In Case of Death. If the Optionee dies prior to the termination of this Option, the Option may be exercised within one (1) year after the death of the Optionee by the personal representative of this estate, or by a person who acquired the right to exercise the Option by bequest, inheritance, or by reason of the death of the Optionee, provided that:
In Case of Death. If an employee dies, CMG will pay the beneficiary, or the employee's estate if no beneficiary has been designated, an amount of severance pay equal to one week for every 4.5 months worked up to a maximum of thirty-nine (39) weeks pay, such pay to be computed at the highest weekly compensation received by the employee during his or her service with CMG.
In Case of Death. In the case of the death of an employee, in the employ of the Board, one hundred percent (100%) of the employees accumulated sick leave credits shall be paid to the employees beneficiary or the employees estate if no beneficiary.
In Case of Death. Should termination be caused by the death of an employee, the legal heir(s) of said employee will be entitled to receive payment for that vacation to which the employee was entitled; provided said heir(s) provide sufficient documentation to the Employer of their status as the employee’s legal heir(s).
In Case of Death. If the Optionee dies prior to the termination of this Option, the Option may be exercised within one (1) year after the death of the Optionee by the personal representative of this estate, or by a person who acquired the right to exercise the Option by bequest, inheritance, or by reason of the death of the Optionee, provided that: (1) the Optionee died while an employee of the Company or a Subsidiary; or (2) the Optionee ceased to be an employee of the Company or a Subsidiary on account of physical or mental disability and died within three (3) months after the date on which he ceased to be such employee. The Option may be exercised only as to the number of shares for which the Optionee could have exercised at the time the Optionee died. In no event may the Option be exercised after the expiration of ten (10) years from the Date of Grant. (d)
In Case of Death. If an eligible employee shall die before the end of the twelve (12) month period, the credit vacation pay of such deceased employee shall be paid to the person designated by such deceased employee as the beneficiary under the group life insurance carried by him under the insurance program.
In Case of Death. In case of death of an employee during the contract period, the foreign principal shall agree to repatriate the remains of the deceased, including his personal belongings and savings on the expenses of the foreign principal.
In Case of Death. In case of the death of an employee during the notice period, any payment entitlements arising from this agreement will be paid to the deceased estate.
In Case of Death. Basic Life Insurance benefit paid to your beneficiary on death from any cause. WHO PAYS?* Library pays 100% of the premium of this plan. CONTRACT Manulife Contract 38252 PLAN OPTIONAL LIFE INSURANCE ➢ full-time employees and part-time employees (working 17.5 hours/week based on the average working day formula) ➢ eligible dependent spouse WHAT’S PROVIDED ➢ Additional life insurance is available for you and your eligible dependent spouse in units of $10,000 to a maximum of $700,000 per covered individual ➢ Evidence of insurability is required for new coverage or additional amounts of coverage WHAT HAPPENS TO MY BENEFITS… IN CASE OF DISABILITY? Following six months of disability, you may qualify to have your coverage remain in effect without IN CASE OF DEATH? Optional Life Insurance benefit paid to your beneficiary in premium payment. However, until approved by the carrier, you will the case of your death. Conversion option need to continue paying premiums. for your eligible dependent spouse. IN CASE OF LEAVE? Coverage continues during all types of leave WHO PAYS?* You pay the full premium provided you pay the full premium cost in advance. cost.
In Case of Death. If death is accidental, full coverage amount is paid to your beneficiary. WHO PAYS?* You pay the full premium cost. CONTRACT OKE 10 28. 65 PLAN SHORT TERM DISABILITY (INCOME PROTECTION PLAN) ➢ full-time employees and part-time employees (working 14 hours/week based on the average working day formula) WHAT’S PROVIDED ➢ Benefit level varies between 100% and 66 2/3% of pre-disability basic earnings, depending on length of service with the Library. WHAT HAPPENS TO MY BENEFITS… IN CASE OF DISABILITY? Maximum benefit period is 17 weeks per IN CASE OF DEATH? Coverage ends. calendar year. IN CASE OF LEAVE? Coverage ends.
