Common use of Pre-Termination of Employment Survivor Income Benefit Clause in Contracts

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies prior to Termination of Employment, the Bank shall pay to the Executive’s designated beneficiary in a single lump sum the survivor income benefit described in Paragraph 2.3.

Appears in 4 contracts

Samples: Executive Survivor Income Agreement (Wilson Bank Holding Co), Executive Survivor Income Agreement (Wilson Bank Holding Co), Executive Survivor Income Agreement (Wilson Bank Holding Co)

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Pre-Termination of Employment Survivor Income Benefit. If the Executive dies prior in active service to Termination of Employmentthe Bank, the Bank shall pay to the Executive’s designated beneficiary in a single lump sum the survivor income benefit described in Paragraph 2.3Section 2.5.1.

Appears in 3 contracts

Samples: Executive Survivor Income Agreement (Premierwest Bancorp), Executive Survivor Income Agreement (Premierwest Bancorp), Executive Survivor Income Agreement (Premierwest Bancorp)

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies prior in active service to Termination of Employmentthe Bank, the Bank shall pay to the Executive’s 's designated beneficiary in a single lump sum the survivor income benefit described in Paragraph 2.3Section 2.6.

Appears in 1 contract

Samples: Executive Survivor Income Agreement (Fauquier Bankshares Inc)

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Pre-Termination of Employment Survivor Income Benefit. If the Executive dies prior in active service to Termination of Employmentthe Bank, the Bank shall pay to the Executive’s 's designated beneficiary in a single lump sum the survivor income benefit described in Paragraph 2.3Section 2.5.1.

Appears in 1 contract

Samples: Executive Survivor Income Agreement (Premierwest Bancorp)

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