After Commencement of Benefits. If the Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company shall pay the remaining monthly payments to the Participant’s beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-remaining payments shall be paid to the legal representative of the beneficiary’s estate.
Appears in 5 contracts
Samples: Continuation Agreement (Mercantile Bancorp, Inc.), Continuation Agreement (Mercantile Bancorp, Inc.), Continuation Agreement (Mercantile Bancorp, Inc.)
After Commencement of Benefits. If the Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company shall pay the remaining monthly payments to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-then remaining payments shall be paid to the legal representative of the beneficiary’s 's estate.
Appears in 4 contracts
Samples: Continuation Agreement (Mound City Financial Services Inc), Agreement (Boardman Suhr Curry & Field), Continuation Agreement (Mound City Financial Services Inc)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company company shall pay the remaining monthly payments payment to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all of the remaining payments, the then-remaining payments shall be paid to the legal representative representatives of the beneficiary’s 's estate.
Appears in 3 contracts
Samples: Continuation Agreement (Choiceone Financial Services Inc), Continuation Agreement (Choiceone Financial Services Inc), Agreement (Valley Ridge Financial Corp)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum minimal number of monthly payments, the Company Bank shall pay the remaining monthly payments payment to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all of the remaining payments, the then-remaining payments shall be paid to the legal representative representatives of the beneficiary’s 's estate.
Appears in 2 contracts
Samples: Continuation Agreement (North Bancorp Inc), Continuation Agreement (North Bancorp Inc)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company Employer shall pay the remaining monthly payments to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-then remaining payments shall be paid to the legal representative of the beneficiary’s 's estate.
Appears in 1 contract
Samples: Agreement (First Banking Center Inc)
After Commencement of Benefits. If the Participant dies should die after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company shall pay the remaining monthly payments due to the Participant based on the terms of this Agreement and the various Options For Payment Of Benefits selected by the Participant during his participation under this Agreement to the Participant’s beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-remaining payments shall be paid to the legal representative of the beneficiary’s estate.
Appears in 1 contract
Samples: Compensation Agreement (Interstate Power & Light Co)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commencedcommended, but prior to receiving all of the scheduled minimum number of monthly payments, the Company company shall pay the remaining monthly payments payment to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all of the remaining payments, the then-remaining payments shall hall be paid to the legal representative representatives of the beneficiary’s 's estate.
Appears in 1 contract
Samples: Employee Salary Continuation Agreement (Carlinville National Bank Shares Inc/De)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company shall pay the remaining monthly payments to the Participant’s beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-remaining payments shall be paid to the legal representative representatives of the beneficiary’s estate.
Appears in 1 contract
Samples: Continuation Agreement (Merchants & Manufacturers Bancorporation Inc)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company company shall pay the remaining monthly payments payment to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all of the remaining payments, the then-remaining payments shall be paid to the legal representative representatives of the beneficiary’s 's estate.. -7-
Appears in 1 contract
Samples: Continuation Agreement (Choiceone Financial Services Inc)
After Commencement of Benefits. If the a Participant dies after any benefit payments have commenced, but prior to receiving all of the scheduled minimum number of monthly payments, the Company shall pay the remaining monthly payments to the Participant’s 's beneficiary. In the event a beneficiary dies before receiving all the remaining payments, the then-remaining payments shall be paid to the legal representative representatives of the beneficiary’s 's estate.
Appears in 1 contract
Samples: Agreement (Merchants & Manufacturers Bancorporation Inc)