Death Prior to Retirement Date. In the event the Executive dies while actively employed by the Corporation at any time after the Effective Date but prior to his Retirement Date, and the Executive would have been eligible to receive an Early Retirement Benefit had he Terminated on the date of death, the Corporation will pay a Death Benefit to the Executive’s Beneficiary equal to the Early Retirement Benefit the Executive would have received had he Terminated on the date of death.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Rurban Financial Corp), Supplemental Executive Retirement Plan Agreement (Rurban Financial Corp)
Death Prior to Retirement Date. In the event the Executive dies while actively employed by the Corporation Company at any time after the Effective Date but prior to his the Executive’s Retirement Date, and the Executive would have been eligible to receive an Early Retirement Benefit had he Terminated on the date of death, the Corporation Company will pay a Death Benefit to the Executive’s Beneficiary equal to the Early Retirement Benefit the Executive would have received had he Terminated on the date of death.
Appears in 1 contract
Samples: Executive Retirement Plan Agreement (Sb Financial Group, Inc.)
Death Prior to Retirement Date. In the event the Executive dies while actively employed by the Corporation at any time after the Effective Date but prior to his Retirement Date, and the Executive would have been eligible to receive an Early Retirement Benefit had he Terminated on the date of death, the Corporation will pay a Death Benefit death benefit to the Executive’s Beneficiary equal to the Early Retirement Benefit the Executive would have received had he Terminated on the date of death.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Rurbanc Data Services Inc)
