Common use of Forfeiture of Benefit Clause in Contracts

Forfeiture of Benefit. Notwithstanding the provisions of Section 4.1, the Executive will forfeit his or her Vested Insurance Benefit: (i) if and to the extent the Executive violates any of the provisions detailed in Article 7; (ii) in the case of a disabled Executive who vested pursuant to Section 4.1.3, if such Executive becomes gainfully employed by a financial services provider other than the Bank; or (iii) the Executive provides written notice to the Bank voluntarily declining further participation in the split dollar arrangement.

Forfeiture of Benefit. Notwithstanding the provisions of Section 4.13.1, the Executive will forfeit his or her Vested Insurance BenefitBenefit if: (i) if and to the extent the Executive violates any of the provisions detailed in Article 7; (ii) in the case of a disabled Executive who vested pursuant to Section 4.1.3, if such Executive 3.1.2 and becomes gainfully employed by a financial services provider an entity other than the BankCompany; or (iiiii) the Executive provides written notice to the Bank voluntarily Company declining further participation in the split dollar arrangementAgreement.

Forfeiture of Benefit. Notwithstanding the provisions of Section 4.13.1, the Executive will forfeit his or her Vested Insurance BenefitBenefit if: (i) if and to the extent the Executive violates any of the provisions detailed in Article 76; (ii) in the case of a disabled Executive who vested pursuant to Section 4.1.3, if such Executive 3.1.4 and becomes gainfully employed by a financial services provider an entity other than the Bank; or (iii) the Executive provides written notice to the Bank voluntarily declining further participation in the split dollar arrangementAgreement.

Forfeiture of Benefit. Notwithstanding the provisions of Section 4.13.1, the Executive will forfeit his or her Vested Insurance BenefitBenefit if: (i) if and to the extent the Executive violates any of the provisions detailed in Article 7; (ii) in the case of a disabled Executive who vested pursuant to Section 4.1.3, if such Executive becomes gainfully employed by a financial services provider other than the Bank6; or (iiiii) the Executive provides written notice to the Bank voluntarily declining further participation in the split dollar arrangementAgreement.

Forfeiture of Benefit. Notwithstanding the provisions of Section 4.13.1, the Executive will forfeit his or her Vested Insurance BenefitBenefit if: (i) if and to the extent the Executive violates any of the provisions detailed in Article 76; (ii) in the case of a disabled Executive who vested pursuant to Section 4.1.3, if such Executive 3.1.2 and becomes gainfully employed by a financial services provider an entity other than the Bank; or (iii) the Executive provides written notice to the Bank voluntarily declining further participation in the split dollar arrangementAgreement.