Common use of Termination of Employment upon Death Clause in Contracts

Termination of Employment upon Death. If Executive's employment is terminated by reason of death, his estate shall be entitled to receive only the Base Salary to which Executive was entitled through the date of death, any accrued unpaid bonus compensation (calculated on a pro rata basis) due to Executive with respect to the calendar year prior to and the calendar year in which the Termination Date occurs, and such other benefits as may be available to Executive or his estate through ISG's benefit plans and policies.

Appears in 4 contracts

Samples: Employment Agreement (International Steel Group Inc), Employment Agreement (International Steel Group Inc), Employment Agreement (International Steel Group Inc)

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Termination of Employment upon Death. If Executive's employment is terminated by reason of death, his estate shall be entitled to receive only the Base Salary to which the Executive was entitled through the date of deathTermination Date, any accrued unpaid bonus or incentive compensation (calculated on a pro rata basis) due to the Executive with respect to the calendar year prior to and the a calendar year in which the Termination Date occurs, and such other benefits as may be available to the Executive or his estate through ISGFirstMerit's benefit plans and policies.

Appears in 2 contracts

Samples: Employment Agreement (Firstmerit Corp /Oh/), Employment Agreement (Firstmerit Corp /Oh/)

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Termination of Employment upon Death. If Executive's employment is terminated by reason of deathDeath, his estate shall be entitled to receive only the Executive's Base Salary to which Executive he was entitled through the date of deathTermination Date, any accrued unpaid bonus compensation (calculated on a pro rata basis) due to Executive with respect to the calendar a year prior to and the calendar year in which the Termination Date occurstermination occurred, and such other benefits as may be available to Executive him or his estate through ISGFirstMerit's benefit plans and policiespolicies (including the Membership Agreement entered into in connection with the SERP as described in Section 5.1(C)).

Appears in 2 contracts

Samples: Employment Agreement (Firstmerit Bank Na), Employment Agreement (Firstmerit Corp /Oh/)

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