Common use of DEATH OR RESIGNATION Clause in Contracts

DEATH OR RESIGNATION. If the Executive dies or resigns during the Term, this Agreement shall automatically terminate on the date of the Executive’s death or resignation. Subject to Section 3(b) of this Agreement, upon Executive’s death or resignation, the Company shall have no further obligations or liability to the Executive or his heirs, administrators, except for the obligation to pay the Executive (i) any earned but unpaid base Salary through the Executive’s date of death or resignation, (ii) for any unused accrued vacation, and (iii) any unreimbursed business expenses incurred by the Executive prior to his death or resignation.

Appears in 3 contracts

Samples: Employment Agreement (Sino Green Land Corp), Employment Agreement (Sino Green Land Corp), Employment Agreement (Sino Green Land Corp)

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DEATH OR RESIGNATION. If the Executive dies or resigns during the Term, this Agreement shall automatically terminate on the date of the Executive’s death or resignation. Subject to Section 3(b) of this Agreement, upon Executive’s death or resignation, the Company shall have no further obligations or liability to the Executive or his her heirs, administratorsadministrators or executors, except for the obligation to pay the Executive (i) any earned but unpaid base Salary through the Executive’s date of death or resignation, (ii) for any unused accrued vacation, and (iii) any unreimbursed business expenses incurred by the Executive prior to his her death or resignation.

Appears in 2 contracts

Samples: Employment Agreement (China Intelligence Information Systems Inc.), Employment Agreement (Sino Green Land Corp)

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DEATH OR RESIGNATION. If the Executive dies or resigns during the Term, this Agreement shall automatically terminate on the date of the Executive’s death or resignation. Subject to Section 3(b) of this Agreement, upon Executive’s death or resignation, the Company shall have no further obligations or liability to the Executive or his her heirs, administratorsadministrators or executors, except for the obligation to pay the Executive (i) any earned but unpaid base Salary through the Executive’s date of death or resignation, (ii) for any unused accrued vacation, and (iii) any unreimbursed business expenses incurred by the Executive prior to his her death or resignation. If the Executive resigns for personal reasons, the Executive must give the Company three months advance notice.

Appears in 1 contract

Samples: Employment Agreement (Computer Graphics International Inc.)

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