Common use of Key Man Insurance Clause in Contracts

Key Man Insurance. At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the TermTerm of Employment, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the TermTerm of Employment, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the Termterm of this Agreement, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to shall cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, by supplying all information required by the insurance company, and by executing all necessary documents, provided that no financial obligation is imposed on upon Executive by any such documents.

Key Man Insurance. At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, ; provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the TermTerm of Employment, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to reasonably cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, supplying all information reasonably required by the insurance company, and executing all necessary documents, provided that no financial obligation or liability is imposed on Executive by any such documents.

Key Man Insurance. At any time during the Term, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents. Section 7.

Key Man Insurance. At any time during the TermExecutive’s employment, each member of the Company Group shall have the right to insure the life of Executive for the sole benefit of the CompanyCompany Group, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the CompanyCompany Group. Executive shall have no interest in any such policy, but agrees to cooperate with the Company Group in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the Term, the The Company shall have the right to insure the life of Executive for the sole benefit of the Company, Company or its subsidiaries in such amounts, and with such terms, as it the Board may determine. All , with all premiums payable thereon shall to be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring such insurance insurance, including by submitting to physical examinations, supplying all information required by the insurance company, examinations and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.

Key Man Insurance. At any time during the Term, the Company Employer shall have the right to insure the life of Executive for the sole benefit of the CompanyEmployer, in such amounts, amounts and with such terms, terms as it Employer may determine. All related premiums payable thereon shall be the obligation of the CompanyEmployer. Executive shall have no interest in any such policy, but . Executive agrees to reasonably cooperate with the Company Employer in procuring such insurance by submitting to physical examinations, supplying all information required by the applicable insurance company, and executing all necessary documents, provided that no financial obligation is imposed on upon Executive by in respect of any such documentsof the foregoing.

Key Man Insurance. At any time during the Term, the Company shall have the right to insure the life of the Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums and other amounts payable thereon shall be the obligation of the Company. The Executive shall have no interest in any such policy, but agrees to reasonably cooperate with the Company in procuring such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on the Executive by any such documents.

Key Man Insurance. At any time during During the Termterm of Executive's employment, the Company shall have the right to insure the life of the Executive for the Company's sole benefit of the Company, in such amountsbenefit, and with such terms, as it may determineto determine the amount of insurance and the type of policy. All premiums payable thereon shall be the obligation of the Company. The Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, by supplying all information required by the insurance company, and by executing all necessary documents, provided that . The Executive shall incur no financial obligation is imposed on Executive by executing any required document, and shall have no interest in any such documentspolicy.

Key Man Insurance. At any time during the TermTerm of Employment, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, policy but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documentsdocuments or examinations.

Key Man Insurance. At any time during the TermEmployment Period, the Company shall have the right to insure the life of the Executive for the Company's sole benefit of the Company, in such amountsbenefit, and with such terms, as it may determineto determine the amount of insurance and the type of policy. All premiums payable thereon shall be the obligation of the Company. The Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, by supplying all information required by the insurance company, and by executing all necessary documents, provided that . The Executive shall incur no financial obligation is imposed on Executive by executing any required document, and shall have no interest in any such documentspolicy.

Key Man Insurance. At any time during During the Termterm of Executive’s employment, the Company shall have the right to insure the life of the Executive for the Company’s sole benefit of the Company, in such amountsbenefit, and with such terms, as it may determineto determine the amount of insurance and the type of policy. All premiums payable thereon shall be the obligation of the Company. The Executive shall have no interest in any such policy, but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, by supplying all information required by the insurance company, and by executing all necessary documents, provided that . The Executive shall incur no financial obligation is imposed on Executive by executing any required document, and shall have no interest in any such documentspolicy.

Key Man Insurance. At any time during the Termterm of this Agreement, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, but agrees to shall cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, by supplying all information required by the insurance companyCompany, and by executing all necessary documents, provided that no financial obligation is imposed on upon Executive by any such documents.

Key Man Insurance. At any time during the TermTerm of Employment, the Company shall have the right to insure the life of Executive for the sole benefit of the Company, in such amounts, and with such terms, as it may determine. All premiums payable thereon shall be the obligation of the Company. Executive shall have no interest in any such policy, policy but agrees to cooperate with the Company in procuring taking out such insurance by submitting to physical examinations, supplying all information required by the insurance company, and executing all necessary documents, provided that no financial obligation is imposed on Executive by any such documents.