No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 142 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement, Salary Continuation Agreement
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s estate.
Appears in 62 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Mid Penn Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 46 contracts
Samples: Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Westbury Bancorp, Inc.), Salary Continuation Agreement (Synovus Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 32 contracts
Samples: Supplemental Life Insurance Agreement (Catalyst Bancorp, Inc.), Split Dollar Life Insurance Agreement, Split Dollar Agreement
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 24 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 23 contracts
Samples: Salary Continuation Agreement (Bank of Marin Bancorp), Supplemental Executive Retirement Agreement, Supplemental Executive Retirement Agreement (Farmers & Merchants Bancshares, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 18 contracts
Samples: Supplemental Salary Continuation Agreement (Investar Holding Corp), Supplemental Salary Continuation Agreement (Investar Holding Corp), Salary Continuation Agreement (Eagle Bancorp Montana, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s estate.
Appears in 18 contracts
Samples: Executive Deferred Compensation Agreement (Ohio Valley Banc Corp), Long Term Incentive Agreement, Executive Deferred Compensation Agreement (CBTX, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 16 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (First Reliance Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s 's estate.
Appears in 16 contracts
Samples: Supplemental Life Insurance Agreement (Community Financial Corp /Md/), Split Dollar Endorsement Agreement (Heartland Bancshares Inc /In/), Endorsement Split Dollar Life Insurance Agreement (ESSA Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 14 contracts
Samples: Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (National Bankshares Inc), Supplemental Life Insurance Agreement (MB Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate.
Appears in 13 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Eagle Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Eagle Bancorp Inc), Supplemental Executive Retirement Plan Agreement
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate.
Appears in 13 contracts
Samples: Supplemental Executive Retirement Plan (ConnectOne Bancorp, Inc.), Split Dollar Agreement (Charter Financial Corp), Split Dollar Agreement (Charter Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 11 contracts
Samples: Executive Deferred Compensation Agreement, Executive Deferred Compensation Agreement (First Ulb Corp.), Executive Deferred Compensation Agreement (First Ulb Corp.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 9 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Supplemental Executive Retirement Agreement (SCBT Financial Corp), Supplemental Executive Retirement Agreement (SCBT Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has there are no surviving designated Beneficiaries and no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP), Salary Continuation Agreement (Paragon Commercial CORP)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 7 contracts
Samples: Salary Continuation Agreement, Salary Continuation Agreement (Midcarolina Financial Corp), Salary Continuation Agreement (Midcarolina Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estateestate or its assignee.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the any benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 6 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits benefit payments shall be made to the personal representative of the Executive’s estate.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate; provided, however, that the personal representative of the Executive’s estate may assign the right to receive payment to the heirs under the Executive’s estate, or in the absence of a will, the Executive’s heirs in accordance with the applicable intestacy statute.
Appears in 6 contracts
Samples: Salary Continuation Plan (Charter Financial Corp/Ga), Salary Continuation Plan Agreement (Charter Financial Corp/Ga), Salary Continuation Plan (Charter Financial Corp/Ga)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s 's estate.
Appears in 5 contracts
Samples: Supplemental Life Insurance Agreement (PFS Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (ESSA Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (ESSA Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (Carolina Bank Holdings Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall benefit payments will be made to the personal representative of the Executive’s estate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Peoples Bancorporation Inc /Sc/), Salary Continuation Agreement (Peoples Bancorporation Inc /Sc/), Salary Continuation Agreement (Peoples Bancorporation Inc /Sc/)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (1st Financial Services CORP), Salary Continuation Agreement (1st Financial Services CORP), Salary Continuation Agreement (1st Financial Services CORP)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 5 contracts
Samples: Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan (Kearny Financial Corp.), Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.), Supplemental Executive Retirement Plan (Lake Shore Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the any benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp), Supplemental Executive Retirement Agreement (Cambridge Bancorp), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)
No Beneficiary Designation. If In the Executive dies without a valid absence of an effective beneficiary designation, or if all designated stated Beneficiaries predecease the Executive or die prior to complete distribution of the Executive’s Benefit, then the Executive’s spouse designated Beneficiary shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall deemed to be made to the personal representative of the Executive’s estate.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc), Salary Continuation Agreement (Santa Lucia Bancorp), Supplemental Compensation Agreement (Columbia Banking System Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 4 contracts
Samples: Split Dollar Life Insurance Agreement (Sandy Spring Bancorp Inc), Split Dollar Life Insurance Agreement (Alamogordo Financial Corp), Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the any benefits shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 4 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Supplemental Executive Retirement Plan (Provident Community Bancshares, Inc.), Supplemental Executive Retirement Plan (Provident Community Bancshares, Inc.)
