Common use of Beneficiary Designations Clause in Contracts

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 61 contracts

Samples: Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp)

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Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 31 contracts

Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Continuation Agreement, Continuation Agreement

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after at the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 25 contracts

Samples: Salary Continuation Agreement (Carolina Bank Holdings Inc), Amended Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.), Salary Continuation Agreement (First Reliance Bancshares Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank Employer in which the Executive participates.

Appears in 18 contracts

Samples: Split Dollar Agreement (Charter Financial Corp), Split Dollar Agreement (Charter Financial Corp), Split Dollar Agreement (Charter Financial Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary Beneficiary designation under any other benefit plan of the Bank Employer in which the Executive participates.

Appears in 18 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Sound Financial Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Eagle Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Eagle Bancorp Inc)

Beneficiary Designations. The Executive shall have the right to may designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 8 contracts

Samples: Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc), Continuation Agreement (Cortland Bancorp Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank Company in which the Executive participates.

Appears in 6 contracts

Samples: Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West), Salary Continuation Agreement (Capital Corp of the West)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after at the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 4.2

Appears in 5 contracts

Samples: Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank Salary Continuation Agreement (Tidelands Bancshares Inc), Tidelands Bank      salary Continuation Agreement (Tidelands Bancshares Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time to designate a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Newmil Bancorp Inc), Salary Continuation Agreement (Newmil Bancorp Inc), Salary Continuation Agreement (Newmil Bancorp Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as as, or different from from, the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 4 contracts

Samples: Amended Salary Continuation Agreement (Southern Community Financial Corp), Amended Salary Continuation Agreement (Southern Community Financial Corp), Salary Continuation Agreement (Southern Community Financial Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive at the Executive’s death any benefits payable under this Agreement after the Executive’s deathAgreement. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 4 contracts

Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary Beneficiary(ies) to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)

Beneficiary Designations. The Executive shall have the right to may designate at any time a Beneficiary to receive any benefits payable under this Agreement after at the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank Cardinal in which the Executive participates.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after at the Executive’s 's death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 3 contracts

Samples: Community First Bank Salary Continuation Agreement (Community First Bancorp), Continuation Agreement (Intermountain Community Bancorp), Continuation Agreement (Intermountain Community Bancorp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after Plan upon the death of the Executive’s death. The Beneficiary designated under this Agreement Plan may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)

Beneficiary Designations. The Executive shall have the right to may designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 4.2

Appears in 2 contracts

Samples: Continuation Agreement (BNC Bancorp), Continuation Agreement (BNC Bancorp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after Plan upon the death of the Executive’s death. The Beneficiary designated under this Agreement Plan may be the same as as, or different from from, the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan (Peoples Financial Services Corp.), Supplemental Executive Retirement Plan (Peoples Financial Services Corp.)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 2 contracts

Samples: Continuation Agreement (CBTX, Inc.), Executive Employment Agreement (CBTX, Inc.)

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Beneficiary Designations. The Executive shall have the right to may designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 2 contracts

Samples: Middlefield Banking Company (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank Association in which the Executive participates.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Fraternity Community Bancorp Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the Executive’s 's death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 1 contract

Samples: Continuation Agreement (Southcoast Financial Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time to designate a Beneficiary to receive any benefits payable under this Agreement after at the Executive’s 's death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 1 contract

Samples: Continuation Agreement (First South Bancorp Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after Plan upon the death of the Executive’s death. The Beneficiary designated under this Agreement Plan may be the same as or different from the beneficiary designation under any other benefit plan of the Bank Employer in which the Executive participates.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (ConnectOne Bancorp, Inc.)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 178

Appears in 1 contract

Samples: Continuation Agreement (Citizens South Banking Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 4.2

Appears in 1 contract

Samples: Salary Continuation Agreement (Greenville First Bancshares Inc)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 212

Appears in 1 contract

Samples: Continuation Agreement (Citizens South Banking Corp)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after upon the death of the Executive’s death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.. 230

Appears in 1 contract

Samples: Continuation Agreement (Citizens South Banking Corp)

Beneficiary Designations. The Executive shall have the right to designate may at any time designate a Beneficiary to receive at the Executive’s death any benefits payable under this Agreement after the Executive’s deathAgreement. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 1 contract

Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s Plan upon his death. The Beneficiary designated under this Agreement Plan may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Kearny Financial Corp.)

Beneficiary Designations. The Executive shall have the right to designate at any time a Beneficiary to receive any benefits payable under this Agreement after the Executive’s 's death. The Beneficiary designated under this Agreement may be the same as or different from the beneficiary designation under any other benefit plan of the Bank in which the Executive participates.

Appears in 1 contract

Samples: Southern Michigan Bancorp Inc

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