Insurance Policy Not in Effect. If the Executive dies while the Insurance Policy is not validly in effect, the benefit under Section 3.1 is the Accrued Benefit at the date of the Executive’s death divided by one-hundred and eighty.
Appears in 3 contracts
Samples: Sandy Spring Bank Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc), Supplemental Executive Retirement Agreement (Sandy Spring Bancorp Inc)
Insurance Policy Not in Effect. If the Executive dies while the Insurance Policy is not validly in effect, the benefit under Section 3.1 is the Accrued Benefit at the date of the Executive’s 's death divided by one-hundred and eighty.
Appears in 3 contracts
Samples: Retirement Agreement (Sandy Spring Bancorp Inc), Retirement Agreement (Sandy Spring Bancorp Inc), Retirement Agreement (Sandy Spring Bancorp Inc)
