Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.
Death During Benefit Period. If the Director dies after benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Director's beneficiary at the same time and in the same amounts they would have been paid to the Director had the Director survived.
Death During Benefit Period. If the Executive dies after benefit payments under Paragraph 4 of this Agreement commences but before receiving all such payments, or if the Executive is entitled to benefit payments under Paragraph 4 but dies before payments commence, the remaining Accrual Balance shall be payable to the Executive’s Beneficiary in accordance with the applicable payment provisions of Paragraph 4, until fully disbursed. Payments shall be made in the same amounts they would have been made to the Executive had the Executive survived.
Death During Benefit Period. If the Executive dies after benefit payments under Article 2 commence but before receiving all such payments, the Bank shall pay the remaining benefits to the Executive’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. In that case no death benefit shall be payable under the Split Dollar Agreement and Endorsement, as amended. If the Executive is entitled to benefit payments under Article 2 but dies before payments commence, the benefits shall be payable to the Executive’s Beneficiary but payments shall commence on the last day of the month after the date of the Executive’s death, and no death benefit shall be payable under the Split Dollar Agreement and Endorsement, as amended. However, the Executive’s Beneficiary shall be entitled to no benefit under the Split Dollar Agreement and Endorsement, as amended, if the Change-in-Control benefit under section 2.4 shall have been paid.
Death During Benefit Period. If the Executive dies after any benefit payments provided pursuant to Article 2 have commenced under this Agreement but before receiving all such payments, the Bank shall pay to the Executive's beneficiary, in lieu of any other benefits under this Agreement, the benefit set forth in Section 2.1 as if the Termination of Employment occurred on the date he would have attained the Normal Retirement Age. The annual benefit under this Section 3.2 shall be the amount specified in Section 2.1.1 and shall be payable as provided in Section 2.1.2, commencing on the first day of the month following the date of the Executive's death and continuing for the remaining number of payment periods after taking into account the number of benefit payments the Executive received prior to his death.
Death During Benefit Period. If the Executive dies subsequent to the date that he retires and while receiving payments under Section 2.1 of this Agreement, the Company's obligation to make the final monthly payment under Section 2.1.2 on the last day of the month of the Executive's death shall constitute the Company's final obligation to pay the Executive or the Executive's estate under the terms of this Agreement.
Death During Benefit Period. If the Executive dies after benefit payments under Article 2 have commenced, and if benefit payments have been paid to Executive for less than 15 years, the Bank shall pay to the Executive’s beneficiary(ies) at the same time and in the same amounts the benefits that would have been paid to Executive, had the Executive survived, but the total period of payments to Executive and Executive’s beneficiary(ies) shall not exceed 15 years.
Death During Benefit Period. If the Executive dies after any benefit payments provided pursuant to Article 2 have commenced under this Agreement but before he has received all such payments, the Employer shall pay to the Beneficiary, in lieu of any other benefits under this Agreement, the remaining benefit set forth in Article 2. The annual benefit under this Section 3.2 shall be the remaining amount specified in Article 2 and shall be payable as provided in Section 2.1.2, commencing on the first day of the month next following the date of the Executive’s death and continuing for the remaining number of payment periods after taking into account the benefit payments the Executive received prior to his death.
Death During Benefit Period. If the Officer dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Bank shall pay the remaining benefits to the Officer's beneficiary at the same time and in the same amounts they would have been paid to the Officer had the Officer survived.
Death During Benefit Period. If the Executive dies on or after the Benefit Commencement Date, the Bank shall continue to make the remaining monthly payments due to the Executive to the beneficiary designated by the Executive on Exhibit A.
