Death of the employee in which case payment shall be made to the surviving spouse, or if there is no surviving spouse, to the employee’s estate. Payment for sick leave under this policy shall be considered to eliminate all sick leave credit accrued by the employee at that time. Such payment shall be made within thirty
Death of the. Contract Owner -- Distribution to be made in a manner consistent with the "Death of Contract Owner" provisions of this Contract.
Death of the. OWNER WHO IS NOT THE ANNUITANT PRIOR TO THE ANNUITY STARTING DATE Upon the death of any Owner, who is not the same as the Annuitant, the account value of the Net Single Premium Payment must be paid by the end of the calendar year containing the fifth anniversary of that Owner's death. However, each person who is or becomes an Owner in accordance with the Rights of Succession (Article 6, section 6.01) may elect to have the entire interest paid over his or her lifetime or over a period not exceeding his or her life expectancy. Payments are to begin on or before the end of the calendar year immediately following the year in which the Owner or Joint Owner died. Refer to Lifetime Income Payout Option (Article 6, section 6.10) for additional restrictions on Lifetime Only Payout Options.
Death of the. Dealer Principal named in the Dealer Ownership and Management Exhibit will result in the immediate termination of this agreement unless the provisions of Article 8.2 apply. [LAND ROVER LOGO]
