Disability Continuation. If the Executive terminates employment due to disability and then dies before recovering from such disability, the Company shall pay to the Executive's designated beneficiary the survivor income benefit described in Article 2. Whether the Executive is disabled or has recovered from a disability shall be determined by the Company in its sole discretion.
Appears in 6 contracts
Samples: Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/)
Disability Continuation. If the Executive terminates employment due to disability and then dies before recovering from such disability, the Company shall pay to the Executive's ’s designated beneficiary the survivor income benefit described in Article 2. Whether the Executive is disabled or has recovered from a disability shall be determined by the Company in its sole discretion.
Appears in 4 contracts
Samples: Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Susquehanna Bancshares Inc)
Disability Continuation. If the Executive terminates employment due to disability Disability and then dies before reaching Normal Retirement Age and without recovering from such disabilityDisability, the Company Bank shall pay to the Executive's designated beneficiary in a single lump sum the survivor income benefit described in Article 2. Whether the Executive is disabled or has recovered from a disability shall be determined by the Company in its sole discretionSection 2.5.
Appears in 3 contracts
Samples: Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp), Income Agreement (Middlefield Banc Corp)
