Common use of Termination on Death Clause in Contracts

Termination on Death. If the Employee shall die during the Term, the employment of the Employee shall thereupon terminate. On the Date of Termination pursuant to this Section 7.4, the Company shall pay to the Employee's estate the payments and other benefits applicable to termination without Cause set forth in Section 7.2 hereof, other than those related to career counseling and resume development. In addition, on termination of the Employee under this Section 7.4, all of the Employee's outstanding but unvested options and rights relating to capital stock of the Company shall immediately vest and become exercisable, and all RSUs and shares of the Company's restricted stock issued to the Employee shall immediately vest and become unrestricted and freely transferable. The term of any such options and rights shall be extended to the first anniversary of the Employee's termination. The provisions of this Section 7.4 shall not affect the entitlements of the Employee's heirs, executors, administrators, legatees, beneficiaries or assigns under any employee benefit plan, fund or program of the Company.

Termination on Death. If the Employee shall die during the Term, the employment of the Employee shall thereupon terminate. On the Date of Termination (as defined in Section 9(b)) pursuant to this Section 7.47(d), the Company shall pay to the Employee's estate the payments and other benefits applicable to termination without Cause set forth in Section 7.2 7(b) hereof, other than those related to career counseling and resume development. In addition, on termination of the Employee under this Section 7.47(d), all of the Employee's outstanding but unvested Options and other options and rights relating to capital stock of the Company shall immediately vest and become exercisable, and all RSUs and shares of the CompanyEmployee's restricted stock issued to the Employee Restricted Stock shall immediately vest and become unrestricted and freely transferable. The term of any such options and rights shall be extended to the first third anniversary of the Employee's termination. The provisions of this Section 7.4 7(d) shall not affect the entitlements of the Employee's heirs, executors, administrators, legatees, beneficiaries or assigns under any employee benefit plan, fund or program of the Company.

Termination on Death. If the Employee shall die during the Term, the employment of the Employee shall thereupon terminate. On the Date of Termination (as defined in Section 9(b)) pursuant to this Section 7.47(d), the Company shall pay to the Employee's ’s estate the payments and other benefits applicable to termination without Cause set forth in Section 7.2 7(b) hereof, other than those related to career counseling and resume development. In addition, on termination of the Employee under this Section 7.47(d), all of the Employee's ’s outstanding but unvested Options and other options and rights relating to capital stock of the Company shall immediately vest and become exercisable, and all RSUs and shares of the Company's restricted stock issued to the Employee Employee’s Restricted Stock shall immediately vest and become unrestricted and freely transferable. The term of any such options and rights shall be extended to the first third anniversary of the Employee's ’s termination. The provisions of this Section 7.4 7(d) shall not affect the entitlements of the Employee's ’s heirs, executors, administrators, legatees, beneficiaries or assigns under any employee benefit plan, fund or program of the Company.

Termination on Death. If the Employee shall die during the Term, the employment of the Employee shall thereupon terminate. On the Date of Termination pursuant to this Section 7.4, the Company shall pay to the Employee's ’s estate the payments and other benefits applicable to termination without Cause set forth in Section 7.2 hereof, other than those related to career counseling and resume development. In addition, on termination of the Employee under this Section 7.4, all of the Employee's ’s outstanding but unvested options and rights relating to capital stock of the Company shall immediately vest and become exercisable, and all RSUs and shares of the Company's ’s restricted stock issued to the Employee shall immediately vest and become unrestricted and freely transferable. The term of any such options and rights shall be extended to the first anniversary of the Employee's ’s termination. The provisions of this Section 7.4 shall not affect the entitlements of the Employee's ’s heirs, executors, administrators, legatees, beneficiaries or assigns under any employee benefit plan, fund or program of the Company.

Termination on Death. If the Employee shall die during the Term, the employment of the Employee shall thereupon terminate. On the Date of Termination pursuant to this Section 7.4, the Company shall pay to the Employee's ’s estate the payments and other benefits applicable to termination without Cause set forth in Section 7.2 hereof, other than those related to career counseling and resume development. In addition, on termination of the Employee under this Section 7.4, all of the Employee's ’s outstanding but unvested options and rights relating to capital stock of the Company shall immediately vest and become exercisable, and all RSUs and shares of the Company's ’s restricted stock issued to the Employee shall immediately vest and become unrestricted and freely transferable. The term of any such options and rights shall be extended to the first anniversary of the Employee's ’s termination. The provisions of this Section 7.4 shall not affect the entitlements of the Employee's ’s heirs, executors, administrators, legatees, beneficiaries or assigns under any employee benefit plan, fund or program of the Company. If permitted by applicable law and the terms of the applicable equity plans, such payments, options and rights shall be paid to the Mxxxxxx Xxxxxxx Family Trust.