Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in Section 2.2.1 or 2.
Appears in 7 contracts
Samples: Split Dollar Agreement (Centerstate Banks of Florida Inc), Supplemental Life Insurance Agreement (Northern California Bancorp Inc), Supplemental Life Insurance Agreement (Illini Corp)
Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in this Section 2.2.1 or 22.2. The Executive shall also have the right to elect and change settlement options with respect to the Executive’s interest by providing written notice to the Employer and the Insurer.
Appears in 5 contracts
Samples: Split Dollar Life Insurance Agreement (Eureka Homestead Bancorp, Inc.), Split Dollar Life Insurance Agreement (Eureka Homestead Bancorp, Inc.), Split Dollar Life Insurance Agreement (WVS Financial Corp)
Executive’s Interest. The Executive, or the Executive’s assignee, Executive shall have the right to designate the Beneficiary of an amount of death proceeds Net Death Proceeds as specified in Section 2.2.1 3.2.1 or 23.
Appears in 5 contracts
Samples: Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc), Split Dollar Agreement (Southside Bancshares Inc)
Executive’s Interest. The Executive, or the Executive’s 's assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in Section 2.2.1 or 2.
Appears in 3 contracts
Samples: Supplemental Life Insurance Agreement (West Pointe Bancorp Inc), Supplemental Life Insurance Agreement (West Pointe Bancorp Inc), Supplemental Life Insurance Agreement (West Pointe Bancorp Inc)
Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary Beneficiary/ies of an amount of death proceeds proceeds, in the aggregate, as specified in Section 2.2.1 or 2.
Appears in 3 contracts
Samples: Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/), Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/), Supplemental Life Insurance Agreement (Enterprise Bancorp Inc /Ma/)
Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in this Section 2.2.1 or 22.2. The Executive shall also have the right to elect and change settlement options with respect to the Executive’s Interest by providing written notice to the Bank and the Insurer.
Appears in 1 contract
Samples: Endorsement Split Dollar Insurance Agreement (SBT Bancorp, Inc.)
Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in Section 2.2.1 or 2.2.2.1. The Executive shall also have the right to elect and change settlement options with respect to the Executive’s Interest by providing written notice to the Bank and the Insurer. Split Dollar Life Insurance Agreement
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Alamogordo Financial Corp)
Executive’s Interest. The Executive, or the Executive’s assignee, shall have the right to designate the Beneficiary of an amount of death proceeds as specified in Section 2.2.1 or 22.2.1. The Executive shall also have the right to elect and change settlement options with respect to the Executive’s Interest by providing written notice to the Bank and the Insurer.
Appears in 1 contract
Samples: Supplemental Life Insurance Agreement (River Valley Bancorp)
