Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 24 contracts
Samples: Westbury Bank Salary Continuation Agreement (Westbury Bancorp, Inc.), Salary Continuation Agreement (Westbury Bancorp, Inc.), Salary Continuation Agreement (Westbury Bancorp, Inc.)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company and the Bank shall jointly and severally pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 16 contracts
Samples: Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 10 contracts
Samples: Continuation Agreement (Community Financial Corp /Md/), Continuation Agreement (Community Financial Corp /Md/), Continuation Agreement (Community Capital Corp /Sc/)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 10 contracts
Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Supplemental Executive Retirement Agreement (BCSB Bancorp Inc.), Supplemental Executive Retirement Agreement (BCSB Bancorp Inc.)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 9 contracts
Samples: Amended and Restated Agreement (MBT Financial Corp), Retirement Agreement (MBT Financial Corp), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 6 contracts
Samples: Continuation Agreement (Delhi Bank Corp), Continuation Agreement (Delhi Bank Corp), Continuation Agreement (Delhi Bank Corp)
Death During Payment of a Benefit. If the Executive dies after any benefit Benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 6 contracts
Samples: Bonus Deferral Agreement (Columbia Bancorp \Or\), Bonus Deferral Agreement (Columbia Bancorp \Or\), Bonus Deferral Agreement (Columbia Bancorp \Or\)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived, except that the provisions of Section 2.4 shall not apply.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv), Supplemental Executive Retirement Agreement (United Bankshares Inc/Wv)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they that would have been paid to the Executive had the Executive survived.
Appears in 4 contracts
Samples: Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc), Continuation Agreement (Appalachian Bancshares Inc)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 4 contracts
Samples: Valley Bank Executive Deferred Compensation Agreement (Temecula Valley Bancorp Inc), Deferred Compensation Agreement (Temecula Valley Bancorp Inc), Compensation Agreement (Mercantile Bank Corp)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the each same amounts they would have been paid to the Executive had the Executive survived.
Appears in 3 contracts
Samples: Continuation Agreement (Delhi Bank Corp), Salary Continuation Agreement (Delhi Bank Corp), Salary Continuation Agreement (Delhi Bank Corp)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 3 contracts
Samples: Executive Deferred Compensation Agreement (Premierwest Bancorp), Compensation Agreement (Texas United Bancshares Inc), Columbia Bancorp \Or\
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 3 contracts
Samples: Continuation Agreement (Beverly National Corp), Continuation Agreement (Beverly National Corp), Salary Continuation Agreement (Beverly National Corp)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. In the event of: (i)death prior to Normal Retirement Age and during payment of a Disability benefit; or (ii) death following payment of a Change of Control benefit, the Company shall pay the following death benefits in lieu of the benefit just described:
Appears in 2 contracts
Samples: Salary Continuation Agreement (United Bancshares Inc/Oh), Employment Agreement (United Bancshares Inc/Oh)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Employer shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc), Supplemental Executive Retirement Agreement (Midwest Banc Holdings Inc)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. In the event of death prior to Normal Retirement Age and during payment of a Disability benefit, the Company shall pay the following death benefits in lieu of the benefit just described:
Appears in 2 contracts
Samples: Salary Continuation Agreement (United Bancshares Inc/Oh), Salary Continuation Agreement (United Bancshares Inc/Oh)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 2 contracts
Samples: Compensation Agreement (PSB Holdings Inc /Wi/), Premierwest Bank Executive Deferred Compensation Agreement (Premierwest Bancorp)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 4 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 1 contract
Samples: Executive Deferred Incentive Agreement (Home Federal Bancorp Inc)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Beneficiary(ies) at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 1 contract
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 1 contract
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Beneficiary Executive’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (ISB Financial Corp.)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this this. Agreement but before receiving all such payments, the Company shall pay the then present value of the remaining benefits benefits, calculated using the Discount Rate, compounded monthly, to the Beneficiary at in a lump sum within sixty (60) days following the same time and in the same amounts they would have been paid to the Executive had the Executive survivedExecutive' S death.
Appears in 1 contract
Samples: Salary Continuation Agreement (Synovus Financial Corp)
Death During Payment of a Benefit. If the Executive dies after any benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company Umpqua shall pay the remaining benefits to the Beneficiary Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Appears in 1 contract
Samples: Deferred Compensation Agreement (Umpqua Holdings Corp)