Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other reason.
Appears in 61 contracts
Samples: Salary Continuation Agreement (Orrstown Financial Services Inc), Supplemental Executive Retirement Plan (MUNCY COLUMBIA FINANCIAL Corp), Supplemental Executive Retirement Agreement (Farmers & Merchants Bancshares, Inc.)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 48 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Lake Shore Bancorp, Inc.), Salary Continuation Agreement (Home Bancorp, Inc.), Salary Continuation Agreement (Bank of the James Financial Group Inc)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 34 contracts
Samples: Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (Luther Burbank Corp), Salary Continuation Agreement (Luther Burbank Corp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 8 contracts
Samples: Salary Continuation Agreement (United Heritage Bankshares of Florida Inc), Salary Continuation Agreement (United Heritage Bankshares of Florida Inc), Supplemental Executive Retirement Plan Agreement (Habersham Bancorp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) three years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/), Salary Continuation Agreement (Community Financial Corp /Md/)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank ultimately denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 7 contracts
Samples: Salary Continuation Agreement (Bank of Marin Bancorp), Salary Continuation Agreement (Bank of Marin Bancorp), Salary Continuation Agreement (Bank of Marin Bancorp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.
Appears in 7 contracts
Samples: Supplemental Executive Retirement Agreement (Two River Bancorp), Supplemental Executive Retirement Agreement (Home Federal Bancorp), Supplemental Executive Retirement Agreement (Home Federal Bancorp)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 6 contracts
Samples: Executive Supplemental Compensation Agreement (Five Star Bancorp), Salary Continuation Agreement (Home Federal Bancorp, Inc.), Salary Continuation Agreement (Home Federal Bancorp, Inc.)
Suicide or Misstatement. No benefit benefit, in excess of the Executive Deferrals and any interest thereon (i.e. the Executive shall forfeit all Grants and any interest thereon), shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 6 contracts
Samples: Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc), Deferred Compensation Agreement (Tower Bancorp Inc)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 6 contracts
Samples: Salary Continuation Agreement, Supplemental Executive Retirement Agreement (Fentura Financial Inc), Supplemental Executive Retirement Agreement (Fentura Financial Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 6 contracts
Samples: Salary Continuation Agreement (Floridian Financial Group Inc), Salary Continuation Agreement (Floridian Financial Group Inc), Executive Deferred Compensation Agreement (Centerstate Banks of Florida Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 5 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp), Supplemental Executive Retirement Plan Agreement (Athens Bancshares Corp)
Suicide or Misstatement. No benefit shall be earned or distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.. Avenue Bank Supplemental Executive Retirement Plan Agreement
Appears in 4 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Pinnacle Financial Partners Inc), Supplemental Executive Retirement Plan Agreement (Avenue Financial Holdings, Inc.), Supplemental Executive Retirement Plan Agreement (Avenue Financial Holdings, Inc.)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.), Salary Continuation Agreement (River Valley Bancorp)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other reason.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Community West Bancshares /), Salary Continuation Agreement (Community West Bancshares /), Salary Continuation Agreement (Community West Bancshares /)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Plan, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage coverage: (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.), Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.), Supplemental Executive Retirement Plan (Blue Ridge Bankshares, Inc.)
Suicide or Misstatement. No Notwithstanding any provision in this Agreement to the contrary, no benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other valid and justifiable reason.
Appears in 3 contracts
Samples: Supplemental Executive Retirement Plan (PB Bankshares, Inc.), Supplemental Executive Retirement Plan (PB Bankshares, Inc.), Supplemental Executive Retirement Plan (PB Bankshares, Inc.)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Nexity Financial Corp), Salary Continuation Agreement (Nexity Financial Corp)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the ----------------------- Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Samples: Salary Continuation Agreement (Pacific Premier Bancorp Inc), Salary Continuation Agreement (Pacific Premier Bancorp Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, insurance or (ii) for any other reason.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Agreement, Supplemental Executive Retirement Agreement (Origin Bancorp, Inc.)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Corporation denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Samples: Supplemental Executive Retirement Plan Agreement (Habersham Bancorp), Supplemental Executive Retirement Plan Agreement (Habersham Bancorp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage coverage: (i) for material misstatements of fact made by the Executive on an application for such life insurance, ; or (ii) for any other reason.
Appears in 2 contracts
Samples: Salary Continuation Agreement (First Community Corp /Sc/), Salary Continuation Agreement (Regional Bankshares Inc)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Corporation denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Samples: Salary Continuation Agreement (National Bankshares Inc), Salary Continuation Agreement (National Bankshares Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.. Fairport Savings Bank Supplemental Executive Retirement Agreement
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (FSB Community Bankshares Inc)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (United Security Bancshares)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements misstatenients of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Salary Continuation Agreement (Floridian Financial Group Inc)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements misstatement of fact made by the Executive on an application for life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Home Federal Bancorp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) three years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Salary Continuation Agreement (Central Valley Community Bancorp)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.. Advantage Bank Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Camco Financial Corp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive ----------------------- commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Community Partners Bancorp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Company denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (MUNCY COLUMBIA FINANCIAL Corp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two three (23) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Salary Continuation Agreement (Beach First National Bancshares Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Dateeffective date of the Prior Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Salary Continuation Agreement (Mutualfirst Financial Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for life insurance, or (ii) for any other reasondue to the Executive’s suicide within two (2) years after the Effective Date.
Appears in 1 contract
Samples: Deferred Compensation Agreement (Lakeland Bancorp Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.. Penn Security Bank and Trust Company Supplemental Executive Retirement Plan Agreement
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Penseco Financial Services Corp)
Suicide or Misstatement. No benefit benefits shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective DateDate of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank or the Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Fentura Financial Inc)
Suicide or Misstatement. No benefit shall be distributed hereunder if the Executive commits suicide within two (2) years after the Effective Date, or if an insurance company which issued a life insurance policy covering the Executive and owned by the Employer Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.. Harvard Savings Bank Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Harvard Illinois Bancorp, Inc.)