Death Prior to Commencement of Benefit Payments. If the Director dies prior to the commencement of benefit payments, the Company shall pay to the Director's beneficiary the benefit described in this Section 5.1 in lieu of any other benefit under this Agreement.
Appears in 6 contracts
Samples: Director Deferred Fee Agreement (First Community Financial Corp), Director Deferred Fee Agreement (First Community Financial Corp), Director Deferred Fee Agreement (First Community Financial Corp)
Death Prior to Commencement of Benefit Payments. If the Director dies prior to the commencement of benefit payments, the Company Bank shall pay to the Director's ’s beneficiary the benefit described in this Section 5.1 in lieu of any other benefit under this Agreement.
Appears in 2 contracts
Samples: Director Deferred Fee Agreement (Riverview Financial Corp), Director Deferred Fee Agreement (First Perry Bancorp, Inc)
Death Prior to Commencement of Benefit Payments. If the Director dies prior to the commencement of benefit payments, the Company shall pay to the Director's beneficiary the benefit described in this Section 5.1 in lieu of any other benefit under this Agreement.
Appears in 1 contract
Samples: Director Deferred Fee Agreement (Mid Penn Bancorp Inc)
