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: Supplemental Executive Retirement Plan (Citizens Holding Co /MS/), Deferred Compensation Agreement (Team Financial Inc /Ks), Deferred Compensation Agreement (Team Financial Inc /Ks)
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: Executive Supplemental Income Agreement (Peoples Financial Corp /MS/)
