EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES Sample Clauses

EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. Notwithstanding anything to the contrary, the parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) beneficiary(ies) under this Agreement.
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EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Policy’s(ies’) suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) Beneficiary under this Endorsement Method Split Dollar Agreement. This Agreement shall be effective as of the date first set forth above. COLUMBIA STATE BANK By: /s/ Xxxxxxx X. Xxxxxxxxxxxx, Chairman By: /s/ XXXXXXX X. XXXXXXX Signature & Title Insured Date: October 30, 2015 Date: October 30, 2015
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) beneficiary(ies) under this Agreement. Executed at Reno, Nevada this day of October, 2007. NEVADA SECURITY BANK Reno, Nevada By: By: Its:Chief Executive Officer Insured: Xxxx X. Xxxxxxx Witness Witness BENEFICIARY DESIGNATION FORM FOR THE SECOND AMENDED AND RESTATED NEVADA SECURITY BANK SPLIT DOLLAR AGREEMENT I hereby revoke all previous beneficiary designations under the First Amended and Restated Nevada Security Bank Split Dollar Agreement and the original Nevada Security Bank Split Dollar Agreement, and make the new primary and secondary designations as set forth below.
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to the Insured’s (or the Insured’s Assignee’s) beneficiary(ies) under this Joint Beneficiary Agreement. This Agreement shall be effective as of the date first set forth above. UNITED BUSINESS BANK By: /s/Gxxxxx X. Xxxxxxx By: /s/ Kxxxx X. Xxxxxxx Insured Title: CEO Date: April 17, 2018 Date: April 17, 2018 [Beneficiary Designation Forms Intentionally Omitted]
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) beneficiary(ies) under this Endorsement Method Split Dollar Agreement. This Agreement shall be effective as of the date first set forth above. UMPQUA BANK INSURED By: By:________________________ Chief Human Resources Officer Insured Date:________________ Date:______________________
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) Beneficiary(ies) under this Joint Beneficiary Designation Agreement. Executed at Provo, Utah this 6 day of Dec, 2005. Far West Bank By: /s/ Xxxx X. Call By: /s/ H. Xxx Xxxxxx Title: Chairman Insured and Date: 12/6/05 /s/ Xxx Xxxxxx /s/ Xxxxx Xxxxxxxx Witness Witness
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) beneficiary(ies) under this Joint Beneficiary Designation Agreement. Executed at , this _24th day of _January , 2006. Nevada Security Bank Reno, Nevada By: By: Insured: Title: Chief Executive Officer Witness Witness BENEFICIARY DESIGNATION FORM FOR THE FIRST AMENDED AND RESTATED NEVADA SECURITY BANK SPLIT DOLLAR AGREEMENT
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EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Policy’s(ies’) suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignees) beneficiary(ies) under this Split Dollar Agreement. This Agreement shall be effective as of the date first set forth above. FIVE STAR BANK /s/ Xxxxx Xxxxxxxx Date: 9/28/2020 Signature & Title /s/ Xxxxxx Xxxxxxxx Date: 9/28/2020 Insured- Signature BENEFICIARY DESIGNATION FORM FOR THE FIVE STAR BANK SPLIT DOLLAR AGREEMENT Executive: Xxxxxx Xxxxxxxx
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the life insurance Policy’s(ies’) suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignee’s) Beneficiary(ies) under this Agreement. This Agreement shall be effective as of the date first set forth above. UNITED BUSINESS BANK By: /s/ Gxxxxx X. Xxxxxxx By: /s/ Kxxxx X. Xxxxxxx Insured Title: Chief Executive Officer Date: August 13, 2017 Date: August 13, 2017
EFFECT OF THE LIFE INSURANCE POLICY’S CONTESTABILITY CLAUSES. The parties herein understand and agree that the payment of the benefits provided herein are subject to the Life Insurance Policy’s suicide and contestability clauses and other such clauses, and if such clauses preclude the Insurer from paying the full death / / / / / / / / / / / / proceeds, then, in such event, no death benefits of whatever nature shall be payable to Insured’s (or Insured’s Assignees) beneficiary(ies) under this Endorsement Method Split Dollar Agreement. This Agreement shall be effective as of the date first set forth above. COLUMBIA STATE BANK Xxxx Xxxxxx /s/ XXXXX XXXXXX Date: 2/25/2019 EVP/Chief Human Resources Officer /s/ XXXX XXX Date:2/25/2019 Insured- Signature
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