Common use of Payment of Benefit Clause in Contracts

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death. The annual benefit shall be paid to the beneficiary for a period of 15 years. Provided, that the Company may, at its sole option, pay the death and continuing for 179 additional months.benefit in a lump sum in lieu of monthly installments. The amount of such lump sum benefit shall be the Accrual Balance at age 65 set forth on Schedule A.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay one-twelfth (1/12th) of the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first (1st) day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional one hundred eighty (180) total months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 consecutive equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following a period of sixty (60) days after the Executive's death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit amount to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's date of death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 two hundred thirty-nine (239) additional months.

Payment of Benefit. The Company shall pay the annual benefit amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 two hundred thirty-nine (239) additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company Bank shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following within 90 days of the Executive's death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing death, paying the annual benefit to the Executive's beneficiary for 179 additional monthsa period of 10 years.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable to the Beneficiary on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's death and continuing for 179 an additional ONE HUNDRED SEVENTY-NINE (179) months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 consecutive equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary Beneficiary(ies) in 12 equal monthly installments payable commencing on the first day of each month commencing with the month following the Executive's death and continuing on the first day of the month thereafter until paid in full. The annual benefit, as provided hereunder, shall be paid to the Executive for 179 additional monthsa period of twenty (20) years and shall be paid without interest.

Payment of Benefit. The Company shall pay the annual ------------------ benefit amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's ’s date of death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 240 equal monthly installments payable including interest at 8.0% per annum commencing on the first day of each month commencing with the calendar month following the Executive's death and continuing for 179 additional monthsdeath.

Payment of Benefit. The Company company shall pay the annual benefit to the beneficiary in 12 180 equal monthly installments payable on the first day of each month commencing with the month following the date of Executive's death ’s termination of employment and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to ------------------ the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the first day of the second month following the Executive's death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the Executive’s beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing ’s death. The annual benefit shall be paid to the Executive’s beneficiary for 179 additional 180 months.

Payment of Benefit. The Company shall pay the annual benefit ------------------ amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 ____ additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s date of death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 120 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death and continuing for 179 additional monthsdeath.

Payment of Benefit. The Company shall pay the annual benefit Benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following receipt of the Executive's valid death certificate and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 ____ additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable Beneficiary on the first day of each month commencing with the month following the Executive's death and continuing for 179 119 additional months.

Payment of Benefit. The Company shall pay the annual benefit ------------------ amount to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the ExecutiveDirector's death and continuing for 179 119 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 twelve (12) equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 one hundred seventy-nine (179) additional months.

Payment of Benefit. The Company shall pay the annual benefit to the Executive’s beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company Bank shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's ’s death and continuing for 179 239 additional months.

Payment of Benefit. The Company shall pay the annual benefit to the beneficiary in 12 180 equal monthly installments payable on the first day of each month commencing with the month following the date of Executive's ’s death and continuing for 179 additional months.

Payment of Benefit. The Company shall pay the annual benefit Immediate Annual Benefit to the beneficiary Executive in 12 equal monthly installments payable on the first day of each month commencing with the month following the Executive's death Termination of Employment and continuing for 179 170 additional months.

Payment of Benefit. The Company shall pay the annual ------------------ benefit to the beneficiary in 12 equal monthly installments payable on the first day of each month commencing with the first day of the second month following the Executive's death and continuing for 179 additional months.