Assignment by the Owner. The Owner may assign any part or all of such Owner's retained interest in the Policy or in this Agreement to any person, entity or trust; provided that such assignment shall be effective only if (i) the new Owner-assignee agrees in writing to be bound by the terms of this Agreement, and (ii) the assigning Owner provides written notice to the Assignee of such assignment (identifying the name, address and telephone number of such new Owner-Assignee).
Appears in 11 contracts
Samples: Split Dollar Insurance Agreement (Forest City Enterprises Inc), Split Dollar Insurance Agreement (Forest City Enterprises Inc), Split Dollar Insurance Agreement (Forest City Enterprises Inc)
