Common use of Death of Executive After Commencement of SERP Benefit Clause in Contracts

Death of Executive After Commencement of SERP Benefit. If the Executive dies after his SERP Benefit has commenced to be paid, the only death benefit, if any, payable under the SERP shall be the survivor portion, if any, of the form of annuity benefit selected by Executive and in effect prior to the Executive’s death.