Claims Procedure. The Bank will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state (w) the specific reasons for denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank will notify the Claimant of the special circumstances and the date by which a decision is expected to be made and may extend the time for up to an additional 90 days.
Appears in 12 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
Claims Procedure. The Bank will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state (w) the specific reasons for denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank will notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 10 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Claims Procedure. The Bank will shall notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving of Claimant’s written application for benefits, of his or her eligibility or noneligibility ineligibility for benefits under the Agreement. If the Plan Administrator Bank determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth (wa) the specific reasons for such denial, (xb) a specific reference to the provisions of the Agreement on which the denial is based, (yc) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (zd) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator Bank determines that there are special circumstances requiring additional time to make a decision, the Bank will shall notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Bank of Wilmington CORP), Endorsement Split Dollar Agreement (Bank of Wilmington CORP), Salary Continuation Agreement (Bank of Wilmington CORP)
Claims Procedure. The Bank will Company shall notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving of Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator Company determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth (w) the specific reasons for such denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator Company determines that there are special circumstances requiring additional time to make a decision, the Bank will Company shall notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 7 contracts
Samples: Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc)
Claims Procedure. The Bank will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state (wa) the specific reasons for denial, (xb) a specific reference to the provisions of the Agreement on which the denial is based, (yc) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (zd) an explanation of the Agreement’s claims review procedure and other appropriate information concerning steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank will notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 7 contracts
Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Investar Holding Corp)
Claims Procedure. The Bank will shall notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving of Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator Bank determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth (wa) the specific reasons for such denial, (xb) a specific reference to the provisions of the Agreement on which the denial is based, (yc) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (zd) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator Bank determines that there are special circumstances requiring additional time to make a decision, the Bank will shall notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 6 contracts
Samples: Director Elective Income Deferral Agreement (Bank of Wilmington CORP), Director Elective Income Deferral Agreement (Bank of Wilmington CORP), Director Elective Income Deferral Agreement (Bank of Wilmington CORP)
Claims Procedure. The Bank will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state (w) the specific reasons for denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank will notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 6 contracts
Samples: Split Dollar Agreement (Sb Financial Group, Inc.), Split Dollar Agreement, Split Dollar Agreement (Sb Financial Group, Inc.)
Claims Procedure. The Bank will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth (w) the specific reasons for such denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank will notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)
Claims Procedure. The Bank Cardinal will notify any person or entity that makes a claim for benefits under this Agreement (the “Claimant”) in writing, within 90 days after receiving Claimant’s written application for benefits, of his or her eligibility or noneligibility for benefits under the Agreement. If the Plan Administrator determines that the Claimant is not eligible for benefits or full benefits, the notice will state set forth (w) the specific reasons for denial, (x) a specific reference to the provisions of the Agreement on which the denial is based, (y) a description of any additional information or material necessary for the Claimant to perfect his or her claim, and a description of why it is needed, and (z) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator determines that there are special circumstances requiring additional time to make a decision, the Bank Cardinal will notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 days.
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)
Claims Procedure. The Bank will shall notify any person the Executive or entity that makes a claim for benefits under this Agreement his successor in interest (the “Claimant”) in writing, within 90 days after receiving of the Claimant’s written application for benefits, of his or her eligibility or noneligibility non eligibility for benefits under the Agreement. If the Plan Administrator Bank determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth: (wi) the specific reasons for such denial, (xii) a specific reference to the provisions of the Agreement on which the denial is based, (yiii) a description of any additional information or material necessary for the Claimant to perfect his or her Claimant’s claim, and a description of why it is needed, and (ziv) an explanation of the Agreement’s claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator Bank determines that there are special circumstances requiring additional time to make a decision, the Bank will shall notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 daysday period.
Appears in 1 contract
Claims Procedure. The Bank will shall notify any person or entity that makes a claim for benefits under this Agreement (the “"Claimant”") in writing, within 90 ninety (90) days after receiving of Claimant’s 's written application for benefits, of his or her eligibility or noneligibility non-eligibility for benefits under the Agreement. If the Plan Administrator Bank determines that the Claimant is not eligible for benefits or full benefits, the notice will state shall set forth (w1) the specific reasons for such denial, (x2) a specific reference to the provisions of the Agreement on which the denial is based, (y3) a description of any additional information or material necessary for 37 the Claimant to perfect his or her claim, and a description of why it is needed, and (z4) an explanation of the Agreement’s 's claims review procedure and other appropriate information concerning as to the steps to be taken if the Claimant wishes to have the claim reviewed. If the Plan Administrator Bank determines that there are special circumstances requiring additional time to make a decision, the Bank will shall notify the Claimant of the special circumstances and the date by which a decision is expected to be made made, and may extend the time for up to an additional 90 ninety (90) days.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (North Valley Bancorp)