Common use of Payments in the Event of Death After Retirement Clause in Contracts

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty One Hundred Eighty (180) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's ’s designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's ’s Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's ’s estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180) monthly payments described in paragraph Section 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's ’s designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's ’s Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's ’s estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive RetiresRetires and begins to receive payments pursuant to Paragraph 3.1 hereof, but shall die before receiving all of the one hundred eighty One Hundred Eighty (180) monthly payments described in paragraph 3.1 aboveto which he is entitled, the Employer will continue to make the remaining such monthly payments, undiminished and on the same schedule as if the Executive had not died, payments to the Executive's designated beneficiarybeneficiary for the remaining period. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive RetiresRetires and begins to receive payments pursuant to Paragraph 3.1 hereof, but shall die before receiving all of the one hundred eighty One Hundred Eighty (180) monthly payments described in paragraph 3.1 aboveto which she is entitled, the Employer will continue to make the remaining such monthly payments, undiminished and on the same schedule as if the Executive had not died, payments to the Executive's designated beneficiarybeneficiary for the remaining period. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees and Executive agree that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's ’s designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's ’s Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's ’s estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180ISO) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive RetiresRetires and begins to receive payments pursuant to Paragraph 3.1 hereof, but shall die before receiving all of the one hundred eighty One Hundred Twenty (180120) monthly payments described in paragraph 3.1 aboveto which she is entitled, the Employer will continue to make the remaining such monthly payments, undiminished and on the same schedule as if the Executive had not died, payments to the Executive's designated beneficiarybeneficiary for the remaining period. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive RetiresRetires and begins to receive payments pursuant to Paragraph 3.1 hereof, but shall die before receiving all of the one hundred eighty One Hundred Eighty (180) monthly payments described in paragraph 3.1 aboveto which he is entitled, the Employer will continue to make the remaining such monthly payments, undiminished and on the same schedule as if the Executive had not died, payments to the Executive's designated beneficiarybeneficiary for the remaining period. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty (180) equal monthly payments installments described in paragraph 3.1 section 3.01 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's ’s designated beneficiaryBeneficiary. If a valid Beneficiary Designation designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's ’s Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's ’s estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty Two Hundred Forty (180240) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate. Section 4.1 of the Agreement shall be amended in the entirety to read as follows:

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive RetiresRetires and begins to receive payments pursuant to Paragraph 3.1 hereof, but shall die before receiving all of the one hundred eighty One Hundred Eighty (180) monthly payments described in paragraph 3.1 aboveto which he is entitled, the Employer will continue to make the remaining such monthly payments, undiminished and on the same schedule as if the Executive had not died, payments to the Executive's designated beneficiarybeneficiary for the remaining period. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term ten-n of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.

Payments in the Event of Death After Retirement. The Employer agrees that if the Executive Retires, but shall die before receiving all of the one hundred eighty One Hundred Fifty-Six (180156) monthly payments described in paragraph 3.1 above, the Employer will make the remaining monthly payments, undiminished and on the same schedule as if the Executive had not died, to the Executive's designated beneficiary. If a valid Beneficiary Designation is not in effect, then the remaining amounts due to the Executive under the term of this Agreement shall be paid to the Executive's Surviving Spouse. If the Executive leaves no Surviving Spouse, the remaining amounts due to the Executive under the terms of this Agreement shall be paid to the duly qualified personal representative, executor or administrator of the Executive's estate.