Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 20 contracts
Samples: Salary Continuation Agreement (Heritage Oaks Bancorp), Salary Continuation Agreement (Beverly National Corp), Salary Continuation Agreement (Heritage Oaks Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 20 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)
Suicide or Misstatement. The Notwithstanding any provision of this Agreement to the contrary, the Company and the Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this AgreementEffective Date. In addition, the Company and the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Company or the Bank to on the Executive’s life.
Appears in 15 contracts
Samples: Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.), Employment Agreement (1st United Bancorp, Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive’s life.
Appears in 14 contracts
Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Salary Continuation Agreement (Peoples Federal Bancshares, Inc.), Supplemental Executive Retirement Agreement (BCSB Bancorp Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any application for any benefits provided by the Bank to the ExecutiveBank.
Appears in 12 contracts
Samples: Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp), Salary Continuation Agreement (Fidelity Southern Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance purchased by the Bank to the ExecutiveBank.
Appears in 12 contracts
Samples: Salary Continuation Agreement (American River Holdings), Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 9 contracts
Samples: Executive Supplemental Income Agreement (Origin Bancorp, Inc.), Supplemental Executive Retirement Agreement, Supplemental Executive Retirement Agreement (Origin Bancorp, Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date Effective Date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance purchased by the Bank to the ExecutiveBank.
Appears in 8 contracts
Samples: Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc), Salary Continuation Agreement (Cortland Bancorp Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In additionAdditionally, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 7 contracts
Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any application for any benefits provided by the Bank to the Executive.Bank. 5.3
Appears in 5 contracts
Samples: Salary Continuation Agreement (Tidelands Bancshares Inc), Salary Continuation Agreement (Tidelands Bancshares Inc), Salary Continuation Agreement (Tidelands Bancshares Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement Effective Date or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any application for any benefits provided by the Bank to the ExecutiveBank.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (Carolina Bank Holdings Inc), Salary Continuation Agreement (Carolina Bank Holdings Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.. PLUMAS BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement, Supplemental Executive Retirement Agreement (Plumas Bancorp), Supplemental Executive Retirement Agreement (Plumas Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement and the Beneficiary shall be entitled to no benefits if the Executive commits suicide within three two (2) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any application for any benefits provided by the Bank to the ExecutiveBank.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Grandsouth Bancorporation), Salary Continuation Agreement (Southern First Bancshares Inc), Salary Continuation Agreement (Southern First Bancshares Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date Effective Date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 4 contracts
Samples: Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.), Supplemental Executive Retirement Agreement (LaPorte Bancorp, Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to fact, as determined solely by the Bankapplicable insurance carrier, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life.
Appears in 4 contracts
Samples: Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp), Salary Continuation Agreement (Service 1st Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank Executive to the ExecutiveBank.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings), Salary Continuation Agreement (Bank of Commerce Holdings)
Suicide or Misstatement. The Bank shall not pay pay, and the Executive shall not be entitled to, any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay pay, and the Executive shall not be entitled to, any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 3 contracts
Samples: Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.), Supplemental Employee Retirement Agreement (Territorial Bancorp Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided or insurance that the Executive completes upon request by the Bank to the ExecutiveBank.
Appears in 3 contracts
Samples: Executive Salary Continuation Agreement (Columbia Bancorp \Or\), Executive Salary Continuation Agreement (Columbia Bancorp \Or\), Executive Salary Continuation Agreement (Columbia Bancorp \Or\)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years one year after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 3 contracts
Samples: Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares), Salary Continuation Agreement (American River Bankshares)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date Effective Date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 3 contracts
Samples: Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp), Salary Continuation Agreement (Unizan Financial Corp)
Suicide or Misstatement. The Notwithstanding any provision of this Agreement to the contrary, the Bank shall not pay any benefit under this Agreement if the Executive Employee commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive Employee has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the ExecutiveEmployee.
Appears in 3 contracts
Samples: Executive Survivor Income Agreement (Quaint Oak Bancorp Inc), Executive Survivor Income Agreement (Quaint Oak Bancorp Inc), Employee Survivor Income Agreement (Quaint Oak Bancorp Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this the Agreement if the Executive commits suicide within three two (2) years after the date of this AgreementAgreement Amendment. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive’s life that results in the Bank being unable to collect the total death proceeds from such policies. All other Articles of the Agreement remain in full force and effect.
Appears in 2 contracts
Samples: Survivor Income Benefit Agreement (PSB Holdings Inc /Wi/), Survivor Income Benefit Agreement (PSB Holdings Inc /Wi/)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive’s life that results in the Bank being unable to collect the total death proceeds from such policies.
