Common use of Salary Continuation Benefits Clause in Contracts

Salary Continuation Benefits. If the Employee dies during the period of his employment as an officer of the Company, then the Company shall pay to the Employee’s Beneficiary the following:

Appears in 3 contracts

Samples: Executive Benefits Plan Agreement (Centerpoint Energy Inc), Executive Benefits Plan Agreement (Centerpoint Energy Inc), Executive Benefits Plan Agreement (Centerpoint Energy Inc)

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Salary Continuation Benefits. If the Employee dies during the period of his employment as an officer of the Company, or dies during a period of disability as described in (a) above, which disability had commenced while Employee was employed as an officer of the Company, then the Company shall pay to the Employee’s Beneficiary the following:

Appears in 3 contracts

Samples: Executive Benefits Plan Agreement (Centerpoint Energy Inc), Executive Benefits Plan Agreement (Centerpoint Energy Inc), Executive Benefits Plan Agreement (Centerpoint Energy Inc)

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