Misstatement. No benefit shall be distributed if an insurance company which issued a life insurance policy covering the Executive and owned by the Bank denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 13 contracts
Sources: Supplemental Executive Retirement Plan Agreement (Mid Penn Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Mid Penn Bancorp Inc), Supplemental Executive Retirement Plan Agreement (Mid Penn Bancorp Inc)
Misstatement. No Notwithstanding anything to the contrary in this Article 2, no benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Executive Director on an application for such life insurance, or (ii) for any other reason.or
Appears in 2 contracts
Sources: Director Retirement Plan (Eureka Homestead Bancorp, Inc.), Director Retirement Plan (Eureka Homestead Bancorp, Inc.)
Misstatement. No benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive and owned by the Bank Employer denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Sources: Supplemental Executive Retirement Plan (Eureka Homestead Bancorp, Inc.), Supplemental Executive Retirement Plan (Eureka Homestead Bancorp, Inc.)
Misstatement. No Notwithstanding anything to the contrary in this Article 2, no benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Executive Director on an application for such life insurance, or (ii) for any other reason.
Appears in 2 contracts
Sources: Director Retirement Plan (Eureka Homestead Bancorp, Inc.), Director Retirement Plan (Eureka Homestead Bancorp, Inc.)
Misstatement. No benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive and owned by the Bank Company denies coverage (i) for material misstatements of fact made by the Executive on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Sources: Salary Continuation Agreement (Consumers Bancorp Inc /Oh/)
Misstatement. No benefit shall be distributed hereunder if an insurance company which issued a life insurance policy covering the Executive Director and owned by the Bank denies coverage (i) for material misstatements of fact made by the Executive Director on an application for such life insurance, or (ii) for any other reason.
Appears in 1 contract
Sources: Director Retirement Plan (Eureka Homestead Bancorp, Inc.)