No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s estate.
Appears in 28 contracts
Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Plumas Bancorp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s 's estate.
Appears in 19 contracts
Samples: Community Bank Director Retirement Agreement (Community Financial Corp /Va/), Company Director Retirement Agreement (Ohio Valley Banc Corp), Compensation and Income Continuation Agreement (Citizens South Banking Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 14 contracts
Samples: Director Deferred Fee Agreement, Director Deferred Fee Agreement (Central Valley Community Bancorp), Director Revenue Neutral Retirement Agreement (First Community Financial Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, spouse the benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 9 contracts
Samples: Director Retirement Agreement, Director Retirement Agreement (Carolina Bank Holdings Inc), Director Retirement Agreement (Carolina Bank Holdings Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Director, then the Director’s surviving spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made payable to the personal representative of the Director’s estate.
Appears in 8 contracts
Samples: Split Dollar Life Insurance Agreement (Alamogordo Financial Corp), Split Dollar Life Insurance Agreement (Investors Bancorp Inc), Split Dollar Life Insurance Agreement (Investors Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s estate.
Appears in 7 contracts
Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s estate.
Appears in 7 contracts
Samples: Director Retirement Agreement (Berkshire Hills Bancorp Inc), Director Retirement Agreement (Berkshire Hills Bancorp Inc), Director Retirement Agreement (Berkshire Hills Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s 's estate.
Appears in 7 contracts
Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s estate.
Appears in 7 contracts
Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s 's estate.
Appears in 5 contracts
Samples: Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s 's estate.
Appears in 5 contracts
Samples: Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s estate.
Appears in 5 contracts
Samples: Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s estate.
Appears in 5 contracts
Samples: Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s estateestate or its assignee.
Appears in 5 contracts
Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 4 contracts
Samples: Retirement Agreement (Middlefield Banc Corp), Middlefield Banking Company (Middlefield Banc Corp), Retirement Agreement (Middlefield Banc Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 4 contracts
Samples: Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s 's estate.
Appears in 3 contracts
Samples: Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s 's estate.
Appears in 3 contracts
Samples: Director Deferred Fee Agreement (Mid Penn Bancorp Inc), Director Deferred Compensation Agreement (Sussex Bancorp), Director Deferred Compensation Agreement (Sussex Bancorp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Director, then the Director’s surviving spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 2 contracts
Samples: Split Dollar Agreement (First Community Financial Corp), Split Dollar Agreement (First Community Financial Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made THE NATIONAL UNION BANK OF KINDERHOOK Phantom Stock Appreciation Rights Agreement paid to the personal representative of the Director’s estateestate or its assignee.
Appears in 2 contracts
Samples: Stock Appreciation Rights Agreement (Kinderhook Bank Corp), Stock Appreciation Rights Agreement (Kinderhook Bank Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the any benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 1 contract
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, designation or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits benefit payments shall be made to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s 's estate.
Appears in 1 contract
Samples: First South Bank Director Retirement Agreement (First South Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made to the personal representative of the Director’s 's estate.
Appears in 1 contract
Samples: Ohio Valley Banc Corp
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s estate.. The Xxxxx Bank Director Deferred Compensation Agreement
Appears in 1 contract
Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.)
No Beneficiary Designation. If the Director dies without a valid beneficiary designationdesignation of Beneficiary, or if all designated Beneficiaries predecease the Director, then the Director’s surviving spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made payable to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Endorsement Split Dollar Life Insurance Agreement (Heritage NOLA Bancorp, Inc.)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the any benefits shall be made paid to the personal representative of the Director’s 's estate.
Appears in 1 contract
Samples: Home Federal Bancorp, Inc.
No Beneficiary Designation. If the Director dies without a valid beneficiary designationdesignation of beneficiary, or if all designated Beneficiaries predecease the Director, then the Director’s surviving spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made payable to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Temecula Valley Bancorp Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse spouse, if married to Director at the date of Director’s death, shall be the designated Beneficiary. If the Director has no surviving spousespouse at the Director’s date of death, the benefits shall be made to the personal representative of the Director's estate. The personal representative of the Director’s estate and any beneficiary to whom such benefits are paid by or from the Director’s estate, shall each be a “Beneficiary” for purposes of this Agreement.
Appears in 1 contract
Samples: Continuation Agreement (Appalachian Bancshares Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the any benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Neighborhood Community Bank (Newnan Coweta Bancshares Inc)
No Beneficiary Designation. If the Director dies without a valid beneficiary designationdesignation on file with the Plan Administrator, or if all designated Beneficiaries predecease the Director, then the Director’s spouse surviving spouse, if any, shall be the designated Beneficiary. If the Director has no surviving spouse, the death benefits shall be made paid to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.)
No Beneficiary Designation. If the Director dies without a valid beneficiary Beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits any benefit shall be made paid to the personal representative of the Director’s 's estate.
Appears in 1 contract
Samples: Deferred Compensation Agreement (LINKBANCORP, Inc.)
No Beneficiary Designation. If the Director dies without fails to designate a valid beneficiary designationBeneficiary as provided in Sections 5.1 and 5.2, or if all designated Beneficiaries cannot be located or predecease the Director or die prior to complete distribution of the Director’s Account, then the Director’s surviving spouse shall will be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall Account will be made paid to the personal representative of the Director’s estate.
Appears in 1 contract
Samples: Deferred Compensation Plan for Outside Directors (Provident Bankshares Corp)
No Beneficiary Designation. If the Director dies without a valid beneficiary designation, or if all designated Beneficiaries predecease the Director, then the Director’s 's spouse shall be the designated Beneficiary. If the Director has no surviving spouse, the benefits shall be made paid to the personal representative of the Director’s 's estate.
Appears in 1 contract
Samples: Director Retirement Agreement (Independent Bank Corp)
