Common use of Payee Clause in Contracts

Payee. This death benefit shall be payable to Employee's (a) surviving spouse if Employee is married on his date of death, or (b) Beneficiary if Employee is not married on his date of death. "Surviving spouse" for purposes of this Section 6.2 means the spouse to whom Employee is married on his date of death.

Appears in 7 contracts

Samples: Employment Agreement (MKS Instruments Inc), Employment Agreement (MKS Instruments Inc), Employment Agreement (MKS Instruments Inc)

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Payee. This death benefit shall be payable to Employee's ’s (a) surviving spouse if Employee is married on his date of death, or (b) Beneficiary if Employee is not married on his date of death. "Surviving spouse" for purposes of this Section 6.2 means the spouse to whom Employee is married on his date of death.

Appears in 5 contracts

Samples: Separation Agreement (MKS Instruments Inc), Employment Agreement (MKS Instruments Inc), Whereas (MKS Instruments Inc)

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