Common use of Amount of Benefits Clause in Contracts

Amount of Benefits. If the Director dies prior to Termination of Service, the Bank shall pay the amount shown on Schedule A, attached to this Agreement. Any payments hereunder shall be paid to the Director’s beneficiary(ies) in a single lump sum within 60 days after the Director’s death.

Appears in 5 contracts

Samples: Director Survivor Income Agreement (Wilson Bank Holding Co), Director Survivor Income Agreement (Wilson Bank Holding Co), Director Survivor Income Agreement (Wilson Bank Holding Co)

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Amount of Benefits. If the Director dies prior to Termination of Service, the Bank shall pay the amount shown on Schedule A, attached to this Agreement. Any payments hereunder shall be paid to the Director’s beneficiary(ies) in a single lump sum within 60 90 days after submission of proof of a claim substantiating the Director’s death.

Appears in 1 contract

Samples: Director Survivor Income Agreement (Wilson Bank Holding Co)

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