Common use of Payment on Executive's Death Clause in Contracts

Payment on Executive's Death. If Executive dies prior to the Bank's payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's death shall be paid by the Bank to Executive's Designated heirs (as defined below) within thirty (30) days after the later of(A) the date of the delivery to the Bank of written notice of Executive's death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirs. Set forth in Exhibit A thereto is a schedule of Executive's heirs (the "Designated heirs") for purposes of this Agreement. Executive may change the Designated heirs at any time and from time to time; provided that the Bank shall not be bound by any change to the Designated heirs unless and until the Bank has received written notice of the change.

Payment on Executive's Death. If Executive dies prior to the Bank's payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's death shall be paid by the Bank to Executive's Designated heirs Heirs (as defined below) within thirty (30) days after the later of(Aof (A) the date of the delivery to the Bank of written notice of Executive's death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirsHeirs. Set forth in Exhibit A thereto hereto is a schedule of Executive's heirs (the "Designated heirsHeirs") for purposes of this Agreement. Executive may change the Designated heirs Heirs at any time and from time to time; provided that the Bank shall not be bound by any change to the Designated heirs Heirs unless and until the Bank has received written notice of the change. Upon receipt of such notice, Exhibit A shall be deemed amended as provided in said notice.

Payment on Executive's Death. If Executive dies prior to the Bank's ’s payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's ’s death shall be paid by the Bank to Executive's ’s Designated heirs Heirs (as defined below) within thirty (30) days after the later of(A) the date of the delivery to the Bank of written notice of Executive's ’s death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's ’s estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirsHeirs. Set forth in Exhibit A thereto hereto is a schedule of Executive's ’s heirs (the "“Designated heirs"Heirs”) for purposes of this Agreement. Executive may change the Designated heirs Heirs at any time and from time to time; provided that the Bank shall not be bound by any change to the Designated heirs Heirs unless and until the Bank has received written notice of the change.

Payment on Executive's Death. If Executive dies prior to the Bank's ’s payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's ’s death shall be paid by the Bank to Executive's ’s Designated heirs Heirs (as defined below) within thirty (30) days after the later of(Aof (A) the date of the delivery to the Bank of written notice of Executive's ’s death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's ’s estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirsHeirs. Set forth in Exhibit A thereto hereto is a schedule of Executive's ’s heirs (the "“Designated heirs"Heirs”) for purposes of this Agreement. Executive may change the Designated heirs Heirs at any time and from time to time; , provided that the Bank shall not be bound by any change to the Designated heirs Heirs unless and until the Bank has received written notice of the change.

Payment on Executive's Death. If Executive dies ---------------------------- prior to the Bank's payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's death shall be paid by the Bank to Executive's Designated heirs Heirs (as defined below) within thirty (30) days after the later of(Aof (A) the date of the delivery to the Bank of written notice of Executive's death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirsHeirs. Set forth in Exhibit A thereto hereto is a --------- schedule of Executive's heirs (the "Designated heirsHeirs") for purposes of this ---------------- Agreement. Executive may change the Designated heirs Heirs at any time and from time to time; provided that the Bank shall not be bound by any change to the Designated heirs Heirs unless and until the Bank has received written notice of the change.

Payment on Executive's Death. If Executive dies prior to the Bank's payment to Executive of all amounts credited to the Deferral Account, the entire balance of the Deferral Account on the date of Executive's death shall be paid by the Bank to Executive's Designated heirs Heirs (as defined below) within thirty (30) days after the later of(A) the date of the delivery to the Bank of written notice of Executive's death or (B) the date on which the Bank receives a court order or written instructions from legal counsel for Executive or Executive's estate reasonably acceptable to the Bank authorizing and confirming the payment of the account balance to the Designated heirsHeirs. Set forth in Exhibit A thereto hereto is a schedule of Executive's heirs (the "Designated heirsHeirs") for purposes of this Agreement. Executive may change the Designated heirs Heirs at any time and from time to time; provided that the Bank shall not be bound by any change to the Designated heirs Heirs unless and until the Bank has received written notice of the change.