Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the 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 18 contracts
Samples: First National (Iowa First Bancshares Corp), Compensation Agreement (North Valley Bancorp), Executive Deferred Compensation Agreement (North Valley Bancorp)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's ’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 13 contracts
Samples: Continuation Agreement (Madison County Financial, Inc.), Salary Continuation Agreement (Madison County Financial, Inc.), Continuation Agreement (Madison County Financial, Inc.)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits Accrual Balance at the time of the Executive’s death to the Executive's ’s beneficiary at in a lump sum within 90 days of the same time and in the same amounts they would have been paid to the Executive had the Executive survivedExecutive’s death.
Appears in 11 contracts
Samples: Salary Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Community Capital Corp /Sc/), Salary Continuation Agreement (Community Capital Corp /Sc/)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's ’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: Continuation Agreement (Heritage Oaks Bancorp), Continuation Agreement (Heritage Oaks Bancorp), Continuation Agreement (Heritage Oaks Bancorp)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary ’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: Employment Agreement (Greer Bancshares Inc), Employment Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime 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 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 5 contracts
Samples: Continuation Agreement (Cornerstone Bancorp Inc), Continuation Agreement (Cornerstone Bancorp Inc), Continuation Agreement (Benjamin Franklin Bancorp, M.H.C.)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the 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 5 contracts
Samples: Deferred Compensation Agreement (Quad City Holdings Inc), Compensation Agreement (Quad City Holdings Inc), Rapids Bank and Trust (QCR Holdings Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement Article 2 but before receiving all such payments, the Company Bank shall pay the remaining benefits benefit payments to the Executive's beneficiary ’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: Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the all remaining benefits to the Executive's beneficiary Executive 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 (Bank of Commerce Holdings), Continuation Agreement (Bank of Commerce Holdings), Continuation Agreement (Bank of Commerce Holdings)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime 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 Executive's ’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 Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits Accrual Balance at the time of the Executive's death to the Executive's beneficiary at in a lump sum within 90 days of the same time and in the same amounts they would have been paid to the Executive had the Executive survivedExecutive's death.
Appears in 2 contracts
Samples: Continuation Agreement (Dutchfork Bancshares Inc), Continuation Agreement (Dutchfork Bancshares Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement Article 2 but before receiving all such payments, the Company shall pay the remaining benefits benefit payments to the Executive's beneficiary Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. However, only the benefit payments required under the Executive's form
Appears in 2 contracts
Samples: Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement Article 2 but before receiving all such payments, the Company shall pay the remaining benefits benefit payments to the Executive's beneficiary Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. However, only the benefit payments required under the Executive's form of distribution option shall be paid (e.g., no payment to the Executive's Beneficiary if the Executive had elected a life annuity form of distribution).
Appears in 2 contracts
Samples: Agreement (Cb Bancshares Inc/Hi), Agreement (Cb Bancshares Inc/Hi)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement Article 2 but before receiving all such payments, the Company shall pay the remaining benefits benefit payments to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. However, only the benefit payments 42 required under the Executive’s form of distribution option shall be paid (e.g., no payment to the Executive’s Beneficiary if the Executive had elected a life annuity form of distribution).
Appears in 1 contract
Samples: Agreement (Cb Bancshares Inc/Hi)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the all remaining benefits to the Executive's beneficiary Executive Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.lived to her full life expectancy, as determined by IRS Publication 590, but not less than 20 years. Bank of Commerce Salary Continuation Agreement
Appears in 1 contract
Samples: Commerce Salary Continuation Agreement (Bank of Commerce Holdings)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. The Bank may, in its sole discretion, pay the benefit balance to the Executive's beneficiary in a lump sum within 90 days following the Executive's death.
Appears in 1 contract
Samples: Incentive and Retirement Agreement (New South Bancshares Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement Article 3 but before receiving all such payments, the Company shall pay the remaining benefits benefit payments to the Executive's beneficiary Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. However, only the benefit payments required under the Executive's form of distribution option shall be paid (e.g., no payment to the Executive's Beneficiary if the Executive had elected a life annuity form of distribution).
Appears in 1 contract
Samples: Agreement (Cb Bancshares Inc/Hi)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime 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 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 Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime 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 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 Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement but before receiving all such paymentsthe value of the Deferred Compensation Account is fully paid, the Company Bank shall pay the all remaining benefits to the Executive's beneficiary Executive Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survivedlived to his full life expectancy, as determined by tables in IRS Publication 590, but not less than twenty years.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under this Agreement but before receiving all such paymentsthe value of the Deferred Compensation Account is fully paid, the Company Bank shall pay the all remaining benefits to the Executive's beneficiary Executive Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.lived to his full life expectancy, as determined by tables in IRS Publication 590, but not less than twenty years. Final Salary Continuation Agreement Bank of Commerce Salary Continuation Agreement
Appears in 1 contract
Samples: Commerce Salary Continuation Agreement (Bank of Commerce Holdings)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime benefit payments have commenced under Article 2 of this Agreement but before receiving all such payments, the Company shall cease paying the benefit and, in lieu thereof, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and present value of the remaining benefit in a split-dollar arrangement described in the same amounts they would have been paid to Split Dollar Agreement attached as Addendum A between the Executive had Company and the Executive survivedExecutive.
Appears in 1 contract
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. GREER STATE BANK Amended and Restated Stock Appreciation Rights Agreement
Appears in 1 contract
Samples: Stock Appreciation Rights Agreement (Greer Bancshares Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary ’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: Stock Appreciation Rights Agreement (Greer Bancshares Inc)
Death During Payment of a Lifetime Benefit. If the Executive dies after any Lifetime Benefit lifetime 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 Executive's ’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