Common use of Suicide Clause in Contracts

Suicide. If the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Appears in 19 contracts

Sources: Executive Incentive Retirement Agreement (Smithtown Bancorp Inc), Executive Incentive Retirement Agreement (First Litchfield Financial Corp), Executive Incentive Retirement Agreement (First Litchfield Financial Corp)

Suicide. If the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company, then this Agreement shall terminate and the Executive shall automatically forfeit all benefits and amounts due hereunder, except to the extent that he is vested.

Appears in 2 contracts

Sources: Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.), Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.)

Suicide. If the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.ONB. Article 8

Appears in 1 contract

Sources: Standard Office Lease (Orange National Bancorp)