Common use of Burial Benefit Clause in Contracts

Burial Benefit. In addition to the above-described death benefits, the Executive's beneficiary shall be entitled to a one-time lump sum death benefit in the amount of $15,000 (fifteen thousand dollars). The payment shall be made within 30 days of the Executive's death.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Home Federal Bancorp), Supplemental Executive Retirement Plan Agreement (Home Federal Bancorp), Supplemental Executive Retirement Plan Agreement (Home Federal Bancorp)

AutoNDA by SimpleDocs

Burial Benefit. In addition to the above-described death benefits, the Executive's beneficiary ’s Beneficiary shall be entitled to a one-time lump sum death benefit in the amount of Fifteen Thousand Dollars ($15,000 (fifteen thousand dollars15,000). The payment shall be made within 30 thirty (30) days following receipt by the Bank of the Executive's death’s death certificate.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp), Retirement Income Agreement (Home Federal Bancorp)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.