Common use of Termination Upon Death of Executive Clause in Contracts

Termination Upon Death of Executive. In addition to any other provision relating to termination, this Agreement shall terminate upon the Executive's death. In such event, the severance compensation as set forth in Section 3.6 of this Agreement (paid as if there was a non-negotiated change in control of the Company) and compensation for vacation time not taken by Executive shall be paid to the Executive's estate.

Appears in 4 contracts

Samples: Employment Agreement (Sport Haley Inc), Executive Employment Agreement (Sport Haley Inc), Executive Employment Agreement (Sport Haley Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.