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

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts at the same times as the Employer would have paid the Executive, had the Executive survived.

Appears in 34 contracts

Samples: Deferred Compensation Agreement (Orrstown Financial Services Inc), Deferred Compensation Agreement (Peapack Gladstone Financial Corp), Deferred Compensation Agreement (Peapack Gladstone Financial Corp)

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Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts at the same times as the Employer would have paid the Executive, Executive had the Executive survived.

Appears in 33 contracts

Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Supplemental Executive Retirement Agreement (Farmers & Merchants Bancshares, Inc.), 2022 Supplemental Executive Retirement Plan (CCFNB Bancorp Inc)

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts remaining benefits at the same times time and in the same amounts as the Employer would have paid the Executive, Executive had the Executive survived.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp), Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp), Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp)

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts at the same times as the Employer would have paid the Executive, Executive had the Executive survived.

Appears in 3 contracts

Samples: Supplemental Retirement Benefit Agreement, Supplemental Retirement Benefit Agreement (Midland States Bancorp, Inc.), Supplemental Retirement Benefit Agreement (Midland States Bancorp, Inc.)

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts at remaining Accrued Benefit in a lump sum the same times as the Employer would have paid month following the Executive, had the Executive survived’s death.

Appears in 3 contracts

Samples: Salary Continuation Agreement (West End Indiana Bancshares, Inc.), Salary Continuation Agreement (West End Indiana Bancshares, Inc.), Salary Continuation Agreement (West End Indiana Bancshares, Inc.)

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts at the same times as the Employer would have paid the Executive, Executive had the Executive survived.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Emclaire Financial Corp)

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Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer Company shall pay the Beneficiary the same amounts at the same times as the Employer Company would have paid the Executive, Executive had the Executive survived.

Appears in 1 contract

Samples: Retirement Agreement (MUNCY COLUMBIA FINANCIAL Corp)

Death Subsequent to Commencement of Benefit Payments.  In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer Company shall pay the Beneficiary the same amounts remaining Accrued Benefits at the same times and in the same amounts as the Employer Company would have paid the Executive, Executive had the Executive survived.. 

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan (Ministry Partners Investment Company, LLC)

Death Subsequent to Commencement of Benefit Payments. In the event the Executive dies while receiving payments, but prior to receiving all payments due and owing hereunder, the Employer shall pay the Beneficiary the same amounts benefits to which the Executive was entitled at the same times as the Employer Executive would have paid the Executive, had the Executive survivedbeen paid.

Appears in 1 contract

Samples: Continuation Agreement (Heritage Oaks Bancorp)

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