Common use of Suicide or Misstatement Clause in Contracts

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no benefits shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no No benefits shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank Company denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no benefits No benefit shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this AgreementDate, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no No benefits shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no benefits No benefit shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this AgreementDate, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director 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. BANK’34

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no No benefits shall be distributed if the Director commits suicide within two three (23) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no benefits No benefit shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank Company denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no No benefits shall be distributed if the Director commits suicide within two (2) years after the Effective Date effective date of this the Prior Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement anything to the contrarycontrary in this Article 2, no benefits benefit shall be distributed hereunder if the Director commits suicide within two (2) years after following the Effective Date of this Agreement, date hereof or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, no benefits No benefit shall be distributed if the Director commits suicide within two (2) years after the Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Director on an application for such life insurance, or (ii) for any other reason.. Neighborhood Community Bank Director Deferred Compensation Agreement