Executive up to the end balance of the month in which of the Executive's death and for the month following his death occurs.death. Any amounts payable under this Agreement

Appears in 1 contract

Samples: Employment Agreement (Convergent Group Corp)

Death During Employment. If the Executive dies during the term of employment provided for in this Agreementhis employment, this Agreement shall terminate as of the date of death, and the Company shall pay to the estate of the Executive the compensation which would otherwise be payable to the Executive up to the end of the month period remaining under the terms and conditions of this Agreement, and the Company shall have no further obligations under this Agreement or otherwise in which his death occursrespect of Executive’s employment. All back salary, if owed, would be due and payable and all personal guarantees would be removed pursuant to Section 4.8 below.

Appears in 1 contract

Samples: Executive Employment Agreement (GenuTec Business Solutions, Inc.)

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