Common use of INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS Clause in Contracts

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 117 contracts

Samples: Insurance Split Dollar (Central Valley Community Bancorp), Agreement (Old Point Financial Corp), Split Dollar Plan Agreement (Lyons Bancorp Inc)

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INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the prior written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 20 contracts

Samples: Director Supplemental Compensation Agreement (Greater Bay Bancorp), Method Split Dollar Plan (Heritage Commerce Corp), Heritage Commerce Corp

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy(ies) nor any rights, options, privileges or duties created under this Agreement.

Appears in 16 contracts

Samples: Split Dollar Agreement (Columbia Banking System, Inc.), Joint Beneficiary Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Columbia Banking System, Inc.)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 10 contracts

Samples: Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings), Split Dollar Agreement (Bank Holdings)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank or the Trustee at the direction of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 8 contracts

Samples: Endorsement Method Split Dollar Plan (Lyons Bancorp Inc), Endorsement Method Split Dollar Plan (Lyons Bancorp Inc), Lyons Bancorp Inc

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the BankInstitution, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 7 contracts

Samples: Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Continuation Plan Agreement (Osage Federal Financial Inc)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the prior written consent of the Bank, which shall not be unreasonably withheld, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 6 contracts

Samples: Dollar Plan (SJNB Financial Corp), SJNB Financial Corp, Saratoga Bancorp

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor Policy, or any rights, options, privileges or duties created under this Agreement.

Appears in 5 contracts

Samples: Method Split Dollar Plan (First Litchfield Financial Corp), Endorsement Method Split Dollar Plan (First Litchfield Financial Corp), Method Split Dollar Plan (First Litchfield Financial Corp)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the BankEmployer, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 5 contracts

Samples: Agreement (Greater Bay Bancorp), Agreement (Greater Bay Bancorp), Agreement (Greater Bay Bancorp)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 4 contracts

Samples: Endorsement Method Split Dollar Plan Agreement (First Colebrook Bancorp, Inc.), Endorsement Method Split Dollar Plan Agreement (First Colebrook Bancorp, Inc.), Endorsement Method Split Dollar Plan Agreement (First Colebrook Bancorp, Inc.)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy(ies) nor any rights, options, privileges or duties created under this Agreement.

Appears in 3 contracts

Samples: Split Dollar Agreement (Five Star Bancorp), Split Dollar Agreement (California BanCorp), Dollar Agreement (Heritage Financial Corp /Wa/)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust trust, or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 3 contracts

Samples: Continuation Plan Agreement (Rockport National Bancorp Inc), Director Indexed (Quitman Bancorp Inc), Continuation Plan Agreement (Rockport National Bancorp Inc)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy policy(ies) nor any rights, options, privileges or duties created under this Agreement.

Appears in 2 contracts

Samples: Retirement Split Dollar Agreement (First Community Financial Partners, Inc.), Southern First Bancshares Inc

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policies nor any rights, options, privileges or duties created under this Agreement.

Appears in 2 contracts

Samples: Split Dollar Agreement (Central Valley Community Bancorp), Split Dollar Agreement (Central Valley Community Bancorp)

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INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 2 contracts

Samples: Split Dollar Agreement (Central Valley Community Bancorp), Split Dollar Agreement (Central Valley Community Bancorp)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the BankCorporation, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor or any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Dollar Plan Agreement (Pinnacle Financial Corp)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the m file subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Joint Beneficiary Designation Agreement (Meridian Interstate Bancorp Inc)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, any options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Dollar Plan Agreement (Fauquier Bankshares Inc)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, Bank assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Memorandum of Agreement (Tara Bankshares Corp)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Except as otherwise provided in Paragraph III above, the Insured may not, without the prior written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy Policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Southwest Community Bancorp

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured #1 or Insured #2 may not, without the written consent of the Bank or the Trustee at the direction of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Split Dollar Plan Agreement (Central Bancorp Inc /Ma/)

INSURED'S OR ASSIGNEE'S ASSIGNMENT RIGHTS. The Insured may not, without the written consent of the Bank, assign to any individual, individual trust or other organization, any right, title or interest in the subject policy nor any rights, options, privileges or duties created under this Agreement.

Appears in 1 contract

Samples: Republic Security Financial Corp

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