Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, Executive's beneficiary shall receive from the Insurer the Endorsement Split Dollar benefit described in this Section 3.1.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)
Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, (defined as attainment of sixty-five years of age) Executive's ’s designated beneficiary shall receive from the Insurer the Endorsement Split Dollar death benefit described in this Section 3.1Paragraph 10.1.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Agreement (CCFNB Bancorp Inc)
Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, (defined as attainment of sixty-five years of age) Executive's designated beneficiary shall receive from the Insurer the Endorsement Split Dollar death benefit described in this Section 3.1Paragraph 10.1.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Agreement (CCFNB Bancorp Inc)
Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, Executive's ’s beneficiary shall receive from the Insurer the Endorsement Split Dollar benefit described in this Section 3.13.1.1. The Bank will not pay any death benefits after normal retirement age.
Appears in 2 contracts
Samples: Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc), Supplement Executive Retirement Plan Agreement (First Perry Bancorp, Inc)
Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, Executive's beneficiary shall receive from the Insurer the Endorsement Split Dollar benefit described in this Section 3.1.
Appears in 1 contract
Samples: Agreement (East Penn Financial Corp)
Death Before Normal Retirement Age. If Executive dies while actively employed by Bank before reaching the Normal Retirement Age, Executive's ’s beneficiary shall receive from the Insurer the Endorsement Split Dollar benefit described in this Section 3.1.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (CCFNB Bancorp Inc)
