ESCROW OF BENEFITS. (a) At any time after the occurrence of a Change in Control, the Company shall, upon the written request of the Executive, promptly deliver to a bank or other institution acceptable to the Executive, as escrow agent (the "Escrow Agent"), an amount of cash or certificates of deposit, treasury bills or irrevocable letters of credit adequate to fully fund the obligations of the Company under this Agreement.
Appears in 8 contracts
Samples: Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc), Termination Agreement (Selective Insurance Group Inc)