Common use of Additional Death Benefit - Burial Expense Clause in Contracts

Additional Death Benefit - Burial Expense. In addition to the above-described death benefits, upon the Director's death, the Director's Beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand ($10,000.00) Dollars; provided, however, that if the Director ceases to be a member of the Board before July 1, 1998 for reasons other than his death or disability, the one-time lump sum election death benefit otherwise provided in this Subsection shall not be payable.

Additional Death Benefit - Burial Expense. In addition to the above-described death benefits, upon the Director's death, the Director's Beneficiary shall be entitled to receive a one-time lump sum death benefit in the amount of Ten Thousand Dollars ($10,000.00). This benefit shall be provided specifically for the purpose of providing payment for burial and/or funeral expenses of the Director. Such benefit shall be payable within thirty (30) Dollars; provided, however, that days of the Director's death. The Director's Beneficiary shall not be entitled to such benefit if the Director ceases is removed for Cause prior to be a member of the Board before July 1, 1998 for reasons other than his death or disability, the one-time lump sum election death benefit otherwise provided in this Subsection shall not be payabledeath.