Common use of Death During Remaining Term of Agreement Clause in Contracts

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate shall be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 18 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

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Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by the Company and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate shall be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or nor an Affiliate be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 14 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an any Affiliate shall be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an any Affiliate be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 11 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by STWA and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b10(b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate STWA shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate STWA be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Amended And (Save the World Air Inc), Amended And (Save the World Air Inc), Employment Agreement (Save the World Air Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement year following his termination for without Disability or Cause by the Company and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate shall be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or nor an Affiliate be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by STWA and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate STWA shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate STWA be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Mercer be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate STWA shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate STWA be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Mercer be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b6(b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(46(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate STWA shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate STWA be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(56(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 3 contracts

Samples: Amended And (Save the World Air Inc), Employment Agreement (Save the World Air Inc), Amended And (Save the World Air Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate STWA shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate STWA be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (Save the World Air Inc), Employment Agreement (Save the World Air Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (1st Colonial Bancorp Inc), Employment Agreement (1st Colonial Bancorp Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement year following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an any Affiliate shall be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an any Affiliate be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by Mercer and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Mercer be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (Mercer Insurance Group Inc), Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by CNB and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (1st Colonial Bancorp Inc), Employment Agreement (1st Colonial Bancorp Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 2 contracts

Samples: Employment Agreement (1st Colonial Bancorp Inc), Employment Agreement (1st Colonial Bancorp Inc)

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Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described described, in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate old Guard shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate old Guard be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Old Guard Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by Mercer and FHI and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer and FHI shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Mercer and FHI be required to provide, at its their cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive EMPLOYEE dies during the remaining term of this Agreement following his termination for without Disability or Cause by CNB and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive EMPLOYEE was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (1st Colonial Bancorp Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Old Guard shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Old Guard be required requited to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Old Guard Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive EMPLOYEE dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive EMPLOYEE was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (1st Colonial Bancorp Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability Good Reason and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer and FHI shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company Mercer or an Affiliate FHI be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive EMPLOYEE dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate CNB shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate CNB be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive EMPLOYEE was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (1st Colonial Bancorp Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for Disability and he is survived by a spouse, the compensation and benefits remaining to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Mercer and FHI shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Mercer and FHI be required to provide, at its their cost, the other welfare benefits described in Subparagraph (b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Mercer Insurance Group Inc)

Death During Remaining Term of Agreement. (1) In the event the Executive dies during the remaining term of this Agreement following his termination for without Disability or Cause by Old Guard and he is survived by a spouse, the compensation and benefits remaining required to be paid and provided under Subparagraph (b) shall be unaffected by his death and shall be paid and provided to her or on her behalf; provided, however, that the extent of her rights to the accrued benefits described in Subparagraph (b)(4Paragraph 6(b)(4) shall be determined by reference to the relevant plan provisions and any elections made under such plans; and provided further, that neither the Company nor an Affiliate Old Guard shall not be required to provide continued benefits with respect to her deceased husband; and provided further, that in no event shall the Company or an Affiliate Old Guard be required to provide, at its cost, the other welfare benefits described in Subparagraph (b)(5Paragraph 6(b)(5) to such spouse and her eligible dependents after the earlier of (i) her death, or (ii) the later of (A) her attainment of age 65, or (B) the date specified in the relevant plan document for benefit termination (assuming that the Executive was employed until age 65 or the normal retirement date, if any, specified in such document).

Appears in 1 contract

Samples: Employment Agreement (Old Guard Group Inc)

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