Appears in 2 contracts
Samples: Survivor Income Benefit Agreement (PSB Holdings Inc /Wi/), Survivor Income Benefit Agreement (PSB Holdings Inc /Wi/)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive Employee commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive Employee has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the ExecutiveEmployee.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Willow Grove Bancorp Inc/New)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after two of the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life.
Appears in 1 contract
Samples: Executive Deferred Incentive Agreement (Home Federal Bancorp Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement Agreement, and all such benefits will be forfeited, if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if (a) an insurance company which issued a life insurance policy covering the Executive and owned by the Bank denies coverage for misstatements of fact made by the Executive on an application for such life insurance or for any other reason or (b) the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or Southcoast Financial Corporation or on any application for any benefits provided by the Bank to the ExecutiveBank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Southcoast Financial Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any life insurance application for any benefits provided by the Bank which death benefits would be payable to the ExecutiveBank.”
Appears in 1 contract
Samples: Salary Continuation Agreement (Southern Community Financial Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement Effective Date or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or Southcoast Financial Corporation or on any application for any benefits provided by the Bank to the ExecutiveBank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Southcoast Financial Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Executive Salary Continuation Agreement (Columbia Bancorp \Or\)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreementbefore August 1, 2008. In additionAdditionally, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement (and all such benefits will be forfeited) if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement (and all such benefits will be forfeited) if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (Plumas Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Salary Continuation Agreement (Home Bancorp Wisconsin, Inc.)
Suicide or Misstatement. The Bank shall not pay distribute any benefit under this Agreement if the Executive commits suicide within three two years after the date of this AgreementEffective Date. In addition, the Bank shall not pay distribute any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to fact, as determined solely by the Bankapplicable insurance carrier, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life.
Appears in 1 contract
Samples: Salary Continuation Agreement (Service 1st Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date Effective Date of this the Prior Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive’s life.
Appears in 1 contract
Samples: Salary Continuation Agreement (Peoples Federal Bancshares, Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreementbefore January 1, 2010. In additionAdditionally, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (Premierwest Bancorp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.,
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Premierwest Bancorp)
Suicide or Misstatement. The Notwithstanding any provision of this Agreement to the contrary, the Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment any application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Executive Survivor Income Agreement (Western Sierra Bancorp)
Suicide or Misstatement. The Notwithstanding any provision of this Agreement to the contrary, the Company and the Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this AgreementEffective Date. In addition, the Company and the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Company or the Bank to on the Executive.’s life. 1st United Bancorp/1st United Bank Supplemental Executive Retirement Plan Agreement
Appears in 1 contract
Samples: Supplemental Executive Retirement Plan Agreement (1st United Bancorp, Inc.)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this AgreementApril 17, 2001. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank Executive to the Executive.Bank. Final Salary Continuation Agreement
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this AgreementApril 17, 2001. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank Executive to the ExecutiveBank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this AgreementSeptember 30, 2007. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank Executive to the ExecutiveBank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Bank of Commerce Holdings)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement and the Beneficiary shall be entitled to no benefits if the Executive commits suicide within three two years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement or if the Executive has made makes any material misstatement of fact on an employment any application or resume provided to the Bank, Bank or on any life insurance application for any benefits provided by the Bank which death benefits would be payable to the ExecutiveBank.
Appears in 1 contract
Samples: Salary Continuation Agreement (Southern Community Financial Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life that results in the Bank being unable to collect the total death proceeds from such policies.
Appears in 1 contract
Samples: Survivor Income Benefit Agreement (PSB Holdings Inc /Wi/)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three (3) years after the date of this Agreement. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided by the Bank to the Executive.
Appears in 1 contract
Samples: Supplemental Executive Retirement Agreement (River Financial Corp)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two years after the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life.
Appears in 1 contract
Samples: Salary Continuation Agreement (Home Federal Bancorp Inc)
Suicide or Misstatement. The Bank shall not pay any benefit under this Agreement if the Executive commits suicide within three two (2) years after the date of this AgreementEffective Date. In addition, the Bank shall not pay any benefit under this Agreement if the Executive has made any material misstatement of fact on an employment application or resume provided to the Bank, or on any application for any benefits provided life insurance owned by the Bank to on the Executive's life that results in the Bank being unable to collect the total death proceeds from such policies.
Appears in 1 contract
Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)