Common use of Insurer Not a Party Clause in Contracts

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company and filed with the Insurer in connection herewith.

Appears in 10 contracts

Samples: Split Dollar Agreement (Reliv International Inc), Split Dollar Agreement (Reliv International Inc), Split Dollar Agreement (Reliv International Inc)

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Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company and filed with the Insurer in connection herewith.

Appears in 7 contracts

Samples: Split Dollar Agreement (Bloomin' Brands, Inc.), Split Dollar Agreement (Bloomin' Brands, Inc.), Split Dollar Agreement (Bloomin' Brands, Inc.)

Insurer Not a Party. 12.1 The Insurer Insurers shall be fully discharged from its their obligations under the Policy Policies by payment of the Policy death benefit benefits to the beneficiary or beneficiaries named in the PolicyPolicies, subject to the terms and conditions of the PolicyPolicies. In no event shall the an Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision , and none of this Agreement, nor of any modification or amendment hereof, the provisions herein shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the PolicyPolicies, except insofar as the provisions hereof are made a part of the Policy Policies by the beneficiary designation executed by the Company Bank and filed with the Insurer in connection herewith.

Appears in 7 contracts

Samples: Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company Corporation and filed with the Insurer in connection herewith.

Appears in 6 contracts

Samples: Split Dollar Agreement (Hawk Corp), Split Dollar Agreement (American Software Inc), Split Dollar Agreement (Mastec Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the any Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the any Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company Corporation and filed with the Insurer in connection herewith.

Appears in 6 contracts

Samples: Split Dollar Agreement (Mastec Inc), Split Dollar Agreement (Mastec Inc), Split Dollar Agreement (Mastec Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor or of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company and filed with the Insurer in connection herewithCollateral Assignment.

Appears in 5 contracts

Samples: Split Dollar Agreement (Conseco Inc), Split Dollar Agreement (Conseco Inc), Split Dollar Agreement (Conseco Inc)

Insurer Not a Party. 12.1 The Insurer shall be fully discharged from its obligations under the Policy by payment of the death benefit Policy Death Benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, and the provisions herein shall in any no way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the a Policy by the beneficiary designation form executed by the Company Bank and filed with the Insurer in connection herewith.

Appears in 4 contracts

Samples: Split Dollar Life Insurance Agreement (Century Bancorp Inc), Split Dollar Life Insurance Agreement (Century Bancorp Inc), Split Dollar Life Insurance Agreement (Century Bancorp Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company Corporation and filed with the Insurer in connection herewith.

Appears in 3 contracts

Samples: Split Dollar Agreement (Chase Corp), Split Dollar Agreement (Mastec Inc), Split Dollar Agreement (Mens Wearhouse Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the death benefit Death Benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Executive and filed with the Insurer in connection herewith.

Appears in 2 contracts

Samples: Split Dollar Agreement (Ameritech Corp /De/), Split Dollar Agreement (Ameritech Corp /De/)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy’s death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision , and none of this Agreement, nor of any modification or amendment hereof, the provisions herein shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company Corporation and filed with the Insurer in connection herewith.

Appears in 2 contracts

Samples: Split Dollar Agreement (Lithia Motors Inc), Split Dollar Agreement (Interface Inc)

Insurer Not a Party. 12.1 The Insurer shall be fully discharged from its obligations under the Policy Policies by payment of the Policy death benefit to the beneficiary or beneficiaries named in the PolicyPolicies, subject to the terms and conditions of the PolicyPolicies. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, and the provisions herein shall in any no way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the a Policy by the beneficiary designation form executed by the Company Bank and filed with the Insurer in connection herewith.

Appears in 2 contracts

Samples: Split Dollar Life Insurance Agreement (CB Financial Services, Inc.), Split Dollar Life Insurance Agreement (Access National Corp)

Insurer Not a Party. The Insurer shall be fully discharged from its ------------------- obligations under the Policy by payment of the death benefit insurance benefits to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Employee and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Washington Real Estate Investment Trust)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer other than as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation Collateral Assignment executed by the Company Employee and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Hilb Rogal & Hamilton Co /Va/)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Employee and filed with the Insurer insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Emerson Electric Co)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Owner and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Nova Corp \Ga\)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Trust and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Benefits Agreement (Om Group Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, . shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer Insurer.r as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Partnership and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Employment Agreement

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Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy Policies by payment of the Policies death benefit to the beneficiary or beneficiaries named in the PolicyPolicies, subject to the terms and conditions of the PolicyPolicies. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the PolicyPolicies, except insofar as the provisions hereof are made a part of the Policy Policies by the beneficiary designation executed by the Company Corporation and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Insurance Agreement (Eastern Virginia Bankshares Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision provisions of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Semco Energy Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the death benefit Policy Death Benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Owner and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Agribrands International Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification subsequent modifications or amendment hereofamendments of this Agreement. No provision of this Agreement, nor of any modification or amendment hereofof this Agreement, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof of this Agreement are made a part of the Policy by the beneficiary designation Assignment executed by the Company Employee and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Southern States Capital Trust I)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation executed by the Company and filed with the Insurer in connection herewith.. 2391001

Appears in 1 contract

Samples: Split Dollar Agreement (Osi Restaurant Partners, LLC)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered he.considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Partnership and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Employment Agreement

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the each Employee Policy by payment of the such policy’s death benefit to the beneficiary or beneficiaries named in the Policypolicy, subject to the terms and conditions of the Policypolicy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision , and none of this Agreement, nor of any modification or amendment hereof, the provisions herein shall in any way be construed as enlarging, changing, varying or in any other way affecting the obligations of the Insurer as expressly provided in the any Employee Policy, except insofar as the provisions hereof are made a part of the any Employee Policy by the beneficiary designation executed by the Company Lithia and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (Lithia Motors Inc)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the the, Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation endorsement agreement executed by the Company Owner and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Supplemental Retirement Agreement (BSB Bancorp, Inc.)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy’s death benefit benefits to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Associate and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Split Dollar Agreement (TFS Financial CORP)

Insurer Not a Party. The Insurer shall be fully discharged from its obligations under the Policy by payment of the Policy death benefit to the beneficiary or beneficiaries named in the Policy, subject to the terms and conditions of the Policy. In no event shall the Insurer be considered a party to this Agreement, or any modification or amendment hereof. No provision of this Agreement, nor of any modification or amendment hereof, shall in any way be construed as enlarging, changing, varying varying, or in any other way affecting the obligations of the Insurer as expressly provided in the Policy, except insofar as the provisions hereof are made a part of the Policy by the beneficiary designation collateral assignment executed by the Company Partnership and filed with the Insurer in connection herewith.

Appears in 1 contract

Samples: Employment Agreement (Enron Corp)

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