Common use of Upon Death Clause in Contracts

Upon Death. In the event of the death of Employee, this Agreement shall terminate on the date of death and the estate of Employee shall be entitled to Employee's Base Salary and any additional incentive or bonus compensation apportioned to the date of death and all compensation described in this Agreement shall then cease. In the event any of Employee's immediate family members are covered under any group sickness, accident, dental and health insurance plan maintained by Company at the date of Employee's death, Company shall maintain and provide all payments with respect to such coverages for a period of twelve months.

Appears in 10 contracts

Samples: Employment Agreement (Cyber Defense Systems Inc), Employment Agreement (Cyber Defense Systems Inc), Employment Agreement (Cyber Defense Systems Inc)

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