Common use of Death of a Participant Clause in Contracts

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:

Appears in 70 contracts

Samples: Plan Adoption Agreement (Webster Financial Corp), Adoption Agreement (Mdu Resources Group Inc), Nonqualified Excess Plan (Sound Financial Bancorp, Inc.)

AutoNDA by SimpleDocs

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account Accrued Benefit of the Participant determined as of the date payments to the Beneficiary commence, plusplus [check if desired]:

Appears in 4 contracts

Samples: Adoption Agreement (S Y Bancorp Inc), Non Qualified Excess Plan Adoption Agreement (Emc Insurance Group Inc), Non Qualified Excess Plan Adoption Agreement (Emc Insurance Group Inc)

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:: __ (a) An amount to be determined by the Committee. XX (b) No additional benefits.

Appears in 1 contract

Samples: Federal Agricultural Mortgage Corp

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:: --- (b) Other: . ------ X (c) No additional benefits. ---

Appears in 1 contract

Samples: Adoption Agreement (Buffalo Wild Wings Inc)

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:: ___

Appears in 1 contract

Samples: Adoption Agreement (Union Bankshares Inc)

AutoNDA by SimpleDocs

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:: - (a) An amount to be determined by the Committee. XX (b) No additional benefits. DD2320-7 Classification: Customer Confidential

Appears in 1 contract

Samples: Adoption Agreement (Preformed Line Products Co)

Death of a Participant. If the Participant dies while in Service, the Employer shall pay a benefit to the Beneficiary in an amount equal to the vested balance in the Deferred Compensation Account of the Participant determined as of the date payments to the Beneficiary commence, plus:: __ (a) An amount to be determined by the Committee. __ (b) Other: _________. X (c) No additional benefits. -

Appears in 1 contract

Samples: Adoption Agreement (Uci Medical Affiliates Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.