Common use of Death after Separation from Service Clause in Contracts

Death after Separation from Service. If the Executive dies after Separation from Service and if Separation from Service was not a Termination with Cause, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance remaining when the Executive’s death occurs, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, or the Executive’s estate if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and if Separation from Service was not a Termination with Cause, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance remaining when at the Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, Executive or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and Service, if Separation from Service was not a Termination with Cause, and if at death the Executive was receiving the benefit under section 2.1 or was receiving or was entitled at Normal Retirement Age to receive the benefit under sections 2.2 or 2.3, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance remaining when at the Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if Article 3 after the Change-in-Control benefit shall have been is paid to the Executive under section 2.4 or if after a Change-in-Control payout shall have occurred occurs under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2Beneficiary, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, Executive or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and if Separation from Service was not a Termination with Cause, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance remaining when existing at the Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, Executive or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and Service, if Separation from Service was not a Termination with Cause, and if at death the Executive was receiving the benefit under section 2.1 or was receiving or was entitled at Normal Retirement Age to receive the benefit under sections 2.2 or 2.3, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Account Balance remaining when at the Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if Article 3 after the Change-in-Control benefit shall have been is paid to the Executive under section 2.4 or if after a Change-in-Control payout shall have occurred occurs under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2Beneficiary, the benefit shall be paid in a single lump sum 90 ninety (90) days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, Executive or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and Service, if Separation from Service was not a Termination with for Cause, and if at death Executive was receiving the benefit under Section 2.1 or was receiving or was entitled at Normal Retirement Age to receive the benefit under Sections 2.2 or 2.3, at Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance Accrued Amount remaining when the at Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section Section 2.4 or unless a Change-in-Control payout shall have occurred under section Section 2.5. No benefit shall be paid under this section 3.2 if Article 3 after the Change-in-Control benefit shall have been is paid to the Executive under section Section 2.4 or if after a Change-in-Control payout shall have occurred occurs under section Section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2Beneficiary, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive or Executive’s Beneficiary, or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and Service, if Separation from Service was not a Termination with Cause, and if at death the Executive was receiving the benefit under section 2.1 or was receiving or was entitled at Normal Retirement Age to receive the benefit under sections 2.2 or 2.3, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance present value of Vested Annual Benefit Amount remaining when at the Executive’s death occurscalculated by applying a five percent (5%) discount rate, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 2.5 or unless a Change-in-Control payout shall have occurred under section 2.52.6. No benefit shall be paid under this section 3.2 if Article 3 after the Change-in-Control benefit shall have been is paid to the Executive under section 2.4 2.5 or if after a Change-in-Control payout shall have occurred occurs under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, or the Executive’s estate if this Agreement is terminated under Article 52.

Death after Separation from Service. If the Executive dies after Separation from Service and if Separation from Service was not a Termination with Cause, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the vested Accrual Balance remaining when the Executive’s death occurs, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, or the Executive’s estate if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and if Separation from Service was not a Termination with for Cause, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount in cash equal to the Accrual Balance remaining when existing at the Executive’s death occursdeath, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid under this section 3.2 if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits under this Agreement shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary, Executive or the Executive’s estate Beneficiary if this Agreement is terminated under Article 5.

Death after Separation from Service. If the Executive dies after Separation from Service and Service, if Separation from Service was not a Termination with Cause, and if at death the Executive was receiving the benefit under section 2.1 or was receiving or was entitled at Normal Retirement Age to receive the benefit under sections 2.2 or 2.4, at the Executive’s death the Executive’s Beneficiary shall be entitled to an amount receive the benefits the Executive would have received had the Executive survived, except that payment of the benefits shall commence on the first day of the month immediately after the month in cash equal to the Accrual Balance remaining when which the Executive’s death occurs, unless the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or unless a Change-in-Control payout shall have occurred under section 2.5. No benefit shall be paid to the Executive’s Beneficiary if the termination payment shall have been made under this section 3.2 2.3, if the Change-in-Control benefit shall have been paid to the Executive under section 2.4 or 2.5, if a Change-in-Control payout shall have occurred under section 2.5. If a benefit is payable to the Executive’s Beneficiary under this section 3.2, the benefit shall be paid in a single lump sum 90 days after the Executive’s death. However, no benefits shall be paid or payable under this Agreement to the Executive, the Executive’s Beneficiary2.6, or the Executive’s estate if this Agreement is terminated under Article 5.