Common use of Termination upon Death Clause in Contracts

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 22 contracts

Samples: Employment Agreement (Znergy, Inc.), Employment Agreement (Innovative Software Technologies Inc), Employment Agreement (BMB Munai Inc)

AutoNDA by SimpleDocs

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 16 contracts

Samples: Employment Agreement (Gunther International LTD), Employment Agreement (Gunther International LTD), Employment Agreement (Integrated Communication Networks Inc)

Termination upon Death. If this Agreement the Executive's employment is terminated because by reason of the Executive's deathdeath during the Term, the Executive will be entitled this Agreement shall terminate without further obligations to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationlegal representatives under this Agreement, if anyother than for (i) payment of Accrued Obligations (which shall be paid to the Executive's estate or beneficiary, for the Fiscal Year during which his death occursas applicable, prorated through the end in a lump sum in cash within 30 days of the calendar month during Date of Termination) and (ii) the timely payment or provision of any and all Other Benefits, which his death occursunder their terms are available in the event of death.

Appears in 12 contracts

Samples: Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc), Employment Agreement (Gulfmark Offshore Inc)

Termination upon Death. If This Agreement will terminate if Executive dies during the term of this Agreement, effective on the date of his death. Any payments that are owing to Executive under this Agreement is terminated because or otherwise at the time of the Executive's death, the Executive his death will be entitled made to receive whomever Executive may designate in writing as his Salary through beneficiary, or absent such a designation, to the end executor or administrator of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursestate.

Appears in 11 contracts

Samples: Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc), Employment Agreement (Level One Bancorp Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationCompensation (including the number of shares included in the option provided for herein), if any, for the Fiscal Year year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 10 contracts

Samples: Employment Agreement (Vertical Health Solutions Inc), Employment Agreement (Dynamic Health Products Inc), Employment Agreement (Nutriceuticals Com Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursplus a Severance Benefit.

Appears in 9 contracts

Samples: Employment Agreement (Lion Inc/Wa), Employment and Non Competition Agreement (Lion Inc/Wa), Employment Agreement (Lion Inc/Wa)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 8 contracts

Samples: Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp), Employment Agreement (Accupoll Holding Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Company shall pay Executive’s estate or designated beneficiary the Executive’s Salary and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 7 contracts

Samples: Employment Agreement (Monaker Group, Inc.), Employment Agreement (Monaker Group, Inc.), Employment Agreement (Monaker Group, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 7 contracts

Samples: Employment Agreement (Znergy, Inc.), Employment Agreement (Metrocorp Bancshares Inc), Escrow Agreement (Primal Solutions Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Company shall (A) pay Executive’s estate or designated beneficiary the Executive’s Salary, Bonus and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 5 contracts

Samples: Employment Agreement (Next 1 Interactive, Inc.), Employment Agreement (Next 1 Interactive, Inc.), Employment Agreement (Next 1 Interactive, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 5 contracts

Samples: Escrow Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc), Employment Agreement (Craftmade International Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationbonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Samples: Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc), Employment Agreement (Net Value Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the ---------------------- Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Samples: Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc), Employment Agreement (Webb Interactive Services Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his the Executive’s Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his ’s death occurs.

Appears in 4 contracts

Samples: Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.), Executive Employment Agreement (Grove, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his the Executive's death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive's death occurs, prorated through the end date of the calendar month during which his death occursExecutive's death.

Appears in 4 contracts

Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 4 contracts

Samples: Executive Employment Agreement (Astera Labs, Inc.), Executive Employment Agreement (Astera Labs, Inc.), Employment Agreement (Badu Holdings, Inc.)

Termination upon Death. If the Executive dies during the Term, this Employment Agreement is terminated because shall terminate and the Company shall pay to the Executive (i) all Base Salary and benefits from the Company and its employee benefit plans earned and accrued as of the Executive's deathdate of termination and (ii) a pro rata amount of his annual Incentive Bonus in accordance with the terms of the Plan, the Executive will be entitled to receive his Salary through determined at the end of the calendar month fiscal year in which his the Executive’s death occursoccurred, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated pro rated through the end date of the calendar month during which his death occurstermination.

Appears in 4 contracts

Samples: Employment Agreement (Perkins & Marie Callender's Inc), Employment Agreement (Perkins & Marie Callender's Inc), Employment Agreement (Perkins & Marie Callender's Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary through the end of the calendar month in which his death occursoccurs and Executive’s estate will not be entitled to any additional compensation, and that part including any Incentive Compensation for the year during which such termination occurs or any subsequent year of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursEmployment Period.

