Common use of Death During Benefit Period Clause in Contracts

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 59 contracts

Samples: Salary Continuation Agreement (Fidelity Federal Bancorp), Supplemental Executive Retirement Agreement (South Financial Group Inc), Supplemental Executive Retirement Agreement (South Financial Group Inc)

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Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 24 contracts

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

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 12 contracts

Samples: Continuation Agreement (First Keystone Corp), Salary Continuation Agreement (First Keystone Corp), Supplemental Executive Retirement Plan Agreement (Sunshine Bancorp, Inc.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such 180 monthly payments, the Company Bank shall pay the remaining benefits (up to the 180 monthly payments) to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 11 contracts

Samples: Acnb Bank (Acnb Corp), Salary Continuation Agreement (Acnb Corp), Acnb Bank (Acnb Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 11 contracts

Samples: Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc), Continuation Agreement (Codorus Valley Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 10 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc), Supplemental Executive Retirement Agreement (New North Penn Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Malvern Federal Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they that would have been paid to the Executive had the Executive survived.

Appears in 10 contracts

Samples: Continuation Agreement (Temecula Valley Bancorp Inc), Continuation Agreement (Temecula Valley Bancorp Inc), Continuation Agreement (Temecula Valley Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 9 contracts

Samples: Agreement (Provident Community Bancshares, Inc.), Continuation Agreement (High Point Financial Corp), Continuation Agreement (High Point Financial Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 9 contracts

Samples: Retirement Plan Agreement (Pittsburgh Financial Corp), Supplemental Executive Retirement Plan Agreement (Capital Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Pittsburgh Financial Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, or after the Executive is entitled to begin receiving benefits, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 6 contracts

Samples: Continuation Agreement (Third Coast Bancshares, Inc.), Salary Continuation Agreement (Third Coast Bancshares, Inc.), Salary Continuation Agreement (Third Coast Bancshares, Inc.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentsbenefits for one hundred eighty (180) months, the Company shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had until the Executive survivedexpiration of one hundred eighty (180) months from the time payments commenced.

Appears in 5 contracts

Samples: Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.), Continuation Agreement (Eagle Bancorp Montana, Inc.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary for the remaining term at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 5 contracts

Samples: Continuation Agreement (First Community Financial Corp), Continuation Agreement (First Community Financial Corp), Continuation Agreement (First Community Financial Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary designated in accordance with Section 4.1 below at the same time and in the same amounts they as would have been paid to the Executive had the Executive survived.

Appears in 5 contracts

Samples: Continuation Agreement (United Security Bancshares Inc), Continuation Agreement (United Security Bancshares Inc), Continuation Agreement (United Security Bancshares Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentsthe date of the 15th annual payment, the Company Bank shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survivedsurvived until the date of the 15th annual payment.

Appears in 4 contracts

Samples: Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.), Supplemental Executive Retirement Agreement (Fairfield County Bank Corp.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Plan Agreement (Lakeland Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Lakeland Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Lakeland Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survivedsurvived and no death benefit shall be payable under this Article 3.

Appears in 3 contracts

Samples: Continuation Agreement (Wesbanco Inc), Salary Continuation Agreement (Wesbanco Inc), Continuation Agreement (Wesbanco Inc)

Death During Benefit Period. If the Executive dies after the benefit payments under Article 2 of this Agreement have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary beneficiary(ies) at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Continuation Agreement (Premierwest Bancorp), Salary Continuation Agreement (Premierwest Bancorp)

Death During Benefit Period. If the Executive dies after the benefit any Lifetime Benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 3 contracts

Samples: Continuation Agreement (FFW Corp), Continuation Agreement (FFW Corp), Continuation Agreement (FFW Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under Section 2 of this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they the benefit would have been paid to the Executive had the Executive survived.

Appears in 3 contracts

Samples: Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc), Salary Continuation Agreement (Greer Bancshares Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they the benefit would have been paid to the Executive had if the Executive survived.

Appears in 2 contracts

Samples: Continuation Agreement (Peoples Bancorporation Inc /Sc/), Peoples National Bank (Peoples Bancorporation Inc /Sc/)

Death During Benefit Period. If the Executive dies after the benefit payments under Article 2 of this Agreement have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary ’s beneficiary(ies) at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc), Supplemental Executive Retirement Agreement (Smithtown Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. Such payments to the Executive’s beneficiary will commence on the first day of the month following the date of the Executive’s death.

Appears in 2 contracts

Samples: Continuation Agreement (Tib Financial Corp.), Continuation Agreement (Tib Financial Corp.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentspayments or if the Executive had terminated employment due to Disability prior to his death and before Normal Retirement Age, the Company Bank shall pay the remaining benefits to the Executive's ’s designated beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived; provided, however, that if the Executive was entitled to a benefit under Section 2.3 of this Agreement, such benefit shall be payable to the Executive’s designated beneficiary on the first day of the month commencing with the month following the Executive’s death.

Appears in 2 contracts

Samples: Salary Continuation Agreement (Ocean Shore Holding Co), Salary Continuation Agreement (Ocean Shore Holding Co)

Death During Benefit Period. If IF the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 2 contracts

Samples: Retirement Plan Agreement (Capital Bancorp Inc), Retirement Plan Agreement (Capital Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit --------------------------- payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they that would have been paid to the Executive had the Executive survived.

Appears in 2 contracts

Samples: Continuation Agreement (United Panam Financial Corp), Continuation Agreement (United Panam Financial Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, or after the Executive is entitled to begin receiving benefits, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived. These benefit amounts shall be considered income in respect of a decedent, as outlined in IRC Section 691 of the Code.

