Common use of Pre-Termination of Employment Survivor Income Benefit Clause in Contracts

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies in active service to the Bank before reaching Normal Retirement Age, the Bank shall pay to the Executive's designated beneficiary the survivor income benefit described in Section 2.5. The survivor income benefit shall be paid in a single lump sum within 90 days after submission of proof of a claim substantiating the Executive's death.

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies in active service to the Bank before reaching Normal Retirement Ageage 85, the Bank shall pay to the Executive's designated beneficiary the a survivor income benefit described in Section 2.5of $471,741. The survivor income benefit shall be paid in a single lump sum within 90 days after submission of proof of a claim substantiating the Executive's death.

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies in active service to the Bank before reaching Normal Retirement Ageage 85, the Bank shall pay to the Executive's designated beneficiary the a survivor income benefit described in Section 2.5of $170,137. The survivor income benefit shall be paid in a single lump sum within 90 days after submission of proof of a claim substantiating the Executive's death.

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies in active service to the Bank before reaching Normal Retirement Ageage 85, the Bank shall pay to the Executive's designated beneficiary the a survivor income benefit described in Section 2.5of $262,861. The survivor income benefit shall be paid in a single lump sum within 90 days after submission of proof of a claim substantiating the Executive's death.

Pre-Termination of Employment Survivor Income Benefit. If the Executive dies in active service to the Bank before reaching Normal Retirement Ageage 85, the Bank shall pay to the Executive's designated beneficiary the a survivor income benefit described in Section 2.5of $368,970. The survivor income benefit shall be paid in a single lump sum within 90 days after submission of proof of a claim substantiating the Executive's death.