Death Clause Example with 8 Variations from Business Contracts

This page contains Death clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through the Executive.

Variations of a "Death" Clause from Business Contracts

Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay to death, the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any shall receive the Accrued Obligations. Obligations and severance under the Severance Plan as if such death is a Qualifying Termination or Change in Control Termination (as applicable) under the Severance Plan, subject to the terms and conditions of the ...Severance Plan. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through the Executive. 5 10. Resignation of Positions. Effective as of the date of any termination of employment, the Executive shall resign all Company-related positions, including as an officer and director of the Company and its affiliates. View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay any Accrued Obligations to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. applicable. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claimin...g under or through the Executive. 4 12. Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s). View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay any Accrued Obligations to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. applicable. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claimin...g under or through the Executive. 5 12. Resignation of Positions. Effective as of the date of any termination of employment for any reason, the Executive will be automatically deemed to resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates, as applicable, and shall execute all documentation necessary to effectuate such resignation(s). View More
Death. If the Executive dies during while employed by the Term, Company, the Executive's employment shall terminate on the date of death and the Company shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. amounts earned, accrued and owing but not yet paid under Section 2 above and any benefits accrued and due under any applicable benefit plans and programs of the Company, payable in accordance with the terms and c...onditions thereof. In addition, if the Executive dies while employed by the Company, the Executive shall be entitled to receive the Pro Rata Bonus. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through the Executive. View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. Obligations and any Accrued Annual Bonus. Otherwise, the Company shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person c...laiming under or through the Executive. A-5 12. Resignation of Positions. Effective as of the date of any termination of employment, the Executive will resign from all Company-related positions, including as an officer and director of the Company and its parents, subsidiaries and Affiliates. View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. amounts earned, accrued, vested and owing but not yet paid under Section 2 above and any benefits accrued and due under any applicable benefit plans and programs of the Company. Otherwise, the Company shall have no further liability or obl...igation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through the Executive. View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company Employer shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. Otherwise, the Company Employer shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, heirs or assigns or any other person claiming under or through... the Executive. For the avoidance of doubt, in the event of such termination, the Executive shall not be eligible to receive any payments or benefits pursuant to Section 6. View More
Death. If the Executive dies during the Term, the Executive's employment shall terminate on the date of death and the Company Employer shall pay to the Executive's executor, legal representative, administrator or designated beneficiary, as applicable, any Accrued Obligations. Obligations, any Accrued Annual Bonus, and any Accrued PSUs. Otherwise, the Company Employer shall have no further liability or obligation under this Agreement to the Executive's executors, legal representatives, administrators, h...eirs or assigns or any other person claiming under or through the Executive. View More