Common use of Claims and Review Procedures Clause in Contracts

Claims and Review Procedures. The following claims procedure shall apply for purposes of this Agreement. The claims procedure in subparagraph (b)(1) below shall be followed with respect to benefits provided by the Insurer under the terms of the Policy. The claims procedure in subparagraph (b)(2) below shall be followed with respect to benefits, if any, provided directly by the Company. The Participant (or the other owner of the Policy designated by the Participant) that owns the Policy (the "Policy Owner") and the Policy Owner's successors, beneficiaries or representatives, as appropriate (individually or collectively, "Claimant"), must follow both procedures, if necessary.

Appears in 4 contracts

Samples: Split Dollar Insurance Agreement (Maxim Integrated Products Inc), Assumption Agreement (Maxim Integrated Products Inc), Split Dollar Insurance Agreement (Maxim Integrated Products Inc)

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Claims and Review Procedures. The following claims procedure shall apply for purposes of this Agreement. The claims procedure in subparagraph (b)(1c)(l) below shall be followed with respect to benefits provided by the Insurer Insurance Company under the terms of the Policy. The claims procedure in subparagraph (b)(2c)(2) below shall be followed with respect to benefits, if any, provided directly by the Company. The Participant (or the other owner of the Policy designated by the Participant) that owns the Policy (the "Policy Owner") and , the Policy Owner's heirs, successors, beneficiaries or representatives, as appropriate personal representatives (individually or collectively, "Claimant"), ) must follow both procedures, if necessary.

Appears in 1 contract

Samples: Split Dollar Insurance Agreement (National Home Centers Inc)

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