Death Benefit After Commencement of Benefits. In the event of the Employee's death after the commencement of Retirement Benefits, Normal Retirement Benefits, or Disability Retirement Benefits, but prior to the completion of all such payments due and owing hereunder, the Company shall continue to make such payments, in equal monthly installments, over the remainder of the period specified in paragraph 4 or 5 hereof that would have been applicable to the Employee had he survived. Such continuing payments shall be made to the Employee's designated beneficiary, in accordance with the last such designation received by the Company from the Employee prior to his death or if said payments are otherwise to be made as provided herein, said payments shall be made to the Employee's then living spouse, so long as she shall live and thereafter to such person or person, including her estate, as she may appoint under her Will, making specific reference hereto; if the Employee is not survived by a spouse or if she shall fail to so appoint, then said payments shall be made to the then living children of the Employee, if any, in equal shares, for their joint and survivor lives; and if none, or after their respective joint and survivor lives, any balance thereof in one lump sum to the estate of the Employee. Such continuing payments shall commence on the first day of the first month following the Employee's death.
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Samples: Reinsurance Pooling Agreement (Meridian Insurance Group Inc)
Death Benefit After Commencement of Benefits. In the event of the Employee's death after the commencement of Retirement Benefitsbenefits, Normal Retirement Benefits, or Disability Retirement Benefits, but prior to the completion of all such payments due and owing hereunder, the Company Corporation shall continue to make such payments, in equal monthly installments, over pay the remainder balance of the period specified Accrued Benefit in paragraph 4 or 5 hereof that would have been applicable to the Employee had he survived. Such continuing payments shall be made to a single lump sum the Employee's designated beneficiary, in accordance with the last such designation received by the Company Corporation form the Employee prior to his death. If no such designation has been received by the Corporation from the Employee prior to his death or if said payments are not otherwise to be made as provided herein, said payments shall be made to the Employee's then living spouse, so long as she shall live and thereafter to such person or personpersons, including her his estate, as she he may appoint under her his Will, or other testamentary instrument, making specific reference referenced hereto; if the Employee is not survived by a spouse or if she he shall fail to so appoint, then said payments shall be made to the then living children of the Employee, if any, in equal shares, for their joint and survivor lives; and if none, none or after their respective joint and survivor lives, any balance thereof in one lump sum to the estate of the Employee. Such continuing payments shall commence on the first day of the first month following the Employee's death. At its sole option, the Corporation may pay the Employee's entire Accrued Benefit as a single lump sum.
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Samples: Executive Deferred Compensation Agreement (Burke Flooring Products Inc)
Death Benefit After Commencement of Benefits. In the event of the Employee's death after the commencement of Retirement Benefits, Normal Retirement Benefits, or Disability Retirement Benefits, but prior to the completion of all such payments due and owing hereunder, the Company Corporation shall continue to make such payments, in equal monthly annual installments, over the remainder of the period -------------------------------------------------------------------------------- JUNE 3, 1997 *LAMALIE AMROP INTERNATIONAL* SECTION V PAGE 5 DEFERRED COMPENSATION PLAN 6 ================================================================================ 1997 DEFERRED COMPENSATION PLAN AGREEMENT ================================================================================ specified in paragraph 4 7 or 5 8 hereof that would have been applicable to had the Employee had he survived. Such continuing payments shall be made to the Employee's designated beneficiary, in accordance with the last such designation received by the Company Corporation from the Employee prior to his death. If no such designation has been received by the Corporation from the Employee prior to death or if said payments are otherwise to be made as provided herein, said payments shall be made to the Employee's then living spouse, so long as she the spouse shall live and thereafter to such person or personpersons, including her the spouse's estate, as she the spouse may appoint under her a Will, making specific reference hereto; if the Employee is not survived by a spouse or if she the spouse shall fail to so appoint, then said payments shall be made to the then living children of the Employee, if any, in equal shares, for their joint and survivor lives; and if none, or after their respective joint and survivor lives, any balance thereof in one lump sum to the estate of the Employee. Such continuing payments shall commence on the first day of the first month plan year following the Employee's death.
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Samples: Deferred Compensation Plan Agreement (Lamalie Associates Inc)
Death Benefit After Commencement of Benefits. In the event of the Employee's ’s death after the commencement of Retirement Benefits, Normal Retirement Benefits, or Disability Retirement Benefits, but prior to the completion of all such payments due and owing hereunder, the Company Employer shall continue to make such payments, in equal monthly installments, over the remainder of the period specified in paragraph 4 Paragraph 7 or 5 hereof 8 hereinabove, as applicable, that would have been applicable made to the Employee had he survived. Such continuing payments shall be made to the Employee's ’s designated beneficiary, in accordance with the last such designation received by the Company Employer from the Employee prior to his death. If no such designation has been received by the Employer from the Employee prior to death or if said payments are otherwise to be made as provided herein, said payments shall be made to the Employee's ’s then living spouse, so long as she said spouse shall live and thereafter to such person or personpersons, including her said estate, as she may appoint be appointed under her Willsaid spouse’s Xxxx, making specific reference hereto; if the Employee is not survived by a spouse or if she it said spouse shall fail to so appoint, then said payments shall be made to the then living children of the Employee, if any, in equal shares, for their joint and survivor lives; and if none, or after their respective joint and arid survivor lives, any balance thereof in one lump sum to the estate of the Employee. Such continuing payments shall commence on the first day of the first third month following the Employee's ’s death.
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