Appears in 2 contracts

Samples: Continuation Agreement (CU Bancorp), Continuation Agreement (CU Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. 5

Appears in 2 contracts

Samples: Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc), Trust Deferred Compensation Agreement (Southern Michigan Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they the benefit would have been paid to the Executive had the Executive survived.

Appears in 2 contracts

Samples: Continuation Agreement (Federal Trust Corp), Continuation Agreement (Federal Trust Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company ONB shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. Article 5 Beneficiaries 5.1

Appears in 1 contract

Samples: Fee Agreement (Orange National Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they it would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Western Sierra Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (First Perry Bancorp, Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they that would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Incentive Retirement Agreement (Ridgestone Financial Services Inc)

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Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.. 5.3

Appears in 1 contract

Samples: Conway National Bank Phantom Stock Agreement (CNB Corp /Sc/)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentsguaranteed payments or if the Executive had terminated employment due to Disability prior to his death and before Normal Retirement Age, the Company Bank shall pay the remaining benefits to the Executive's ’s designated beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived; provided, however, that if the Executive was entitled to a benefit under Section 2.3 of this Agreement, such benefit shall be payable to the Executive’s designated beneficiary on the first day of the month commencing with the month following the Executive’s death.

Appears in 1 contract

Samples: Ocean City Home Bank (Ocean Shore Holding Co.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts sameamounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Continuation Agreement (Orrstown Financial Services Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary Beneficiary at the same time time, in the same method, and in the same amounts they would have been paid to the Executive had the Executive survived.. 10

Appears in 1 contract

Samples: Executive Deferred Compensation Agreement (PSB Holdings Inc /Wi/)

Death During Benefit Period. If the lie Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Continuation Agreement (Mid Penn Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.survived except that for purposes of the normal retirement benefit, payments shall be made, in accordance with the provisions of Section 2.1.2, until the later of the Executive's death or a total of 180 monthly payments have been made. Article 4 Beneficiaries 4.1

Appears in 1 contract

Samples: Continuation Agreement (City National Bancshares Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentsAgreement, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts as they would have been paid to the Executive had for the Executive survivedremainder of the nineteen year period from the commencement of benefits.

Appears in 1 contract

Samples: First National South Salary Continuation Agreement (M&m Financial Corp /Sc/)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, other than benefits on account of Disability, but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Fee Agreement (Orange National Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they as would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (South Financial Group Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they that would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: First National South (M&m Financial Corp /Sc/)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such paymentsguaranteed payments or if the Executive had terminated employment due to Disability prior to her death and before Normal Retirement Age, the Company Bank shall pay the remaining benefits to the Executive's ’s designated beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived; provided, however, that if the Executive was entitled to a benefit under Section 2.3 of this Agreement, such benefit shall be payable to the Executive’s designated beneficiary on the first day of the month commencing with the month following the Executive’s death.

Appears in 1 contract

Samples: Salary Continuation Agreement (Ocean Shore Holding Co.)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.survived except that for purposes of the normal retirement benefit, payments shall be made, in accordance with the provisions of Section 2.1.2, until the later of the Executive=s death or a total of 180 monthly payments have been made. Article 4

Appears in 1 contract

Samples: Continuation Agreement (City National Bancshares Corp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at based on the same time and in form of Pension Plan payment elected by the same amounts they would have been paid to the Executive had the Executive survivedExecutive.

Appears in 1 contract

Samples: Excess Benefit Plan Agreement (Home Federal Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived; provided, however, that the Executive (and beneficiary) shall have no right to receive, and the Bank shall have no obligation to pay, more than 180 monthly payments (including all payments made prior to the Executive's death).

Appears in 1 contract

Samples: Retirement Agreement (Tompkins Trustco Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's ’s beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Salary Continuation Agreement (Guaranty Bancshares Inc /Tx/)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive executive survived.

Appears in 1 contract

Samples: Compensation Agreement (Southern Michigan Bancorp Inc)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, but before receiving all such payments, the Company Bank shall pay the remaining benefits to the Executive's beneficiary Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Peoples State Bank Incentive Deferred Bonus Agreement (PSB Holdings Inc /Wi/)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining full benefits to the Executive's beneficiary at in a lump sum payment as soon as practicable after the same time and in the same amounts they would have been paid to the Executive had the Executive survivedExecutive's death.

Appears in 1 contract

Samples: United Panam Financial Corp

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement Agreement, or after the Executive is entitled to begin receiving benefits, but before receiving all such payments, the Holding Company shall pay the remaining benefits to the Executive's beneficiary ’s Beneficiary at the same time and in the same amounts they would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Salary Continuation Agreement (Washington Banking Co)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company shall pay the remaining benefits to the Executive's beneficiary at the same time and in the same amounts they it would have been paid to the Executive had the Executive survived.

Appears in 1 contract

Samples: Agreement (Cerritos Valley Bancorp)

Death During Benefit Period. If the Executive dies after the benefit payments have commenced under this Agreement but before receiving all such payments, the Company and Executive agree that following the death of Executive the Company shall pay the remaining benefits not make any additional benefit payments pursuant to the Executive's beneficiary at the same time this Agreement and in the same amounts they would have been paid to the Executive had the Executive survivedthis Agreement shall terminate.

Appears in 1 contract

Samples: Western Sierra National (Western Sierra Bancorp)

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