Death of the Executive. In the event of the death of the Executive, this agreement shall terminate and, if applicable, the Executive's beneficiary(ies) shall be paid a death benefit under the terms of the Endorsement Method Split Dollar Agreement between the Executive and the Bank and not this agreement.
Appears in 7 contracts
Samples: Executive Salary Continuation Agreement (American Bancorp of New Jersey Inc), Executive Salary Continuation Agreement (American Bancorp of New Jersey Inc), Executive Salary Continuation Agreement (American Bancorp of New Jersey Inc)
