Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 48 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Continuation Agreement (Bank of the James Financial Group Inc), Salary Continuation Agreement (Bank of Marin Bancorp)
Death During Active Service. If the Executive dies prior to Separation from Servicewhile in the active service of the Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 38 contracts
Samples: Continuation Agreement (National Bankshares Inc), Continuation Agreement (Luther Burbank Corp), Continuation Agreement (Luther Burbank Corp)
Death During Active Service. If the Executive dies prior to Separation from Servicewhile in the active service of the Bank, the Bank shall distribute pay to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed paid in lieu of any benefit the benefits under Article 2.
Appears in 18 contracts
Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Supplemental Executive Retirement Agreement (BCSB Bancorp Inc.)
Death During Active Service. If the Executive Director dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 12 contracts
Samples: Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)
Death During Active Service. If the Executive dies prior to Separation from ServiceTermination of Employment, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 11 contracts
Samples: Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.15.1. This benefit shall be distributed in lieu of any the benefit under Article 24.
Appears in 9 contracts
Samples: Long Term Incentive Agreement, Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc)
Death During Active Service. If the Executive dies prior while in the active service to Separation from Servicethe Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 8 contracts
Samples: Two River Community Bank Supplemental Executive Retirement Agreement (Two River Bancorp), Supplemental Executive Retirement Agreement (Home Federal Bancorp), Supplemental Executive Retirement Agreement (Home Federal Bancorp)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit benefits under Article 2.
Appears in 8 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Cambridge Trust Company (Cambridge Bancorp), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
Death During Active Service. If the Executive dies prior to Separation from Servicewhile in the active service of the Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit These benefits shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 7 contracts
Samples: Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. 3.1 This benefit shall be distributed in lieu of any benefit benefits under Article 2.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Athens Federal Community Bank Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Floridian Financial Group Inc), Salary Continuation Agreement (Tib Financial Corp.), Salary Continuation Agreement (Tib Financial Corp.)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank Corporation shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Agreement (CenterState Banks, Inc.), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.), Supplemental Executive Retirement Agreement (CenterState Banks, Inc.)
Death During Active Service. If the Executive dies before Separation from Service and prior to Separation from ServiceNormal Retirement Age, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 5 contracts
Samples: Continuation Agreement (Community Financial Corp /Md/), Continuation Agreement (Community Financial Corp /Md/), Continuation Agreement (Community Financial Corp /Md/)
Death During Active Service. If the Executive dies prior to Separation from ServiceService and Disability, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 4 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)
Death During Active Service. If the Executive dies while in the Active Service of the Bank and prior to Separation from Servicereaching Normal Retirement Age, then the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Enterprise Bank and Trust Company (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.15.1. This benefit shall be distributed in lieu of any benefit under Article 24.
Appears in 3 contracts
Samples: Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp), Deferred Compensation Agreement (Alamogordo Financial Corp)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit benefits under Article 2.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp)
Death During Active Service. If the Executive dies before Separation from Service and prior to Separation from ServiceNormal Retirement Age, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.. COMMUNITY BANK OF TRI-COUNTY Salary Continuation Agreement
Appears in 2 contracts
Samples: Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/)
Death During Active Service. If the Executive dies prior to Separation from Servicewhile in the active --------------------------- service of the Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 2 contracts
Samples: Pacific Premier (Pacific Premier Bancorp Inc), Pacific Premier (Pacific Premier Bancorp Inc)
Death During Active Service. If the Executive dies prior to Separation from ServiceService or Disability, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 2 contracts
Samples: Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp), Juniata Valley Bank Salary Continuation Agreement (Juniata Valley Financial Corp)
Death During Active Service. If the Executive Director dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.15.1. This benefit shall be distributed in lieu of any the benefit under Article 24.
Appears in 2 contracts
Samples: Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Compensation Agreement (LINKBANCORP, Inc.)
Death During Active Service. If the Executive dies prior to a Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. , This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Samples: Salary Continuation Agreement (Floridian Financial Group Inc)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2. The Beneficiary shall be required to provide to the Bank the Executive’s death certificate prior to receiving any payment under this Section 3.
Appears in 1 contract
Samples: Salary Continuation Agreement (BayFirst Financial Corp.)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.15.1. This benefit shall be distributed in lieu of any benefit under Article 2.4. 5.1.1
Appears in 1 contract
Death During Active Service. If the Executive dies prior to Separation from ServiceService and Disability, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 1 contract
Death During Active Service. If the Executive dies before Separation from Service and prior to Separation from ServiceNormal Retirement Age, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be he distributed in lieu of any benefit the benefits under Article 2.
Appears in 1 contract
Samples: Continuation Agreement (Community Financial Corp /Md/)
Death During Active Service. If the Executive dies prior to Separation from Serviceattaining Normal Retirement Age, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Northwest Bancorporation Inc)
Death During Active Service. If the Executive dies prior while in the active ---------------------------- service to Separation from Servicethe Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 1 contract
Death During Active Service. If the Executive dies prior to Separation from ServiceTermination of Employment, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.12.1. This benefit shall be distributed in lieu of any benefit benefits under Article 21.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
Death During Active Service. If the Executive dies prior to a Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc)
Death During Active Service. If the Executive dies prior to a Separation from ServiceService with the Bank, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit the benefits under Article 2.
Appears in 1 contract
Samples: Continuation Agreement (Dimeco Inc)
Death During Active Service. If the Executive dies prior to Separation from Service, the Bank shall distribute to the Beneficiary the benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Riverview Financial Corp)
Death During Active Service. If the Executive dies prior to a Separation from Service, the Bank shall distribute to the Beneficiary the annual benefit described in this Section 3.1. This benefit shall be distributed in lieu of any benefit under Article 2.
Appears in 1 contract
Death During Active Service. If the Executive dies prior to Separation from Service, Disability or Change in Control, the Bank Company shall distribute to the Beneficiary the benefit described in this Section 3.14.1. This benefit shall be distributed in lieu of any the benefit under Article 23.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Centerstate Banks of Florida Inc)
