Common use of Key Man Insurance Clause in Contracts

Key Man Insurance. Upon the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a key-man life insurance policy on the life of the Executive in which the Company is named as the beneficiary.

Appears in 7 contracts

Samples: Employment Agreement (CytoDyn Inc.), Employment Agreement (CytoDyn Inc.), Employment Agreement (Cytodyn Inc)

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Key Man Insurance. Upon the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a key-man life insurance policy on the life of the Executive in which the Company is named as the beneficiary.

Appears in 6 contracts

Samples: Employment Agreement (Diligent Corp), Employment Agreement (Diligent Board Member Services, Inc.), Employment Agreement (Diligent Board Member Services, Inc.)

Key Man Insurance. Upon Executive will cooperate with the Company’s request, Company in connection with any application by the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a Company to obtain key-man life insurance policy on the life of the Executive in his life, on which the Company is named as will be the beneficiary. Such cooperation shall include the execution of any applications or other documents requiring his signature and submission of insurance applications and submission to a physical examination.

Appears in 4 contracts

Samples: Executive Employment Agreement (SolarMax Technology, Inc.), Executive Employment Agreement (SolarMax Technology, Inc.), Executive Employment Agreement (SolarMax Technology, Inc.)

Key Man Insurance. Upon the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a key-man life and/or long-term disability insurance policy on the life of the with respect to Executive in which the Company (or any subsidiary or affiliate) is named as the beneficiary.

Appears in 3 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

Key Man Insurance. Upon the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a key-man life and/or long-term disability insurance policy on the life of the with respect to Executive in which the Company (or any subsidiary or affiliate) is named as the beneficiary.

Appears in 3 contracts

Samples: Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.), Employment Agreement (Airsculpt Technologies, Inc.)

Key Man Insurance. Upon Executive will cooperate with the Company’s request, Company in connection with any application by the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a Company to obtain key-man life insurance policy on the life of the Executive in her life, on which the Company is named as will be the beneficiary. Such cooperation shall include the execution of any applications or other documents requiring her signature and submission of insurance applications and submission to a physical examination.

Appears in 3 contracts

Samples: Executive Employment Agreement (SolarMax Technology, Inc.), Executive Employment Agreement (SolarMax Technology, Inc.), Executive Employment Agreement (SolarMax Technology, Inc.)

Key Man Insurance. Upon The Executive will cooperate with the Company’s request, Company in connection with any application by the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a Company to obtain key-man life insurance policy on the life of the Executive in his life, on which the Company is named as will be the beneficiary. Such cooperation shall include the execution of any applications or other documents requiring his signature and submission of insurance applications and submission to a physical examination.

Appears in 3 contracts

Samples: Executive Employment Agreement (Qualigen Therapeutics, Inc.), Executive Employment Agreement (Qualigen Therapeutics, Inc.), Executive Employment Agreement (Qualigen Therapeutics, Inc.)

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Key Man Insurance. Upon the Company’s request, the The Executive shall cooperate (includingwith ----------------- the Company, without limitationat its request, taking any required physical examinations) in all respects in obtaining a procuring "key-man life man" insurance policy on the life of the Executive Executive's life, including submission to any medical exams required in which the Company is named as the beneficiaryconnection therewith.

Appears in 2 contracts

Samples: Employment Agreement (Eagle Family Foods Inc), Employment Agreement (Eagle Family Foods Inc)

Key Man Insurance. Upon The Executive agrees to cooperate with the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining Company if it decides to procure a key-man life insurance policy on the life of the Executive in which Executive, including without limitation submitting to a physical examination. The Company shall determine the Company is named as terms and conditions and amounts of any such insurance policy, including the beneficiarydeterminations of owner and beneficiary of any such policy.

Appears in 1 contract

Samples: Employment Agreement (Bio Logic Systems Corp)

Key Man Insurance. Upon the Company’s request, the Executive shall reasonably cooperate (including, without limitation, taking any required physical examinations) in all respects in obtaining a key-man life insurance policy on the life of the Executive in which the Company is named as the beneficiary.

Appears in 1 contract

Samples: Employment Agreement (Diligent Board Member Services, Inc.)

Key Man Insurance. Upon If reasonably requested by the Company’s request, the Executive shall cooperate (including, without limitation, taking any required physical examinations) in all respects and take such actions as are reasonable and necessary to assist the Company in obtaining a key-key man life insurance policy on Executive for the life benefit of the Executive in which the Company is named as the beneficiaryCompany.

Appears in 1 contract

Samples: Employment Agreement (Famous Daves of America Inc)

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