Common use of Death During Employment Clause in Contracts

Death During Employment. This Agreement shall terminate upon Executive’s death, and the Company shall pay a death benefit equal to Executive’s base monthly salary for the balance of the month of Executive’s death and for three months following Executive’s death. Such amounts shall be paid to the beneficiary named in writing by Executive, or if none, to Executive’s surviving spouse, or if none, to the executors and administrators of Executive’s estate and shall be paid within 60 days after Executive’s death.

Appears in 16 contracts

Samples: Executive Employment Agreement (Sun Energy Solar Inc), Executive Employment Agreement (Sun Energy Solar Inc), Executive Employment Agreement (Sun Energy Solar Inc)

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Death During Employment. This Agreement shall terminate upon Executive’s 's death. In such event, and the Company Corporation shall pay a death benefit equal to Executive’s 's base monthly salary for the balance of the month of Executive’s 's death and for three months the month following his death. Any amounts payable under this Agreement following Executive’s death. Such amounts 's death shall be paid to the beneficiary named in writing by Executive, or if none, to Executive’s 's surviving spouse, or if none, to the executors and administrators of Executive’s 's estate and shall be paid within 60 sixty (60) days after of Executive’s 's death.

Appears in 7 contracts

Samples: Employment Agreement (Convergent Holding Corp), Employment Agreement (Convergent Holding Corp), Employment Agreement (Convergent Holding Corp)

Death During Employment. This Agreement shall terminate upon Executive’s death, and the Company shall pay a death benefit equal to Executive’s base monthly salary for the balance of the month of Executive’s 's death and for three months following Executive’s 's death. Such amounts shall be paid to the beneficiary named in writing by Executive, or if none, to Executive’s surviving spouse, or if none, to the executors and administrators of Executive’s 's estate and shall be paid within 60 days after Executive’s 's death.

Appears in 3 contracts

Samples: Executive Employment Agreement (Sunovia Energy Technologies Inc), Executive Employment Agreement (Sunovia Energy Technologies Inc), Executive Employment Agreement (Sunovia Energy Technologies Inc)

Death During Employment. This Agreement shall terminate upon the Executive’s 's death. In such event, and the Company Corporation shall pay a death benefit equal to the Executive’s 's base monthly salary for the balance of the month of the Executive’s 's death and for three months the month following Executive’s his death. Such Any amounts payable under this Agreement following the Executive's death shall be paid to the beneficiary named in writing by the Executive, or if none, to the Executive’s 's surviving spouse, or if none, to the executors and administrators of the Executive’s 's estate and shall be paid within 60 sixty (60) days after of the Executive’s 's death.

Appears in 3 contracts

Samples: Employment Agreement (Convergent Group Corp), Employment Agreement (Convergent Group Corp), Employment Agreement (Convergent Group Corp)

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Death During Employment. This Agreement shall terminate upon Executive’s 's death. In such event, and the Company Corporation shall pay a death benefit equal to Executive’s 's base monthly salary for the balance of the month of Executive’s 's death and for three months the month following her death. Any amounts payable under this Agreement following Executive’s death. Such amounts 's death shall be paid to the beneficiary named in writing by Executive, or if none, to Executive’s 's surviving spouse, or if none, to the executors and administrators of Executive’s 's estate and shall be paid within 60 sixty (60) days after of Executive’s 's death.

Appears in 1 contract

Samples: Employment Agreement (Convergent Holding Corp)

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