Effect of Death. If Executive dies during the term of this Agreement, but prior to any renewal period which has not commenced at least thirty (30) days prior to the date of death, compensation payments shall continue and shall be made payable to Executive’s widow, or, if Executive’s widow predeceases Executive, then to Executive’s estate, in equal monthly installments. The total of these payments shall equal the Compensation and bonuses provided for in Paragraph 4(a) above. Such payments shall commence in the month following the date of Executive’s death.
Appears in 7 contracts
Samples: Employment Agreement (Resourcing Solutions Group Inc), Employment Agreement (Roadships Holdings, Inc.), Employment Agreement (Homeland Integrated Security Systems, Inc.)
