Common use of Payments to Beneficiary Clause in Contracts

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

Appears in 19 contracts

Samples: Change in Control Agreement (Nicor Inc), Change in Control Agreement (Nicor Inc), Change of Control Severance Agreement (Metris Companies Inc)

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Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s 's estate.

Appears in 16 contracts

Samples: Exhibit 3 Employment Agreement (Questrom Allen), Control Agreement (Safety Kleen Corp/), Employment Agreement (Barneys New York Inc)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s 's estate.

Appears in 10 contracts

Samples: Employment Agreement (Solo Texas, LLC), Employment Agreement (Solo Texas, LLC), Employment Agreement (Solo Texas, LLC)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, or if a “Beneficiary”). If none is so designated, to the Executive’s estateestate shall be his or her Beneficiary.

Appears in 10 contracts

Samples: Control Severance Agreement (WPX Energy, Inc.), Control Severance Agreement (WPX Energy, Inc.), Control Severance Agreement (WPX Energy, Inc.)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, a “Beneficiary”), or if none is so designated, to the Executive’s estate.

Appears in 8 contracts

Samples: Control Employment Agreement (Allstate Corp), Control Employment Agreement (Russell Corp), Control Employment Agreement (Allstate Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, a "Beneficiary "), or if none is so designated, to the Executive’s 's estate.

Appears in 5 contracts

Samples: Employment Agreement (Russell Corp), Employment Agreement (Russell Corp), Employment Agreement (Russell Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is has become entitled under this Agreement, such amounts shall be paid as soon as administratively practicable in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

Appears in 4 contracts

Samples: Change in Control Severance Agreement (ClubCorp Holdings, Inc.), Change in Control Severance Agreement (ClubCorp Holdings, Inc.), Change in Control Severance Agreement (ClubCorp Holdings, Inc.)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, or if a "Beneficiary"). If none is so designated, to the Executive’s estate's estate shall be his or her Beneficiary.

Appears in 3 contracts

Samples: Employment Agreement (Principal Financial Group Inc), Employment Agreement (Commonwealth Edison Co), Control Severance Agreement (Williams Companies Inc)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum accordance with the terms of this Agreement to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

Appears in 3 contracts

Samples: Employment Agreement (Pliant Corp), Employment Agreement (Pliant Corp), Employment Agreement (Pliant Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, a "Beneficiary"), or if none is so designated, to the Executive’s 's estate.

Appears in 2 contracts

Samples: Control Employment Agreement (Allstate Corp), Control Employment Agreement (Allstate Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

Appears in 2 contracts

Samples: Employment Agreement (Solo Cup CO), Employment Agreement (Kimball Hill, Inc.)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate (subject to the provision of a waiver and release of all claims as provided at Section 3.1(d) by such beneficiary or legal representative of Executive’s estate, as the case may be, if not provided by the Executive).

Appears in 1 contract

Samples: Severance Protection Agreement (Usf Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled to under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s 's estate.

Appears in 1 contract

Samples: Control Agreement (Peco Energy Co)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, or if a “Beneficiary”). If none is so designated, to the Executive’s estateestate shall be her Beneficiary.

Appears in 1 contract

Samples: Control Employment Agreement (Exelon Corp)

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Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, or if a “Beneficiary”). If none is so designated, to the Executive’s estateestate shall be his or her Beneficiary.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Payments to Beneficiary. If the Executive dies before receiving ----------------------- amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, a "Beneficiary"), or if none is so designated, to the Executive’s 's ----------- estate.

Appears in 1 contract

Samples: Employment Agreement (McDonalds Corp)

Payments to Beneficiary. If the Executive dies before receiving the amounts to which the Executive he is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s estate.

Appears in 1 contract

Samples: Severance Protection Agreement (Buffets Holdings, Inc.)

Payments to Beneficiary. If the Executive dies before receiving the amounts to which the Executive he is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s 's estate.

Appears in 1 contract

Samples: Severance Protection Agreement (Buffets Inc)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the Executive (each, a "Beneficiary"). Executive, without the consent of any prior Beneficiary, may change his designation of Beneficiary or if Beneficiaries at any time or from time to time by submitting to the Company a new designation in writing. If none is so designated, to the Executive’s estate's estate shall be his or her Beneficiary.

Appears in 1 contract

Samples: Employment Agreement (Exelon Corp)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary one or more beneficiaries designated in writing by the ExecutiveExecutive (each, or if none a “Beneficiary”). If no Beneficiary is so designated, to the Executive’s estate.estate shall be his Beneficiary. RETIREMENT AGREEMENT GXXXXXXX XXXXXXXX

Appears in 1 contract

Samples: Retirement Agreement (Doyen Elements, Inc.)

Payments to Beneficiary. If the Executive dies before receiving amounts to which the Executive is entitled under this AgreementSupplement and Amendment, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, 's Beneficiary (or if none is so designated, to the Executive’s estate).

Appears in 1 contract

Samples: Employment Agreement (Principal Financial Group Inc)

Payments to Beneficiary. If the Executive dies before receiving ----------------------- amounts to which the Executive is entitled under this Agreement, such amounts shall be paid in a lump sum to the beneficiary designated in writing by the Executive, or if none is so designated, to the Executive’s 's estate.

Appears in 1 contract

Samples: Control Agreement (Commonwealth Edison Co)

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