Common use of Executive’s Death Clause in Contracts

Executive’s Death. In the event of Executive's death, all of Company's obligations under this Agreement shall terminate immediately. Executive's estate shall receive compensation due under Section 3 of this Agreement and Executive's benefits due under Section 4 of this Agreement through the date of death plus any additional insurance benefit provided by the benefits plan.

Appears in 7 contracts

Sources: Employment Agreement (Renewable Fuel Corp), Employment Agreement (Renewable Fuel Corp), Employment Agreement (Renewable Fuel Corp)

Executive’s Death. In the event of Executive's death, all of Company's obligations under this Agreement shall terminate immediately. Executive's estate shall receive compensation due under Section 3 of this Agreement and Executive's benefits due under Section 4 or 5 of this Agreement through for a period of two years following the date of death death, plus any additional insurance benefit provided by the benefits plan.

Appears in 3 contracts

Sources: Employment Agreement (Renewable Fuel Corp), Employment Agreement (Renewable Fuel Corp), Employment Agreement (Renewable Fuel Corp)

Executive’s Death. In the event of Executive's death, all of Company's obligations under this Agreement shall terminate immediately. Executive's estate shall receive compensation due under Section 3 of this Agreement and Executive's benefits due under Section Sections 4 and 5 of this Agreement through the date of death plus any additional insurance benefit provided by the benefits plan.

Appears in 1 contract

Sources: Employment Agreement (Cirtran Corp)