Death After Retirement. The Employer agrees that if the Executive shall so retire, but shall die before receiving the full amount of payments to which he is entitled hereunder, it will continue to make such payments to the Executive's designated beneficiary as provided for in this Agreement. If a valid Beneficiary Designation is not in effect, then the payment shall be made to the Executive's Surviving Spouse, or if none, said payment shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.
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Samples: Deferred Compensation Agreement (Humboldt Bancorp), Deferred Compensation Agreement (Humboldt Bancorp)
Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, but shall die before receiving the full amount of monthly payments to which he is entitled hereunder, it will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executiveexecutive's Surviving Spousesurviving spouse or, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.
Appears in 2 contracts
Samples: Executive Salary Continuation Agreement (Boston Private Financial Holdings Inc), Executive Salary Continuation Agreement (Boston Private Financial Holdings Inc)
Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, but shall die before receiving the full fully amount of payments to which he is entitled hereunder, it will continue to make such payments to the Executive's designated beneficiary as provided Beneficiary on a monthly basis, for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spousesurviving spouse, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's his estate.
Appears in 2 contracts
Samples: Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)
Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, but shall die before receiving the full amount of monthly payments to which he is entitled hereunder, it will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spousesurviving spouse or, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's his estate.
Appears in 2 contracts
Samples: Continuation Agreement (East Ridge Bancshares Inc), Executive Salary Continuation Agreement (East Ridge Bancshares Inc)
Death After Retirement. The Employer agrees that if the Executive shall so retire, dies after the Retirement Date but shall die before receiving the full amount of monthly payments to which he is entitled hereunderunder this Agreement, it the Employer will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spouse, or if none, said payment shall be made to Xxxx X. Xxxxxx Family Revocable Trust Utd 4/5/91 (the duly qualified personal representative, executor or administrator of the Executive's estate"Xxxxxx Family Trust").
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Samples: Retirement and Release Agreement (Bay Area Bancshares)
Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, but shall die before receiving the full amount of monthly payments to which he is entitled hereunder, it will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spouse, or if none, said payment shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.to
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Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, dies after the Retirement Date but shall die before receiving the full amount of monthly payments to which he is entitled hereunderunder this Agreement, it the Corporation will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spousesurviving spouse or, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.
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Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, dies after the Retirement Date but shall die before receiving the full amount of monthly payments to which he is entitled hereunderunder this Agreement, it the Corporation will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spousesurviving spouse or, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.
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Death After Retirement. The Employer Corporation agrees that if the Executive shall so retire, but shall die before receiving the full amount of monthly payments to which he or she is entitled hereunder, it will continue to make such monthly payments to the Executive's designated beneficiary as provided Beneficiary for in this Agreementthe remaining period. If a valid Beneficiary Designation is not in effect, then the payment payments shall be made to the Executive's Surviving Spousesurviving spouse or, or if none, said payment payments shall be made to the duly qualified personal representative, executor or administrator of the Executive's his or her estate.
Appears in 1 contract
Samples: Continuation Agreement (United Security Bancorporation)
Death After Retirement. The Employer agrees that if the Executive shall so retire, but shall die before receiving the full amount of payments to which he is entitled hereunder, it will continue to make such payments to the Executive's designated beneficiary as provided for in In this Agreement. If a valid Beneficiary Designation is not in effect, then the payment shall be made to the Executive's Surviving Spouse, or if none, said payment shall be made to the duly qualified personal representative, executor or administrator of the Executive's estate.
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