Common use of Payment Upon Death of Employee Clause in Contracts

Payment Upon Death of Employee. In the event of the death of Employee, any unpaid payments due either prior to Employee’s death or after Employee’s death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to Employer. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his death, or withdraws all such designations, said payments thereafter shall be made to Employee’s estate.

Appears in 8 contracts

Samples: Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Victor Technologies Group, Inc.), Executive Employment Agreement (Thermadyne Holdings Corp /De)

AutoNDA by SimpleDocs

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s 's death or after Employee’s 's death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his deathdesignate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee’s 's estate.

Appears in 8 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s death or after Employee’s death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his death, or withdraws all such designations, said payments thereafter shall be made to Employee’s estate.

Appears in 7 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s 's death or after Employee’s 's death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his deathdesignate, or withdraws all such designations, said payments thereafter shall be made to the Employee or the Employee’s 's estate.

Appears in 4 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Employment Agreement (Thermadyne Holdings Corp /De), Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s 's death or after Employee’s 's death in accordance with the terms of this Agreement or after Employee's death shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his deathdesignate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee’s 's estate.

Appears in 2 contracts

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De), Executive Employment Agreement (Thermadyne Holdings Corp /De)

AutoNDA by SimpleDocs

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s 's death or after Employee’s 's death in accordance with the terms of this Agreement or after Employee's death shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by the Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his deathdesignate, or withdraws all such designations, said payments thereafter shall be made to the Employee or to Employee’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s death or after Employee’s death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his her death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his her death, or withdraws all such designations, said payments thereafter shall be made to Employee’s estate.

Appears in 1 contract

Samples: Executive Employment Agreement (Thermadyne Holdings Corp /De)

Payment Upon Death of Employee. In the event of the death of EmployeeEmployee during the term hereof, any unpaid payments due either prior to Employee’s 's death or after Employee’s 's death in accordance with the terms of this Agreement shall be payable as designated by Employee prior to his death in writing to EmployerEmployers. In the event of the death of all such persons so designated by Employee, either prior to the death of the Employee or during any time when payments are due as provided herein, or in the event Employee fails to so designate prior to his death, or withdraws all such designations, said payments thereafter shall be made to Employee’s 's estate.

Appears in 1 contract

Samples: Executive Employment Agreement (C&g Systems Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.