After payments begin. If, a Separation from Service on or after Normal Retirement Age having previously occurred, the Director dies after benefit payments under section 2.1 begin but before receiving all such payments, the Company shall pay the remaining benefits to the Director’s Beneficiary at the same time and in the same amounts the payments would have been made to the Director had the Director survived.
Appears in 8 contracts
Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc)