Executive’s Estate definition

Executive’s Estate means the conservators, guardians, executors, administrators, testamentary trustees, legatees or beneficiaries of the Executive.
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Executive’s Estate. (i) an amount equal to Executive's Base Salary accrued through the effective date of termination at the rate in effect at the effective date of termination, payable at the time such payment is due; and (ii) all other amounts to which Executive is entitled hereunder, including, without limitation, (A) any Bonus to which the Executive would have been entitled pursuant to Section 3.1(b) hereof (prorated for the period up to the effective date of termination), (B) any expense reimbursement amounts accrued to the effective date of termination, (C) a minimum sum of U.S. $997,500.00, and (D) any amounts under any other benefit plan of the Company, in each case at the time such payments are due, and the Company shall have no further obligation to Executive under this Agreement.
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Examples of Executive’s Estate in a sentence

  • If the location of the Executive’s Beneficiary is not made known to the Bank by the end of an additional two (2) month period following expiration of the thirty-six (36) month period, the Bank may discharge its obligation by payment to the Executive’s Estate.

  • In the event of the death of an Executive, the Bank shall pay the Executive’s Estate an amount equal to three (3) years of salary with a $1 million cap.

  • Any amounts payable to Executive under this Agreement which are unpaid at the date of Executive’s death or payable hereunder or otherwise by reason of his death, shall be paid in accordance with the terms of this Agreement to Executive’s Estate.

  • In the event of Executive’s death after execution of this Agreement, this Agreement shall operate in favor of his estate (“Estate”); provided, however, in the event of Executive’s death, the Employer may accelerate all remaining sums owed to Executive pursuant to this Agreement and pay such amount, discounted to present value, in a lump sum to Executive’s Estate.

  • If the Executive has made no effective designation of Beneficiaries, any such payments shall be made to the Executive’s Estate.

  • If employment terminates pursuant to Subsection 5.2, in addition to the Accrued Amounts (defined below), the Company shall, promptly upon such termination, pay the Estate of Executive, or the person charged with legal responsibility for the Executive’s Estate, an amount equal to three (3) months of Base Salary from the date of the Notice of Termination.

  • Within thirty (30) days after the Termination Date, Company shall pay to the Executive’s Estate, or designated beneficiaries, or any other party designated by the Executive, in writing, to receive payments in the event of the Executive’s death all Total Compensation (including vested Benefits) earned vested and determinable as of the Termination Date or as required by law, such as ERISA or similar requirements.

  • The foregoing amounts represent the Company’s maximum obligations to the Executive’s Estate, and other than as set out in this Section 4.05, the Executive’s Estate will not be entitled to any further compensation, rights or benefits in connection with the Executive’s employment.

  • The provisions of Sections 4.02(a), (b), (d) and (e) above will apply, and the Company will pay the Executive’s Estate the amounts and will take the actions specified in those Sections on the basis that the date of the Executive’s death shall be considered to be his termination date for purposes of those sections.

  • If the Executive’s has not named a Beneficiary, then such amounts shall be paid to the Executive’ devisee, legatee, beneficiary, or other designee, or if there is no such designee, to the Executive’s Estate.

Related to Executive’s Estate

  • Executive’s Interest means the benefit set forth in Section 2.2.

  • Executives has the meaning set forth in Section 12.2(a).

  • the Executive means the Health and Safety Executive;

  • Executive means the individual named in the first paragraph of this Agreement.

  • Date of Termination means the date of receipt of the Notice of Termination or any later date specified therein, as the case may be; provided, however, that (i) if the Executive's employment is terminated by the Company other than for Cause or Disability, the Date of Termination shall be the date on which the Company notifies the Executive of such termination and (ii) if the Executive's employment is terminated by reason of death or Disability, the Date of Termination shall be the date of death of the Executive or the Disability Effective Date, as the case may be.