Common use of Disability Continuation Clause in Contracts

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)

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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)

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