Appears in 3 contracts

Samples: Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.), Employment Agreement (Resaca Exploitation, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Executive’s Salary through the end of the calendar month in which his Executive’s death occursoccurs and any accrued and payable, and that part of the Executive's Incentive Compensationbut unpaid, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursbonus or bonuses.

Appears in 3 contracts

Samples: Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc), Executive Employment Agreement (SearchPath International Inc)

Termination upon Death. If this Agreement In the event that the Executive's employment is terminated because of the Executive's death, the Executive Company will be entitled pay to receive the Employee's estate his Salary base salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end remainder of the calendar month during which his the death occursoccurred and for three consecutive months thereafter. Thereafter, the Company shall have no further obligation to the Executive under this Agreement.

Appears in 3 contracts

Samples: Employment Agreement (Easylink Services Corp), Employment Agreement (Mail Com Inc), Employment Agreement (Easylink Services Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of Company shall pay Executive's estate or designated beneficiary the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated Salary and other benefits earned or accrued through the end date of the calendar month during which his death occursdeath.

Appears in 3 contracts

Samples: Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary her Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his her death occurs.

Appears in 3 contracts

Samples: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Death. If this Agreement is terminated because ---------------------- of the Executive's death, the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his the Executive's death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive's death occurs, prorated through the end date of the calendar month during which his death occursExecutive's death.

Appears in 2 contracts

Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (DDS Technologies Usa Inc), Employment Agreement (DDS Technologies Usa Inc)

Termination upon Death. If the Executive dies during the Term, this Agreement is terminated because of shall terminate; provided, however, that in any such event, the Company shall pay to the Executive's death, estate (i) any portion of the Annual Salary and any accrued Incentive Bonuses that shall have been earned by the Executive will be entitled prior to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.termination but not yet paid,

Appears in 2 contracts

Samples: Employment Agreement (Chiles Magellan LLC), Employment Agreement (Chiles Offshore LLC)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his the Executive’s Salary through the end of the calendar month in which his the Executive’s death occurs, and that part of Incentive Compensation (if the Executive's Incentive Compensation, if any, applicable Performance Targets are met) for the Fiscal Year during which his the Executive’s death occurs, prorated through the end date of the calendar month during which his death occursExecutive’s death.

Appears in 2 contracts

Samples: Employment Agreement (Endo Pharmaceuticals Holdings Inc), Employment Agreement (Endo Pharmaceuticals Holdings Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive Executive's estate will be entitled to receive his Salary Basic Compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (Stonepath Group Inc), Employment Agreement (Stonepath Group Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary and Benefits through the end of the calendar month in which his death occurs, . The Executive shall be entitled to receive the vested portions of his Incentive Compensation and that part Nonincentive Compensation and to a pro rata portion of his Incentive Compensation and Nonincentive Compensation for the year during which the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursbut shall not be entitled to any other Incentive Compensation or Nonincentive Compensation for or any subsequent year.

Appears in 2 contracts

Samples: Employment Agreement (Geokinetics Inc), Employment Agreement (Geokinetics Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Company shall pay Executive’s estate or designated beneficiary the Executive’s Salary and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 2 contracts

Samples: Employment Agreement (Nestbuilder.com Corp.), Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive Executive’s estate will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs. All payments under this paragraph shall be made no later than March 15 of the calendar year immediately following the calendar year in which Executive’s death occurs.

Appears in 2 contracts

Samples: Employment Agreement (Metrocorp Bancshares Inc), Employment Agreement (Metrocorp Bancshares Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary and Benefits through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (Continental Conveyor & Equipment Co), Employment Agreement (Continental Conveyor & Equipment Co)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of . Any bonuses which the Executive would have become entitled to had he lived throughout the full fiscal year under the Company's Officers Bonus Plan when determined for the year in which the Executive's Incentive Compensation, if any, for death occurred shall be prorated and paid to the Fiscal Year during which his death occurs, prorated through the end date of the calendar month during which his death occursdeath.

