Common use of Death Following Commencement of Plan Distributions Clause in Contracts

Death Following Commencement of Plan Distributions. In the event of the Employee’s death after the commencement of Plan Distributions but before receiving all such Plan Distributions, the Bank shall distribute to the Employee’s Beneficiary the remaining Plan Distributions at the same time and in the same amounts that such Plan Distributions would have been distributed to the Employee had the Employee survived.

Appears in 8 contracts

Samples: Supplemental Executive Retirement Agreement (Ameris Bancorp), Supplemental Executive Retirement Agreement (Ameris Bancorp), Supplemental Executive Retirement Agreement (Ameris Bancorp)

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