Common use of Additional Death Benefit - Burial Expense Clause in Contracts

Additional Death Benefit - Burial Expense. Upon the Executive's death, the Executive's Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's death. The Executive's Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.

Additional Death Benefit - Burial Expense. Upon the Executive's ’s death, the Executive's ’s Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,00010,000.00). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's ’s death. The Executive's ’s Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.

Additional Death Benefit - Burial Expense. Upon the Executive's =s death, the Executive's =s Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's =s death. The Executive's =s Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.

Additional Death Benefit - Burial Expense. Upon In addition to the above-described death benefits, upon the Executive's ’s death, the Executive's ’s Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,00010,000.00). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for funeral and/or burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's ’s death. The Executive's ’s Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to his death.

Additional Death Benefit - Burial Expense. Upon the Executive's ’s death, the Executive's ’s Beneficiary shall also be entitled to receive a one-one time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's ’s death. The Executive's ’s Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.

Additional Death Benefit - Burial Expense. Upon the Executive's death, the Executive's Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's death. The Executive's Beneficiary shall not be entitled to such benefit under this Plan (i) if the Executive is terminated for Cause prior to deathdeath or (ii) the Executive's Beneficiary receives a supplemental $10,000 death benefit under any other non-qualified deferred compensation plan sponsored by the Bank.

Additional Death Benefit - Burial Expense. Upon the Executive's ’s death, the Executive's ’s Beneficiary shall also be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of the date the Administrator receives notice of the Executive's ’s death. The Executive's ’s Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.

Additional Death Benefit - Burial Expense. Upon the Executive's death, the Executive's Beneficiary shall also be entitled to receive a one-one- time lump sum death benefit in the amount of Ten Thirty Thousand Dollars ($10,00030,000.00). This benefit shall be paid directly from the Bank to the Beneficiary and shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Executive. Such death benefit shall be payable within thirty (30) days of from the date the Administrator receives notice of the Executive's death. The Executive's Beneficiary shall not be entitled to such benefit if the Executive is terminated for Cause prior to death.