Common use of POST COMMENCEMENT DEATH BENEFIT Clause in Contracts

POST COMMENCEMENT DEATH BENEFIT. If a Participant dies after the commencement of his or her Separation from Service payment then the Company shall pay the Participant’s vested Account Balance as a Post-Commencement Death Benefit to such Participant’s Beneficiary subject to the terms and conditions of this Plan and the Adoption Agreement.

Appears in 4 contracts

Samples: Adoption Agreement (AVITA Medical, Inc.), Deferred Compensation Plan (Beacon Roofing Supply Inc), Deferred Compensation Plan (Mission Produce, Inc.)

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POST COMMENCEMENT DEATH BENEFIT. If a Participant dies after the commencement of his or her Separation from Service payment then payment, the Company shall pay the Participant’s vested Account Balance as a Post-Commencement Death Benefit to such Participant’s Beneficiary Beneficiary, such payments to be made in accordance with Section 6.7, subject to the terms and conditions of this Plan and as specified in the Adoption Agreement.

Appears in 1 contract

Samples: Adoption Agreement (Innovative Industrial Properties Inc)

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