Appears in 2 contracts

Samples: Employment Agreement (Hach Co), Employment Agreement (Hach Co)

AutoNDA by SimpleDocs

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part a prorated amount of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year Calendar year during which his death occurs, using the EBIT for the calendar year, with the amount of such Executive’s Incentive Compensation being a prorated amount on the basis of the number of months through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (Semco Energy Inc), Employment Agreement (Semco Energy Inc)

Termination upon Death. If this Agreement is terminated ----------------------- because of the Executive's death, the Executive will be entitled to receive his Salary salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 2 contracts

Samples: Employment Agreement (Jameson Inns Inc), Employment Agreement (Jameson Inns Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Base compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive CompensationBonus compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Arrayit Diagnostics, Inc.)

Termination upon Death. If this Agreement is terminated because because. of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Accupoll Holding Corp)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs. However, the Executive will not be entitled to any Incentive Compensation for any period subsequent to the date on which termination is effective, provided, however, that Incentive Compensation pursuant to Sections 3.2(A) and that part (B) shall be payable if, as of the Executive's Incentive Compensationdate of termination, if any, for there is then pending before the Fiscal Year during Bankruptcy Court a Plan of Reorganization which his death occurs, prorated through the end of the calendar month during which his death occursis thereafter confirmed by such Court.

Appears in 1 contract

Samples: Employment Agreement (Grant Geophysical Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary Basic Compensation only through the end of the calendar month in which his death occursdate such termination is effective, and that part of the Executive's Incentive Compensation’s accrued bonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs. If this Agreement is terminated as a result of the Executive’s death, Executive shall be entitled to receive that amount of Shares that would have vested through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (CannLabs, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through (i) the end Executive's Base compensation for the remainder, if any, of the calendar month in which his death occursoccurs and for twelve consecutive calendar months thereafter, and (ii) that part portion of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Mint Leasing Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Employer will pay to the Executive will be entitled to receive his the Executive's Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Eagle Supply Group Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Basic Compensation and Benefits through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Continental Conveyor & Equipment Co)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's ’s Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.. Initials _________ _________ Executive Employer

Appears in 1 contract

Samples: Employment Agreement (Znergy, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's ’s death, the Executive will be entitled to receive his Salary Base compensation through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation’s Bonus compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Deep Down, Inc.)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his her Salary through the end of the calendar month in which his her death occurs, and that part of the Executive's Incentive CompensationBonus, if any, for the Fiscal Year during which his her death occurs, prorated through the end of the calendar month during which his her death occurs.

Appears in 1 contract

Samples: Employment Agreement (Craftmade International Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year fiscal year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Microsignal Corp/Nv)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary Company shall pay Executive’s estate or designated beneficiary the Executive’s salary, Bonus and other benefits earned or accrued through the end date of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursdeath.

Appears in 1 contract

Samples: Employment Agreement (Realbiz Media Group, Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive Executive's personal representative will be entitled to receive his the Executive's Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Shaw Industries Inc)

Termination upon Death. If this Agreement is terminated ---------------------- because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensationbonus compensation, if any, for the Fiscal Year calendar year during which his death occurs, prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Net Value Holdings Inc)

Termination upon Death. If the Executive's employment under this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive receive, and the Company will pay the Executive, his Base Salary through the end of the calendar month in date on which his death occurs, and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occurs.. (ii)

Appears in 1 contract

Samples: Employment Contract (Maverick Tube Corporation)

Termination upon Death. If the Executive's employment pursuant to this Agreement is terminated because of the Executive's death, the Executive Executive's estate will be entitled to receive his Executive's Salary through the end of the calendar month in which his death occurs, and that part of the Executive's Incentive Compensation, if any, Bonus for the Fiscal Year calendar year during which his death occurs, in each case prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Employment Agreement (Dean & Deluca Inc)

Termination upon Death. If this Agreement is terminated because of the Executive's death, the Executive will be entitled to receive his Salary through the end of the calendar month in which his death occurs, occurs and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year during which his death occurs, prorated through the end of the calendar month during which his death occursone additional month.

Appears in 1 contract

Samples: Non Competition Agreement (Allis Chalmers Corp)

Termination upon Death. If this Agreement is terminated because ---------------------- of the Executive's death, the Executive will be entitled to receive his Salary Base Compensation through the end of the calendar month in which his death occurs, occurs and that part of the Executive's Incentive Compensation, if any, for the Fiscal Year fiscal year during which his death occurs, occurs prorated through the end of the calendar month during which his death occurs.

Appears in 1 contract

Samples: Assumption Agreement (Halter Marine Group Inc)

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