Common use of Termination Upon Death of Executive Clause in Contracts

Termination Upon Death of Executive. If during the term of this Agreement the Executive shall die, then the employment of the Executive by the Company shall automatically terminate on the date of the Executive's death. In such event, not more than thirty (30) days after the date of the Executive's death, the Company shall pay to the Executive's estate or as otherwise directed by the Executive's personal representative, an amount in cash equal to the Executive's Compensation (subject to applicable payroll and/or other taxes required by law to be withheld) determined as of the date of the Executive's death.

Termination Upon Death of Executive. If during the term of this Agreement the Executive shall die, then the employment of the Executive by the Company GLDI shall automatically terminate on the date of the Executive's death. In such event, not more than thirty (30) days after the date of the Executive's death, the Company GLDI shall pay to the Executive's estate or as otherwise directed by the Executive's personal representativerepresentative or executor, an amount in cash equal to the Executive's Compensation (subject to applicable payroll and/or other taxes required by law to be withheld) determined as of the date of the Executive's death.

Termination Upon Death of Executive. If during the term of this Agreement the Executive shall die, then the employment of the Executive by the Company shall automatically terminate on the date of the Executive's death. In such event, not more than thirty (30) days after the date of the Executive's death, the Company shall pay to the Executive's estate or as otherwise directed by the Executive's personal representative, an amount in cash equal to the Executive's Compensation Salary (subject to applicable payroll and/or other taxes required by law to be withheld) determined as of the date of the Executive's death.

Termination Upon Death of Executive. If during the term of this Agreement the Executive shall die, then the employment of the Executive by the Company shall automatically terminate on the date of the Executive's death. In such event, not more than thirty (30) days after the date of the Executive's death, the Company shall pay to the Executive's estate or as otherwise directed by the Executive's personal representative, an amount in cash equal to any accrued and unpaid compensation due to the Executive's Compensation Executive (subject to applicable payroll and/or other taxes required by law to be withheld) determined as of the date of the Executive's death.