Common use of Full Obligation Clause in Contracts

Full Obligation. Notwithstanding any provision to the contrary, when the Company has paid either the lifetime benefits or death benefits as appropriate under any section of the Agreement, the Company has completed its obligation to the Executive.

Appears in 9 contracts

Samples: Continuation Agreement (Citizens Holding Co /MS/), Deferred Compensation Agreement (Team Financial Inc /Ks), Deferred Compensation Agreement (Team Financial Inc /Ks)

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Full Obligation. Notwithstanding any provision to the contrary, when the Company has paid either the lifetime benefits a Lifetime Benefit or death benefits a Death Benefit as appropriate under any section of the Agreement, the Company has completed its obligation to the Executive.

Appears in 1 contract

Samples: Supplemental Income Agreement (Peoples Financial Corp /MS/)

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