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

Termination Upon Employee’s Death. If Employee dies during the Employment Term, Bank shall pay to the estate of Employee the compensation (including a pro rata portion of all incentive compensation to which Employee may be entitled) which would otherwise accrue or be available to Employee up to the end of the month in which his death occurred. Nothing contained in this Agreement shall limit or abrogate any insurance or other benefits available to the Employee.

Appears in 5 contracts

Samples: Employment Agreement (Northwest Bancorporation Inc), Employment Agreement (Northwest Bancorporation Inc), Employment Agreement (Northwest Bancorporation Inc)

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Termination Upon Employee’s Death. If Employee dies during the Employment Term, Bank shall pay to the estate of Employee the compensation (including a pro rata portion of all incentive compensation to which Employee may be entitled) which would otherwise accrue or be available to Employee up to the end of the month in which his her death occurred. Nothing contained in this Agreement shall limit or abrogate any insurance or other benefits available to the Employee.

Appears in 2 contracts

Samples: Employment Agreement (Northwest Bancorporation Inc), Employment Agreement (Northwest Bancorporation Inc)

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Termination Upon Employee’s Death. If Employee dies during the --------------------------------- Employment Term, Bank shall pay to the estate of Employee the compensation (including a pro rata portion of all incentive compensation to which Employee may be entitled) which would otherwise accrue or be available to Employee up to the end of the month in which his death occurred. Nothing contained in this Agreement shall limit or abrogate any insurance or other benefits available to the Employee.

Appears in 2 contracts

Samples: Employment Agreement (Northwest Bancorporation Inc), Employment Agreement (Northwest Bancorporation Inc)

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