Amendment and Revocation. The Insured and the Bank agree that, during the Insured's lifetime, this Agreement may be amended or revoked at any time or times, in whole or in part, by the mutual written consent of the Insured and the Bank.
Appears in 10 contracts
Samples: Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp), Split Dollar Life Insurance Agreement (United Financial Bancorp, Inc.), Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp)
Amendment and Revocation. The Insured and the Bank agree that, -------------------------- during the Insured's lifetime, this Agreement may be amended or revoked at any time or times, in whole or in part, by the mutual written consent of the Insured and the Bank.
Appears in 2 contracts
Samples: Endorsement Split Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.), Endorsement Split Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.)
Amendment and Revocation. The Insured and the Bank agree that, during the Insured's ’s lifetime, this Agreement may be amended or revoked at any time or times, in whole or in part, by the mutual written consent of the Insured and the Bank.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Atlantic Coast Federal Corp)
Amendment and Revocation. The Insured and the Bank Board agree that, during the Insured's ’s lifetime, this Agreement may be amended or revoked at any time or times, in whole or in part, by the mutual written consent of the Insured and the BankBoard or may be amended and revoked at any time without the consent of the Insured if, in the sole discretion of the Board, such amendment or termination is necessary or desirable as a result of changes in the tax laws or accounting rules.
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (PCSB Financial Corp)
