Common use of Death During Payment of a Lifetime Benefit Clause in Contracts

Death During Payment of a Lifetime Benefit. If the Director 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 Director’s beneficiary at the same time and in the same amounts they would have been paid to the Director had the Director survived.

Death During Payment of a Lifetime Benefit. If the Director 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 Director’s 's beneficiary at the same time and in the same amounts they would have been paid to the Director had the Director survived.

Death During Payment of a Lifetime Benefit. If the Director 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 Director's beneficiary the Director’s beneficiary at the same time and benefit described in the same amounts they would have been paid to the Director had the Director survivedthis Section 3.2.

Death During Payment of a Lifetime Benefit. If the Director 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 Director's death to the Director’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 Director had the Director survivedDirector's death.

Death During Payment of a Lifetime Benefit. If the Director 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 Director's death to the Director’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 Director had the Director survived.Director's death. 3.3

Death During Payment of a Lifetime Benefit. If the Director dies after any 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 Director’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 Split Dollar Agreement attached as Addendum A between the Company and the Director. In the event that said benefit was paid in full and no liability remains on the books of the Company, no death benefit is due to the Director had the Director survivedDirector.