Common use of Death After Retirement Clause in Contracts

Death After Retirement. In the event of the Executive's death after commencement of the Executive's Supplemental Retirement Benefit, the Executive's Beneficiary shall receive, beginning with the first day of the month following the Executive's death and payable monthly, an annual amount equal to two-thirds of the Supplemental Retirement Benefit that was being paid to the Executive prior to the Executive's death.

Appears in 4 contracts

Samples: Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc)

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Death After Retirement. In the event of the Executive's ’s death after commencement of the Executive's ’s Supplemental Retirement Benefit, the Executive's ’s Beneficiary shall receive, beginning with the first day of the month following the Executive's ’s death and payable monthly, an annual amount equal to two-thirds of the Supplemental Retirement Benefit that was being paid to the Executive prior to the Executive's ’s death.

Appears in 4 contracts

Samples: Supplemental Retirement Agreement, Supplemental Retirement Agreement (Pathmark Stores Inc), Supplemental Retirement Agreement (Pathmark Stores Inc)

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