Common use of Termination Upon Employee’s Death Clause in Contracts

Termination Upon Employee’s Death. The Employee’s employment under this Agreement shall terminate upon his death during the Term, in which event the Employee’s estate shall be entitled to receive all unpaid base salary, bonus amounts and benefits that have accrued through the date of death.

Appears in 6 contracts

Samples: Employment Agreement (Madison Bancorp Inc), Employment Agreement (Madison Bancorp Inc), Employment Agreement (Madison Bancorp Inc)

AutoNDA by SimpleDocs

Termination Upon Employee’s Death. The Employee’s employment under this Agreement shall terminate upon his her death during the Term, in which event the Employee’s estate shall be entitled to receive all unpaid base salary, bonus amounts and benefits that have accrued through the date of death.

Appears in 4 contracts

Samples: Employment Agreement (Madison Bancorp Inc), Employment Agreement (Madison Bancorp Inc), Employment Agreement (Madison Bancorp Inc)

AutoNDA by SimpleDocs

Termination Upon Employee’s Death. The This Agreement and Employee’s employment under this Agreement with Employer shall terminate upon his death during Employee’s death. All stock options held by the TermEmployee shall become fully vested. Thereafter, in which event the Employer shall pay to Employee’s estate shall be entitled to receive all unpaid base salarycompensation, bonus amounts fully earned, and benefits that have accrued through vested as of the date of death.

Appears in 2 contracts

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

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