Common use of Termination in the Event of Death or Disability Clause in Contracts

Termination in the Event of Death or Disability. (a) If Executive dies, his designated beneficiaries, or if none, his estate, shall be entitled to the proceeds from Executive’s life insurance coverage described in Section 2.6 and all benefits specified in Section 5.1.

Appears in 7 contracts

Samples: Key Employee Agreement (Nic Inc), Key Employee Agreement (Nic Inc), Key Employee Agreement (Nic Inc)

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Termination in the Event of Death or Disability. (a) If Executive dies, his her designated beneficiaries, or if none, his her estate, shall be entitled to the proceeds from Executive’s life insurance coverage described in Section 2.6 and all benefits specified in Section 5.1.

Appears in 3 contracts

Samples: Key Employee Agreement (Nic Inc), Employee Agreement (Nic Inc), Employee Agreement (Nic Inc)

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