Funding Policy. Subject to the Bank’s absolute right to surrender or terminate the Policy at any time and for any reason, the funding policy for the Agreement shall be to maintain the subject Policy in force by paying, when due, all premiums required.
Appears in 10 contracts
Samples: Split Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings)
Funding Policy. Subject to the BankEmployer’s absolute right to surrender or terminate the Policy at any time and for any reason, the funding policy for the this Agreement shall be to maintain the subject Policy in force by paying, when due, all premiums required.
Appears in 8 contracts
Samples: Endorsement Split Dollar Agreement (Charter Financial Corp/Ga), Endorsement Split Dollar Agreement (Charter Financial Corp/Ga), Endorsement Split Dollar Agreement (Charter Financial Corp/Ga)
Funding Policy. Subject to the Bank’s 's absolute right to surrender or terminate the Policy policy at any time and for any reason, the funding policy for the Agreement this Split Dollar Plan shall be to maintain the subject Policy policy in force by paying, when due, all premiums required.
Appears in 7 contracts
Samples: Dollar Plan Agreement (First Colebrook Bancorp, Inc.), First Colebrook Bancorp, Inc., First Colebrook Bancorp, Inc.
Funding Policy. Subject to the Bank’s absolute right to surrender or terminate the Policy Policy(ies) at any time and for any reason, the funding policy for the Agreement this Joint Beneficiary Plan shall be to maintain the subject Policy Policy(ies) in force by paying, when due, all premiums required.
Appears in 1 contract
Funding Policy. Subject to the Bank’s absolute right to surrender or terminate the Policy policy at any time and for any reason, the funding policy for the Agreement this Joint Beneficiary Plan shall be to maintain the subject Policy policy in force by paying, when due, all premiums required.
Appears in 1 contract