Common use of Trust as a Secondary (Contingent) Designation Clause in Contracts

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Executive Supplemental Retirement Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Director Deferral Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Director Supplemental Retirement Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): __________________________________________________________________ Execution Date of the Trust: _______/_______/_______ Name of the Trustee: ________________________________________________________________ Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): _________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Plan Director Fee Continuation Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.. Director Date

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): __________________________________________________________________ Execution Date of the Trust: _______/_______/_______ Name of the Trustee: ________________________________________________________________ Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ___________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Director Fee Continuation Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.. Executive Date

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Director Supplemental Retirement Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): ______________________________________________________________________________________________________ ______________________________________________________________________________________________________ All sums payable under the Life Insurance Endorsement Method Split Dollar Executive Supplemental Retirement Plan Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing.. Date