Death Benefits. Upon the Executive’s death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows the Executive to name a beneficiary other than the Company, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the Bank.
Appears in 6 contracts
Sources: Change in Control Agreement (Lakeland Bancorp Inc), Change in Control Agreement (Lakeland Bancorp Inc), Change in Control Agreement (Lakeland Bancorp Inc)
Death Benefits. Upon If the Executive’s death Executive passes away during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy or supplemental executive retirement plan paid for by for, or maintained by, the Company which provides, permits and allows Employer on the Executive to name a beneficiary other than life of the Company, but his Executive. The Executive’s estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 5 contracts
Sources: Management Change in Control Severance Agreement (Parke Bancorp, Inc.), Management Change in Control Severance Agreement (Parke Bancorp, Inc.), Management Change in Control Severance Agreement (Parke Bancorp, Inc.)
Death Benefits. Upon the Executive’s death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows naming the estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 3 contracts
Sources: Change in Control Agreement (Lakeland Bancorp Inc), Change in Control, Severance and Employment Agreement (Lakeland Bancorp Inc), Change in Control, Severance and Employment Agreement (Lakeland Bancorp Inc)
Death Benefits. Upon the Executive’s death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by Company and naming the Company which provides, permits and allows Estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate Estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 3 contracts
Sources: Change in Control Agreement (ConnectOne Bancorp, Inc.), Change in Control Agreement (North Jersey Community Bancorp, Inc.), Change in Control Agreement (North Jersey Community Bancorp, Inc.)
Death Benefits. Upon the Executive’s 's death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by Company and naming the Company which provides, permits and allows Estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate Estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 3 contracts
Sources: Change in Control Agreement (First Washington Financial Corp), Change of Control Agreement (First Washington Financial Corp), Change in Control Agreement (First Wasington Financial Corp)
Death Benefits. Upon the Executive’s 's death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows the Executive to name a beneficiary other than the Company, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the Bank.
Appears in 2 contracts
Sources: Change in Control Agreement (Lakeland Bancorp Inc), Change in Control Agreement (Lakeland Bancorp Inc)
Death Benefits. Upon the Executive’s 's death during the Contract --------------- Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows the Executive to name a beneficiary other than the CompanyBank, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Sources: Change in Control Agreement (Community Partners Bancorp)
Death Benefits. Upon the Executive’s 's death during the -------------- Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows naming the estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Death Benefits. Upon the Executive’s 's death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy or supplemental executive retirement plan paid for by for, or maintained by, the Company which provides, permits and allows the Executive to name a beneficiary other than the CompanyEmployer, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Sources: Management Change in Control Severance Agreement (Parke Bancorp, Inc.)
Death Benefits. Upon the Executive’s 's death during the --------------- Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows naming the estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Death Benefits. Upon the Executive’s 's death during the ---------------- Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows naming the estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Death Benefits. Upon the Executive’s 's death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy or supplemental executive retirement plan paid for by for, or maintained by, the Company which provides, permits and allows the Executive to name a beneficiary other than the CompanyEmployer, but his or her estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Sources: Management Change in Control Severance Agreement (Parke Bancorp, Inc.)
Death Benefits. Upon the Executive’s 's death during the Contract -------------- Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows naming the estate of the Executive as the beneficiary or having allowed the Executive to name a beneficiary other than the Companybeneficiary, but his estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the BankAgreement.
Appears in 1 contract
Death Benefits. Upon the Executive’s 's death during the Contract Period, the Executive shall be entitled to the benefits of any life insurance policy paid for by the Company which provides, permits and allows the Executive to name a beneficiary other than the Company, but his her estate shall not be entitled to any further benefits under this Agreement or any other life insurance policy, except for such policies or benefits customarily provided to employees of the Bank.
Appears in 1 contract