Non-Vested Insurance Benefit. Unless a Participant has a Vested Insurance Benefit pursuant to Section 5.1, the Company may amend or terminate the Plan at any time, or may amend or terminate a Participant's rights under the Plan at any time prior to a Participant's death by written notice to the Participant.
Appears in 3 contracts
Samples: Group Term Replacement Agreement (Tower Bancorp Inc), Group Term Replacement Agreement (Tower Bancorp Inc), Split Dollar Life Insurance Plan (Mid Penn Bancorp Inc)
Non-Vested Insurance Benefit. Unless a Participant has a Vested Insurance Benefit pursuant to Section 5.1, the Company Bank may amend or terminate the Plan at any time, or may amend or terminate a Participant's rights under the Plan at any time prior to a Participant's death by written notice to the Participant.
Appears in 2 contracts
Samples: Group Term Carve Out Plan (Wayne Savings Bancshares Inc /De/), Group Term Carve Out Plan (Se Financial Corp)
Non-Vested Insurance Benefit. Unless a Participant has a Vested Insurance Benefit pursuant to Section 5.1, the Company Bank may amend or terminate the Plan at any time, or may amend or terminate a Participant's ’s rights under the Plan at any time prior to a Participant's ’s death by written notice to the Participant.
Appears in 1 contract
Samples: Group Term Carve Out Plan (First Farmers & Merchants Corp)
Non-Vested Insurance Benefit. Unless a Participant has a Vested Insurance Benefit pursuant to Section 5.1, the Company Bank may amend or terminate the Plan at any time, time or may amend or terminate a Participant's ’s rights under the Plan at any time prior to a Participant's ’s death by written notice to the Participant.
Appears in 1 contract
Samples: Group Term Carve Out Plan (First Farmers & Merchants Corp)
