Funding Policy. The funding policy for this Split Dollar Plan shall be to maintain the subject policy in force by paying, when due, all premiums required.
Appears in 102 contracts
Samples: Endorsement Method Split Dollar Plan Agreement (Old Point Financial Corp), Endorsement Method Split Dollar Plan Agreement (Lyons Bancorp Inc), Life Insurance Endorsement Method Split Dollar Plan Agreement (Origin Bancorp, Inc.)
Funding Policy. The funding policy for this Split Dollar Plan shall be to maintain the subject policy Policy in force by paying, when due, all premiums required.
Appears in 5 contracts
Samples: Endorsement Method Split Dollar Plan Agreement (First Litchfield Financial Corp), Endorsement Method Split Dollar Plan Agreement (First Litchfield Financial Corp), Endorsement Method Split Dollar Plan Agreement (First Litchfield Financial Corp)
Funding Policy. The funding policy for this Split Dollar Plan Agreement shall be to maintain the subject policy in force by paying, when due, all premiums required.
Appears in 2 contracts
Samples: Split Dollar Life Insurance Agreement (First Capital Bancorp, Inc.), Split Dollar Life Insurance Agreement (First Capital Bancorp, Inc.)
Funding Policy. The funding policy for the split-dollar plan as established by this Split Agreement (the “Split-Dollar Plan Plan”) shall be to maintain the subject policy Policies in force by payingpaying all premiums required, when due, all premiums required.
Appears in 2 contracts
Samples: Split Dollar Agreement (Park National Corp /Oh/), Split Dollar Agreement (Park National Corp /Oh/)
Funding Policy. The funding policy for this Split Dollar Plan shall be to maintain the subject policy in force by paying, when due, all premiums required.
Appears in 2 contracts
Samples: Executive Endorsement Split Dollar Agreement (First Capital Bancorp, Inc.), Executive Endorsement Split Dollar Agreement (First Capital Bancorp, Inc.)
Funding Policy. The funding policy for this Split Dollar Plan shall be to maintain the subject policy in force by paying, when due, all premiums required; provided, however, that the Bank may, in its sole and absolute discretion, cancel the policy or policies referred to herein, subject to the Insured's right to purchase the policy for an amount equal to the greater of the aggregate amount of premiums paid or the cash surrender value determined in accordance with Paragraph VII hereof.
Appears in 2 contracts
Samples: Indexed Executive Salary Continuation Plan Agreement (Rockport National Bancorp Inc), Indexed Executive Salary Continuation Plan Agreement (Rockport National Bancorp Inc)
Funding Policy. The funding policy for this Split Dollar Plan shall Shall be to maintain the subject policy in force by paying, when due, all premiums required.
Appears in 1 contract
Samples: Executive Supplemental Retirement Plan (CCF Holding Co)
Funding Policy. The funding policy for this Split Dollar Plan shall be be. to maintain the subject policy in 'in' force by paying, when due, all premiums required.
Appears in 1 contract
Samples: Executive Supplemental Retirement Plan Agreement (Citizens Bancshares Corp /Ga/)
Funding Policy. The funding policy for this Split Dollar DOIW Plan shall be to maintain the subject policy in force by paying, when due, all premiums required.
Appears in 1 contract
Samples: Endorsement Method Split Dollar Plan Agreement (Republic Security Financial Corp)
