Disability Continuation. If the Executive terminates employment due to Disability and then dies, the Bank shall pay to the Executive’s designated beneficiary in a single lump sum the survivor income benefit described in Section 2.5.2.
Appears in 3 contracts
Samples: Income Agreement (Premierwest Bancorp), Income Agreement (Premierwest Bancorp), Income Agreement (Premierwest Bancorp)
Disability Continuation. If the Executive terminates employment due to Disability and then dies, the Bank shall pay to the Executive’s 's designated beneficiary in a single lump sum the survivor income benefit described in Section 2.5.2.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Premierwest Bancorp)