Common use of Additional Policy Benefits and Riders Clause in Contracts

Additional Policy Benefits and Riders. The Corporation may add a rider to the policy on the Employee's life, acquired pursuant to the terms of ther Agreement, for its own benefit. Upon written request made by the Employee the Corporation may add a rider to the policy for the benefit of the Employee. Any additional premium for any rider which is added to the policy shall be paid by the party which will be entitled to receive the proceeds of the rider.

Additional Policy Benefits and Riders. The Corporation Employee may add a rider to the policy Policy on the Employee's his life, acquired pursuant to the terms of ther this Agreement, for its his own benefit. Upon written request made by the Company, the Employee the Corporation may add a rider to the policy Policy for the benefit of the EmployeeCompany. Any additional premium for any rider which is added to the policy Policy shall be paid by the party which will be entitled to receive the proceeds of the rider.

Additional Policy Benefits and Riders. The Corporation may add a rider to the policy on the Employee's life, acquired pursuant to the terms of ther this Agreement, for its own benefit. Upon written request made by the Employee the Corporation may add a rider to the policy for the benefit of the Employee. Any additional premium for any rider which is added to the policy shall be paid by the party which will be entitled to receive the proceeds of the rider.