Pre-Termination Survivor Income Benefit. If the Executive dies before otherwise terminating employment with the Company, and if the Company owns a life insurance policy on the Executive's life at the time of such death, the Company shall pay to the Executive's designated beneficiary the survivor income benefit described in Article 2.
Appears in 6 contracts
Samples: Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/)
Pre-Termination Survivor Income Benefit. If the Executive dies before otherwise terminating employment with the Company, and if the Company owns a life insurance policy on the Executive's life at the time of such death, the Company shall pay to the Executive's ’s designated beneficiary the survivor income benefit described in Article 2.
Appears in 3 contracts
Samples: Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Fulton Bancshares Corp)
Pre-Termination Survivor Income Benefit. If the Executive dies before otherwise terminating employment with the Company, and if the Company owns a life insurance policy on the Executive's life at the time of such death, the Company shall pay to the Executive's designated beneficiary the survivor income benefit described in Article 2Section 2.2.
Appears in 1 contract
Samples: Yardville National Bancorp
Pre-Termination Survivor Income Benefit. If the Executive dies before otherwise terminating employment with the Company, and if the Company owns a life insurance policy on the Executive's ’s life at the time of such death, the Company shall pay to the Executive's ’s designated beneficiary the survivor income benefit described in Article 2.
Appears in 1 contract
Samples: Survivor Income Agreement (Susquehanna Bancshares Inc)
