Effect of Payment. Payment to the Beneficiary shall completely discharge the Company's obligations under this Plan.
Appears in 5 contracts
Samples: Employment Agreement (Interpublic Group of Companies Inc), Employment Agreement (Aerobic Creations, Inc.), Employment Agreement (Aerobic Creations, Inc.)
Effect of Payment. Payment The payment to the deemed Beneficiary shall completely discharge the Company's Employer’s obligations under this Plan.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan (Trico Bancshares /), Supplemental Executive Retirement Plan (Heritage Commerce Corp)
Effect of Payment. Payment The payment to the deemed Beneficiary shall completely discharge the Company's ’s obligations under this Plan.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (North Bay Bancorp/Ca)
Effect of Payment. Payment The payment to the deemed Beneficiary shall completely discharge the CompanyEmployer's obligations under this Plan.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (Venture Financial Group Inc)
Effect of Payment. Payment The payment to the deemed Beneficiary shall completely discharge the Company's ’s obligations under this PlanAgreement.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (R H Donnelley Corp)
Effect of Payment. Payment to the Beneficiary shall completely discharge the CompanyEmployer's obligations under this Plan.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Riggs National Corp)
Effect of Payment. Payment The payment to the deemed Beneficiary shall completely discharge the Company's obligations under this Plan.
Appears in 1 contract
Samples: Not Specified (Egghead Inc /Wa/)
