Common use of Additional Policy Benefits and Riders Clause in Contracts

Additional Policy Benefits and Riders. Employee may add a rider ------------------------------------- to the Policy for Employee's own benefit. Upon written request by Corporation, Employee shall add a rider to the Policy for the benefit of Corporation.

Appears in 2 contracts

Samples: Incorporated Split Dollar Agreement (Southern States Cooperative Inc), Incorporated Split Dollar Agreement (Southern States Cooperative Inc)

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Additional Policy Benefits and Riders. The Employee may at any time --------------------------------------- add a rider ------------------------------------- to the Policy for Employee's own benefitPolicy. Upon written request by Corporationthe Employer, the Employee shall will add a rider to the Policy for the benefit of Corporationthe Employer. The additional premium for any rider that is added to the Policy will be paid by the party entitled to receive the proceeds of the rider.

Appears in 2 contracts

Samples: Split Dollar Agreement (Tri County Financial Corp /Md/), Split Dollar Agreement (Tri County Financial Corp /Md/)

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Additional Policy Benefits and Riders. Employee The Employer may add a rider ------------------------------------- to the Policy for Employee's its own benefit. Upon written request made by Corporationthe Employee, Employee shall the Employer may add a rider to the Policy for the benefit of Corporationthe Employee. Any additional premium for any rider that is added to the Policy shall be paid by the party that will be entitled to receive the proceeds of the rider.

Appears in 1 contract

Samples: Endorsement Split Dollar Agreement (Partners Trust Financial Group Inc)

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