Common use of Rights of Executive Clause in Contracts

Rights of Executive. This Agreement and all rights of the ------------------- Executive hereunder shall inure to the benefit of and be enforceable by the Executive's personal or legal representatives, executors, administrators, successors, heirs, distributees, devises and legatees. If the Executive should die while any amounts would still be payable to him hereunder if he had continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to the Executive's devise, legatee or other designee or, if there be no such designee, to the Executive's estate.

Appears in 6 contracts

Samples: Executive Employment Agreement (Grace Development Inc), Employment Agreement (Grace Development Inc), Executive Employment Agreement (Grace Development Inc)

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