Amendment and Effect. This Agreement contains the entire understanding between the Trust, the Employer and the Insureds concerning the matters addressed herein. This Agreement, or any of its provisions, may not be amended, supplemented, modified or waived unless by a writing signed by the party to be bound thereby. If any provision of this Agreement is determined to be void, invalid or unenforceable, the remaining provisions will not be affected, but will continue in effect as though such void, invalid or unenforceable provision were not originally a part of this Agreement. This Agreement will benefit and bind the heirs, executors, administrators, personal representatives, successors and assigns of each of the parties hereto. Notwithstanding the foregoing, the Trustees are entering into this Agreement solely in their capacity as Trustees and not individually.
Appears in 4 contracts
Samples: Split Dollar Life Insurance Plan Agreement (Mego Financial Corp), Split Dollar Life Insurance Plan Agreement (Mego Financial Corp), Agreement Concerning "Split Dollar" Life Insurance Plan (Mego Financial Corp)
Amendment and Effect. This Agreement contains the entire understanding between the Trust, the Employer and the Insureds Insured concerning the matters addressed herein. This Agreement, or any of its provisions, may not be amended, supplemented, modified or waived unless by a writing signed by the party to be bound thereby. If any provision of this Agreement is determined to be void, invalid or unenforceable, the remaining provisions will not be affected, but will continue in effect as though such void, invalid or unenforceable provision were not originally a part of this Agreement. This Agreement will benefit and bind the heirs, executors, administrators, personal representatives, successors and assigns of each of the parties hereto. Notwithstanding the foregoing, the Trustees are Trustee is entering into this Agreement solely in their his capacity as Trustees Trustee and not individually.
Appears in 1 contract
Samples: Split Dollar Life Insurance Plan Agreement (Mego Financial Corp)