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

Additional Death Benefit - Burial Expenses. In addition to the above-described death benefits, upon his death, the Executive's Beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand ($10,000.00) Dollars.

Appears in 2 contracts

Samples: Supplemental Retirement Income Agreement (Citizens Bancorp), Supplemental Retirement Income Agreement (Citizens Bancorp)

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Additional Death Benefit - Burial Expenses. In addition to the above-described death benefits, upon his death, the Executive's ’s Beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand ($10,000.00) Dollars; provided, however, that if the Executive terminates his employment with the Bank before July 1, 1998 for reasons other than his death or due to his becoming Permanently and Totally Disable, the one-time lump sum death benefit otherwise provided in this Section shall not be payable.

Appears in 2 contracts

Samples: Supplemental Retirement Income Agreement (German American Bancorp, Inc.), Supplemental Retirement Income Agreement (German American Bancorp)

Additional Death Benefit - Burial Expenses. In addition to the above-described death benefits, upon his death, the Executive's Beneficiary beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand ($10,000.00) Dollars.

Appears in 1 contract

Samples: Oswego County Bancorp Inc

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Additional Death Benefit - Burial Expenses. In addition to the above-described death benefits, upon his her death, the Executive's Beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand ($10,000.00) Dollars.)

Appears in 1 contract

Samples: Supplemental Retirement Income Agreement (Citizens Bancorp)

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