Common use of Suicide Misstatement Clause in Contracts

Suicide Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Bank.

Appears in 5 contracts

Samples: Retirement Agreement (Southbanc Shares Inc), Agreement (Provident Community Bancshares, Inc.), Retirement Agreement (Southbanc Shares Inc)

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