Common use of Executive’s Death Clause in Contracts

Executive’s Death. If Executive dies after a Change in Control and Employment Termination, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay such amount or benefit to the Executive’s spouse, if living, or to the Executive’s estate.

Appears in 3 contracts

Samples: Employment Security Agreement (Smurfit Stone Container Corp), Employment Security Agreement (Smurfit Stone Container Corp), Employment Security Agreement (Smurfit Stone Container Corp)

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Executive’s Death. If Executive dies during the term of this Agreement and after a Change in Control and Employment Termination, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay such amount or benefit to the Executive’s 's spouse, if living, or to the Executive’s 's estate.

Appears in 1 contract

Samples: Control Agreement (Heller Financial Inc)

Executive’s Death. If Executive dies after a Change in Control and Employment Termination, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay such amount or or, benefit to the Executive’s 's spouse, if living, or to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Security Agreement (Jefferson Smurfit Corp /De/)

Executive’s Death. If the Executive dies after both a Change in Control and an Employment TerminationTermination have occurred, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay the remainder of such amount or benefit to the Executive’s spouse, if living, or to the Executive’s estate.

Appears in 1 contract

Samples: Employment Security Agreement (SMURFIT-STONE CONTAINER Corp)

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Executive’s Death. If Executive dies after a Change in Control and Employment Termination, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay such amount or benefit to the Executive’s 's spouse, if living, or to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Security Agreement (Jefferson Smurfit Corp /De/)

Executive’s Death. If the Executive dies during the term of this Agreement and after a Change in Control and Employment Termination, but before the complete payment of any amount or benefit required under this Agreement, the Company will pay such that amount or benefit to the Executive’s 's spouse, if living, or to the Executive’s 's estate.

Appears in 1 contract

Samples: Control Agreement (Heller Financial Inc)

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