Exclusivity of Benefits. Under no circumstance shall the Bank be obligated to pay both any portion of the Retirement Benefit and any portion of the Split Dollar death benefit. Executive acknowledges that receipt of either benefit (the Retirement Benefit or Split Dollar death benefit) precludes receipt of any portion of the other benefit.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc)
