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

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: Survivor Income Agreement (Community Banks Inc /Pa/), Survivor Income Agreement (Community Banks Inc /Pa/), Survivor Income Agreement (Community Banks Inc /Pa/)

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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: Survivor Income Plan (Yardville National Bancorp)

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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)

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