Common use of Termination on Death Clause in Contracts

Termination on Death. Upon a termination of employment due to the Executive's death, the Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Stock Option Plan. The Executive's personal representative shall have a one-year period following the Executive's death in which to exercise his vested stock options, including those stock options that vested on death. The Company shall pay to the Executive's personal representative any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his date of death and that are related to his period of employment preceding his date of death. Within 60 days after the Executive's death, the Company shall pay to the Executive's personal representative the prorated amount of the Maximum Target Bonus for the year in which the Executive's death occurs, prorated for the portion of the year during which the Executive was employed prior to his death, and subtracting out all Incentive Bonus payments related to that year received by the Executive during such year.

Termination on Death. Upon a termination of employment due to the Executive's death, the Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Stock Option Equity Incentive Plan. The Executive's personal representative shall have a one-year period following the Executive's death in which to exercise his vested stock options, including those stock options that vested on death. The Company shall pay to the Executive's personal representative any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his date of death and that are related to his period of employment preceding his date of death. Within , and within 60 days after the Executive's death, the Company shall pay to the Executive's personal representative the prorated amount of the Maximum Target maximum Incentive Bonus for the year in which the Executive's death occurs, prorated for the portion of the year during which the Executive was employed prior to his death, and subtracting out all Incentive Guaranteed Bonus payments related to that year received by the Executive during such year.

Termination on Death. Upon a termination of employment due to the Executive's death, the Executive shall become 100% vested in his her stock options and restricted Common Shares awarded under the Stock Option Plan. The Executive's personal representative shall have a one-year period following the Executive's death in which to exercise his her vested stock options, including those stock options that vested on death. The Company shall pay to the Executive's personal representative any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his her date of death and that are related to his her period of employment preceding his her date of death. Within 60 days after the Executive's death, the Company shall pay to the Executive's personal representative the prorated amount of the Maximum Target Bonus for the year in which the Executive's death occurs, prorated for the portion of the year during which the Executive was employed prior to his her death, and subtracting out all Incentive Bonus payments related to that year received by the Executive during such year.

Termination on Death. Upon a termination of employment due to the Executive's ’s death, the Executive shall become 100% vested in his stock options and restricted Common Shares awarded under the Stock Option Plan. The Executive's ’s personal representative shall have a one-year period following the Executive's ’s death in which to exercise his vested stock options, including those stock options that vested on death. The Company shall pay to the Executive's ’s personal representative any Base Salary, Incentive Bonus, expense reimbursements and all other compensation related payments that are payable as of his date of death and that are related to his period of employment preceding his date of death. Within 60 days after the Executive's ’s death, the Company shall pay to the Executive's ’s personal representative the prorated amount of the Maximum Target Bonus for the year in which the Executive's ’s death occurs, prorated for the portion of the year during which the Executive was employed prior to his death, and subtracting out all Incentive Bonus payments related to that year received by the Executive during such year.