Common use of Death Prior to Commencement of Benefit Payments Clause in Contracts

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Thousand Dollars ($50,000) ($750,000 in the aggregate) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s death.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Forty-Two Thousand Dollars ($50,000) ($750,000 in the aggregate42,000) in lieu of any other benefit hereunder. The annual benefit will shall be paid in one hundred eighty (180) equal monthly installments commencing on the first day of the month following the date of Executive’s deathdeath and continuing for ten (10) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Thirty-Eight Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate38,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen the greater of (15i) years in the amount of Fifty Deferral Account balance or (ii) Two Million Two Hundred Sixty Thousand Six Hundred Thirty-Eight Dollars ($50,000) ($750,000 in the aggregate) 2,260,638), in lieu of any other benefit hereunder. The annual This benefit will shall be paid in one hundred eighty (180) consecutive equal monthly installments commencing the month following the date of Executive’s death, with interest credited on the unpaid balance at the Distribution Period Crediting Rate.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Nine Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate9,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Eight Thousand Dollars ($50,000) ($750,000 in the aggregate58,000) in lieu of any other benefit hereunder. The annual benefit will shall be paid in one hundred eighty (180) equal monthly installments commencing on the first day of the month following the date of Executive’s deathdeath and continuing for ten (10) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an the vested annual benefit for fifteen (15) years in the amount of Fifty Thousand Dollars ($50,000) ($750,000 in the aggregate) in lieu of any other benefit hereunder. The vested annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s death.death and continuing for fifteen (15) years. The vested annual benefit shall be calculated as follows:

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an the vested annual benefit for fifteen (15) years in the amount of Fifty Thousand Dollars ($50,000) ($750,000 in the aggregate) in lieu of any other benefit hereunder. The vested annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s death.'s death and continuing for fifteen (15) years. The vested annual benefit shall be calculated as follows:

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Twenty-Two Thousand Dollars ($50,000) ($750,000 in the aggregate22,000) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit in the amount of _________________. The Employer will pay the annual benefit in twelve (12) equal monthly installments for a period of fifteen (15) years in commencing on the amount first day of Fifty Thousand Dollars ($50,000) ($750,000 in the aggregate) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the fourth month following the date of Executive’s death.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Twenty Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate20,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Sixty-Nine Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate69,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Fifty-Five Thousand Dollars ($50,000) ($750,000 in the aggregate55,000) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from ServiceService and Disability, the Employer shall pay the Beneficiary an annual benefit for fifteen the greater of (15i) years in the amount of Fifty Deferral Account balance or (ii) Two Million Five Hundred Forty-Three Thousand Eight Hundred Ninety Dollars ($50,000) ($750,000 in the aggregate) 2,543,890), in lieu of any other benefit hereunder. The annual This benefit will shall be paid in one hundred eighty (180) consecutive equal monthly installments commencing the month following the date of Executive’s death, with interest credited on the unpaid balance at the Distribution Period Crediting Rate.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen the greater of (15i) years in the amount of Fifty Accrued Benefit or (ii) Two Million One Hundred Twenty-Seven Thousand Two Hundred Seventy-Five Dollars ($50,000) ($750,000 in the aggregate2,127,275) in lieu of any other benefit hereunder. The annual benefit will shall be paid in one hundred eighty (180) equal monthly installments commencing a lump sum the month following the date of Executive’s death.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Forty-Two Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate42,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty One Hundred Thousand Dollars ($50,000100,000) ($750,000 1,500,000 in the aggregate) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s death.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Forty-Two Thousand Dollars ($50,000) ($750,000 in the aggregate42,000) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual benefit for fifteen (15) years in the amount of Fifty Twenty-Six Thousand Five Hundred Dollars ($50,000) ($750,000 in the aggregate26,500) in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing the month following the date of Executive’s deathdeath and continuing for fifteen (15) years.

Death Prior to Commencement of Benefit Payments. In the event the Executive dies prior to Separation from Service, the Employer shall pay the Beneficiary an annual the benefit for fifteen (15) years in the amount of Fifty Thousand Dollars ($50,000) ($750,000 in shown on the aggregate) table below in lieu of any other benefit hereunder. The annual benefit will be paid in one hundred eighty (180) equal monthly installments commencing a lump sum the month following the date Executive’s death. Year of Executive’s death.Death Amount of Benefit 2021 $ 2,744,150 2022 $ 2,983,406 2023 $ 3,229,940 2024 $ 3,483,972 2025 or later $ 3,629,187