Common use of Lump Sum Payment Clause in Contracts

Lump Sum Payment. Deferral Benefits will be paid to the Beneficiary in the form of a lump sum payment.

Appears in 5 contracts

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Lump Sum Payment. Deferral Benefits will may be paid to the Beneficiary Participant only in the form of a lump sum payment.

Appears in 5 contracts

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Lump Sum Payment. Deferral Benefits will may be paid to the Beneficiary only in the form of a lump sum payment.

Appears in 5 contracts

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Lump Sum Payment. Deferral Benefits will be paid to the Beneficiary Participant in the form of a lump sum payment.

Appears in 5 contracts

Sources: Non Qualified Deferred Compensation Plan (American National Bankshares Inc.), Non Qualified Deferred Compensation Plan (C & F Financial Corp), Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Lump Sum Payment. Deferral ---------------- Benefits will be paid to the Beneficiary in the form of a lump sum payment.

Appears in 1 contract

Sources: Non Qualified Deferred Compensation Plan (C & F Financial Corp)

Lump Sum Payment. Deferral Benefits will be paid to the Beneficiary in the form of a lump sum payment.

Appears in 1 contract

Sources: Deferred Compensation Plan (Pinnacle Bankshares Corp)