Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s estate.
Appears in 28 contracts
Samples: Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA), Supplemental Executive Retirement Agreement (Southern California Bancorp \ CA), Supplemental Executive Retirement Agreement (Plumas Bancorp)
Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s 's estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Lyons Bancorp Inc)
Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Agreement Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s estate.
Appears in 1 contract
Samples: Executive Supplemental Income Agreement (Origin Bancorp, Inc.)
Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. , If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Lyons Bancorp Inc)
Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s estate.
Appears in 1 contract
Failure to Designate a Beneficiary. If Executive dies without a valid Beneficiary designation on file with the Plan Administrator, the Executive’s surviving spouse, if any, shall become the designated Beneficiary. If Executive has no surviving spouse, death benefits shall be paid to the personal representative of Executive’s estate, to be administered as part of the Executive’s estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Centra Financial Holdings Inc)