No Beneficiary Designation. If the Executive dies without a valid an acknowledged beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 3 contracts
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp), Supplemental Employee Retirement Plan (Cascade Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive and the Executive has no surviving spouse, the benefits benefit distributions shall be made to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/), Salary Continuation Agreement (Enterprise Bancorp Inc /Ma/)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse spouse, if married to Executive at the date of Executive’s death, shall be the designated Beneficiary. If the Executive has no surviving spousespouse at the Executive’s date of death, the benefits shall be made to the personal representative of the Executive's estate. The personal representative of the Executive’s estate and any beneficiary to whom such benefits are paid by or from the Executive’s estate, shall each be a “Beneficiary” for purposes of this Agreement.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc), Salary Continuation Agreement (Appalachian Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s =s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s =s estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp), Salary Continuation Agreement (Crescent Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (United Heritage Bankshares of Florida Inc), Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Salary Continuation Agreement (United Heritage Bankshares of Florida Inc)
No Beneficiary Designation. If In the Executive dies without a valid absence of an effective beneficiary designation, or if all designated Designated Beneficiaries predecease Executive or die prior to complete distribution of the ExecutiveExecutive Benefit, then the Executive’s spouse designated Beneficiary shall be the designated Beneficiary. If the Executive has no surviving spousedeemed to be Executive’s lawful spouse or registered domestic partner, the benefits shall be made to the personal representative of the or if none exists, Executive’s estate.
Appears in 3 contracts
Samples: Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.), Salary Continuation Agreement (Tidelands Bancshares Inc), Salary Continuation Agreement (Tidelands Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Executive Incentive Retirement Plan (Sterling Bancorp, Inc.), Executive Incentive Retirement Plan (Sterling Bancorp, Inc.), Executive Incentive Retirement Plan (Sterling Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse or civil union partner shall be the designated Beneficiary. If the Executive has no surviving spousespouse or civil union partner, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (Union Bankshares Inc), Endorsement Split Dollar Life Insurance Agreement (Union Bankshares Inc), Endorsement Split Dollar Life Insurance Agreement (Union Bankshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall spouse benefit payments will be made to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp), Supplemental Executive Retirement Plan Agreement (Cardinal Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiarybeneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate; provided, however, that the personal representative of the Executive’s estate may assign the right to receive payment to the heirs under the Executive’s estate, or in the absence of a will, the Executive’s heirs in accordance with the applicable intestacy statute.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Charter Financial Corp), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate for the benefit of that estate.
Appears in 3 contracts
Samples: Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/), Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/), Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/)
No Beneficiary Designation. If the Executive dies without a valid -------------------------- beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Pacific Premier Bancorp Inc), Supplemental Executive Retirement Agreement (Cooperative Bankshares Inc), Salary Continuation Agreement (Pacific Premier Bancorp Inc)
No Beneficiary Designation. If In the Executive dies without a valid absence of an effective beneficiary designation, or if all designated stated Beneficiaries predecease the Executive or die prior to complete distribution of the Executive's Benefit, then the Executive’s spouse 's designated Beneficiary shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall deemed to be made to the personal representative of the Executive’s 's estate.
Appears in 3 contracts
Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Employment Agreement, Employment Agreement (Sourcefire Inc), Retirement Agreement (Sourcefire Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall spouse benefit payments will be made to the personal representative of the Executive’s estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate; provided, however, that the personal representative of the Executive’s estate may assign the right to receive payment to the heirs under the Executive’s estate, or in the absence of a will, the Executive’s heirs in accordance with the applicable intestacy statute.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga), Supplemental Executive Retirement Plan Agreement (Charter Financial Corp/Ga)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Agreement (Rhinebeck Bancorp, Inc.), Supplemental Executive Retirement Agreement (SBT Bancorp, Inc.), Salary Continuation Agreement (MFB Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Ohio Valley Banc Corp), Executive Deferred Compensation Agreement (Ohio Valley Banc Corp), Salary Continuation Agreement (Ohio Valley Banc Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall benefit payments will be made to the personal representative of the Executive’s estate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Eagle Bancorp Montana, Inc.), Salary Continuation Agreement (BNC Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the die Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement (Community Partners Bancorp), Supplemental Executive Retirement Agreement (Community Partners Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s 's estate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Community Capital Bancshares Inc), Salary Continuation Agreement (Community Capital Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall will be made paid to the personal representative of the Executive’s estate.
