Common use of Assignment by Executive Clause in Contracts

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributes, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s devisee, legatee, or other designee, or if there is no such designee, to Executive’s estate.

Appears in 10 contracts

Samples: Agreement (Jo-Ann Stores Inc), Agreement (Jo-Ann Stores Inc), Agreement (Jo-Ann Stores Inc)

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Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If the Executive dies should die while any amount would is still be payable to the Executive hereunder had the Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate. An Executive’s rights hereunder shall not otherwise be assignable.

Appears in 6 contracts

Samples: Compensation and Benefits Assurance Agreement (Jack in the Box Inc /New/), Benefits Assurance Agreement (Jack in the Box Inc /New/), Compensation and Benefits Assurance Agreement (Jack in the Box Inc /New/)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s devisee, legatee, or other designee, or if there is no such designee, to Executive’s estate.

Appears in 5 contracts

Samples: Agreement (JOANN Inc.), Agreement (JOANN Inc.), Agreement (JOANN Inc.)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If an Executive dies should die while any amount would is still be payable to the Executive hereunder hereunder, had the Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, Agreement to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate. An Executive’s rights hereunder shall not otherwise be assignable.

Appears in 5 contracts

Samples: Compensation and Benefits Assurance Agreement (Old Second Bancorp Inc), Compensation and Benefits Assurance Agreement (Old Second Bancorp Inc), Compensation and Benefits Assurance Agreement (Old Second Bancorp Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If the Executive dies while and any amount would still be payable is owed to Executive hereunder had Executive continued him pursuant to livethis Agreement, all such amounts, unless otherwise provided herein, shall be paid to Executive’s beneficiary in accordance with the terms of this the Agreement, to Executive’s Beneficiary. If the Executive has not named a Beneficiarybeneficiary, then such amounts shall be paid to Executive’s the Executives’ devisee, legatee, or other designee, or if there is no such designee, to the Executive’s estate.

Appears in 2 contracts

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

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributes, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s 's Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to Executive’s 's estate.

Appears in 2 contracts

Samples: Employment Agreement (Jo-Ann Stores Inc), Employment Agreement (Jo-Ann Stores Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If the Executive dies while any amount would still be payable to Executive him hereunder had Executive he continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to the Executive’s 's Beneficiary. If the Executive has not named a Beneficiary, then such amounts shall be paid to the Executive’s 's devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Levi Strauss & Co)

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Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. , If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s devisee, legatee, or other designee, or if there is no such designee, to Executive’s estate.

Appears in 1 contract

Samples: Agreement (JOANN Inc.)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributes, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such Hxxxxxxxx, Xxx November 19, 2007 amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s devisee, legatee, or other designee, or if there is no such designee, to Executive’s estate.

Appears in 1 contract

Samples: Agreement (Jo-Ann Stores Inc)

Assignment by Executive. This Agreement shall inure to the benefit of and be enforceable by Executive and each of the Executive’s 's personal or legal representatives, executors, administrators, successors, heirs, distributesdistributees, devisees, and legatees. If the Executive dies while and any amount would still be payable is owed to Executive hereunder had Executive continued him pursuant to livethis Agreement, all such amounts, unless otherwise provided herein, shall be paid to Executive's beneficiary in accordance with the terms of this the Agreement, to Executive’s Beneficiary. If the Executive has not named a Beneficiarybeneficiary, then such amounts shall be paid to Executive’s the Executives' devisee, legatee, or other designee, or if there is no such designee, to the Executive’s 's estate.

Appears in 1 contract

Samples: Employment Agreement (Spiegel Inc)

Assignment by Executive. This Agreement shall inure insure to the benefit of and be enforceable by Executive and each of Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributes, devisees, and legatees. If Executive dies while any amount would still be payable to Executive hereunder had Executive continued to live, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement, to Executive’s Beneficiary. If Executive has not named a Beneficiary, then such amounts shall be paid to Executive’s devisee, legatee, or other designee, or if there is no such designee, to Executive’s estate.

Appears in 1 contract

Samples: Amended and Restated Severance Agreement (JOANN Inc.)

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