Common use of Amendment and Assignment Clause in Contracts

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer and the Employee. Either party may, subject to the limitations of Article IV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 5 contracts

Samples: Split Dollar Endorsement Agreement (Prudential Bancorp, Inc.), Split Dollar Endorsement Agreement (Prudential Bancorp, Inc.), Split Dollar Endorsement Agreement (Prudential Bancorp, Inc.)

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Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Corporation and the Employee. Either party may, subject to the limitations of Article IVV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 4 contracts

Samples: Collateral Assignment Split Dollar Insurance Agreement (Advanced Lighting Technologies Inc), Collateral Assignment Split Dollar Insurance Agreement (Advanced Lighting Technologies Inc), Dollar Insurance Agreement (Advanced Lighting Technologies Inc)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Corporation and the Employee. Either party may, subject to the limitations of Article IV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 3 contracts

Samples: Dollar Endorsement Agreement (Heartland Bancshares Inc /In/), Dollar Endorsement Agreement (Heartland Bancshares Inc /In/), Dollar Endorsement Agreement (Heartland Bancshares Inc /In/)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Plan Sponsor and the Employee. Either party may, subject to the limitations of Article IV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 3 contracts

Samples: Split Dollar Endorsement Agreement (New England Bancshares, Inc.), Split Dollar Endorsement Agreement (New England Bancshares, Inc.), Split Dollar Endorsement Agreement (New England Bancshares, Inc.)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, only by a written instrument signed by the Employer Corporation and the Employee. Either party may, subject to the limitations of Article IVParagraph 6, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 2 contracts

Samples: South Carolina Split Dollar Agreement (First South Bancorp Inc), Split Dollar Agreement (First South Bancorp Inc)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Bank and the Employee. Either party may, subject to the limitations of Article IVVII, assign its interest interests and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 2 contracts

Samples: Death Benefits Agreement (NBT Bancorp Inc), Death Benefits Agreement (NBT Bancorp Inc)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Corporation and the Employee. Either party may, subject to the limitations of Article IV7, assign its interest interests and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Mid Penn Bancorp Inc)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, modified only by a written instrument signed duly executed by both the Employer and the Employee. Either party may, subject to the limitations of Article IV, may assign its interest rights and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreementthe Policy.

Appears in 1 contract

Samples: Dollar Compensation Agreement (General Scanning Inc \Ma\)

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Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Corporation and the Employee. Either party may, subject to the limitations of Article IVVII, assign its it's interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.. 5 ARTICLE

Appears in 1 contract

Samples: Split Dollar Life (Great Lakes Chemical Corp)

Amendment and Assignment. ​ This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer and the Employee. Either party may, subject to the limitations of Article IV, assign its interest and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.. ​

Appears in 1 contract

Samples: Dollar Endorsement Agreement (Prudential Bancorp, Inc.)

Amendment and Assignment. This The Agreement may be altered, amended or modified, including the addition of any extra policy provisions, only by a written instrument signed by the Employer and the EmployeeParties. Either party Any Party may, subject to the limitations of Article IVSection 4, assign its interest or his interests and obligations under this the Agreement, provided, however, that any assignment will be subject to the terms of this Agreementthe Agreement and shall not increase any obligations of the Parties.

Appears in 1 contract

Samples: Dollar Life Insurance Agreement (Sherwin Williams Co)

Amendment and Assignment. This Agreement may be altered, amended or modified, including the addition of any extra policy provisions, by a written instrument signed by the Employer Company and the Employee. Either party may, subject Employee may not assign his/her interests or obligations under this Agreement. Subject to the limitations of Article IV, the Company may assign its interest interests and obligations under this Agreement, provided, however, that any assignment will be subject to the terms of this Agreement.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (Charter One Financial Inc)

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