Appears in 2 contracts
Samples: Executive Deferred Compensation Agreement (Middlefield Banc Corp), Executive Deferred Compensation Agreement (Middlefield Banc Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s estate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (River Valley Bancorp), Supplemental Executive Retirement Plan Agreement (Northwest Bancorporation Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, HEARTLAND NATIONAL BANK Salary Continuation Agreement or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Heartland Bancshares Inc/Fl), Salary Continuation Agreement (Heartland Bancshares Inc/Fl)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made distributed to the personal representative of the Executive’s estate on behalf of the estate.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Sound Financial Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sound Financial Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 2 contracts
Samples: Salary Continuation Agreement (CBTX, Inc.), Executive Employment Agreement (CBTX, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estateestate or its assignee.
Appears in 2 contracts
Samples: Stock Appreciation Rights Agreement (Greer Bancshares Inc), Stock Appreciation Rights Agreement (Greer Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (Ohio Valley Banc Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse spouse, if married to Executive at the date of Executive’s death, shall be the designated Beneficiary. If the Executive has no surviving spousespouse at the Executive’s date of death, the benefits shall be made to the personal representative of the Executive’s estate. The personal representative of the Executive’s estate and any beneficiary to whom such benefits are paid by or from the Executive’s estate, shall each be a “Beneficiary” for purposes of this Agreement.
Appears in 1 contract
Samples: Salary Continuation Agreement (Appalachian Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Split Dollar Agreement (First Citizens Bancshares Inc /Tn/)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Deferred Compensation Plan (Cascade Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.designated
Appears in 1 contract
Samples: Salary Continuation Agreement (Community Financial Corp /Md/)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (First South Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Defined Contribution Supplemental Executive Retirement Plan (Southern Michigan Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid an acknowledged beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative Executive's estate. Bank of the Executive’s estate.Cascades Supplemental Employee Retirement Plan
Appears in 1 contract
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (Greer Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.. GREER STATE BANK Supplemental Life Insurance Agreement
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (Greer Bancshares Inc)
No Beneficiary Designation. If the Executive dies without fails to designate a valid beneficiary designationBeneficiary in the manner provided above, if the designation is void, or if all the Beneficiary designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If by the Executive has no surviving spouse, dies before the benefits shall be made to the personal representative Executive or before complete distribution of the Executive’s benefits, the Executive’s Beneficiary shall be the Executive’s surviving spouse, or if none, to Executive’s estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan (Greene County Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Venture Financial Group Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.is the
Appears in 1 contract
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the any benefits shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Cambridge Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Executive, then the Executive’s surviving spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made payable to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (ConnectOne Bancorp, Inc.)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then Executive the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (Crescent Financial Corp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (Tidelands Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (First Reliance Bancshares Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, or the marriage was dissolved prior to Executive’s death, the benefits shall be made paid to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Executive Supplemental Compensation Agreement (Temecula Valley Bancorp Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 1 contract
No Beneficiary Designation. If the Executive dies without a valid ---------------------------- beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the die Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Community Partners Bancorp)
No Beneficiary Designation. If the Executive dies without a valid an acknowledged beneficiary designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s estate.
Appears in 1 contract
Samples: Supplemental Employee Retirement Plan (Cascade Bancorp)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s spouse shall be is the designated Beneficiary. If the Executive has no surviving spouse, spouse the benefits shall benefit payments will be made to the personal representative of the Executive’s estate.
Appears in 1 contract
No Beneficiary Designation. If the Executive dies without a valid beneficiary 6 Bank of the Xxxxx Salary Continuation Agreement designation, or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of the James Financial Group Inc)
No Beneficiary Designation. If the Executive dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Executive, then the Executive’s 's spouse shall be the designated Beneficiary. If the Executive has no surviving spouse, the benefits shall be made to the personal representative of the Executive’s 's estate.
Appears in 1 contract
Samples: Salary Continuation Agreement (Southcoast Financial Corp)
