he dies Sample Clauses
The "he dies" clause establishes the legal consequences or procedures that take effect upon the death of a specified individual, typically a party to the agreement. In practice, this clause may dictate the transfer of rights, obligations, or property to heirs, beneficiaries, or other designated parties, and can trigger the termination or continuation of certain contractual terms. Its core function is to provide clarity and certainty regarding the handling of contractual matters in the event of a party's death, thereby preventing disputes and ensuring a smooth transition or resolution.
he dies. In the event that the office of a Trustee is vacated, a Trustee shall be appointed in his stead, provided that:
he dies. A unanimous resolution of the directors (excluding the director the subject of this Article) declaring a director to have ceased to be a director under the terms of this Article is conclusive as to the fact and grounds of cessation stated in the resolution.
he dies. A Participant shall at all times be vested in his entire Special Employee Contributions and Employee-Elected Company Contributions Accounts. SECTION 8
he dies. If a Disabled Participant has met the requirements to receive a pension under Section 4.3 or 6.2, such Participant may elect as his Benefit Commencement Date any date as may be provided under the applicable Section. When a Disabled Participant ceases to be such his current disability benefit shall end, and he shall be entitled, if he has not previously elected a Benefit Commencement Date in accordance with the preceding sentence, to a pension under the other provisions of the Plan, applied on the basis of his Separation from Service due to his Total Disability.
he dies. 2.11 Removal of Panel Member: All SEF Members whose Weighted Votes were cast in favour of a Panel Member in an election pursuant to Clause 66.6 may, at any time and from time to time, agree acting collectively and unanimously that such Panel Member shall be removed and replaced by another individual. Such removal and replacement shall be notified to the relevant Panel Member, the Secretary of the relevant Panel and to the Secretary of the SEF and shall take effect on notice being received by the Secretary of the SEF, provided that no such notice shall be given during any meeting of the relevant Panel.