Death While Employed by the Corporation Sample Clauses
The 'Death While Employed by the Corporation' clause outlines the procedures and entitlements that apply if an employee passes away during their employment. Typically, this clause specifies what compensation, benefits, or payments are due to the employee's estate or beneficiaries, such as unpaid salary, accrued vacation, or life insurance proceeds. Its core function is to ensure that the employee's rights and benefits are clearly addressed in the event of death, providing certainty and support for their survivors while minimizing potential disputes.
Death While Employed by the Corporation. In the event Employee dies while employed by the Corporation, any benefits payable under this Appendix A shall be determined in accordance with Section 6.