Common use of Key Man Life Insurance Clause in Contracts

Key Man Life Insurance. During the term of this Agreement, the Company may at any time effect insurance on Employee's life and/or health in such amounts and in such form as the Company may in its sole discretion decide. Employee shall not have any interest in such insurance, but shall, if the Company requests, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, or so as to enable the Company to effect, such insurance.

Key Man Life Insurance. During the term of this Agreement, the Company may at any time effect insurance on Employee's life and/or health in such amounts and in such form as the Company may in its sole discretion decide. Employee shall not have any interest in such insurance, and shall not have the right to designate beneficiaries, but shall, if the Company requests, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, or so as to enable the Company to effect, such insurance.

Key Man Life Insurance. During the term of this Agreement, the Company may at any time effect insurance on Employee's ’s life and/or health in such amounts and in such form as the Company may in its sole discretion decide. Employee shall not have any interest in such insurance, and shall not have the right to designate beneficiaries, but shall, if the Company requests, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, or so as to enable the Company to effect, such insurance.

Key Man Life Insurance. During The Employer may, in its discretion, at any time after the term execution of this Agreement, the Company may at any time effect maintain for its own benefit, insurance on the life of the Employee's life and/or health , in such amounts and in such form or forms as the Company Employer may in its sole discretion decidechoose. The Employee shall not have no interest whatsoever in any interest in such insurancepolicy or policies, but shall, if at the Company requestsrequest of the Employer, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, by the insurance company or so as companies to enable whom the Company to effect, Employer has applied for such insurance.

Key Man Life Insurance. During the term of this AgreementThe Employer may, the Company may in its discretion, at any time effect after the execution of this agreement, maintain for its own benefit, insurance on the life of the Employee's life and/or health , in such amounts and in such form or forms as the Company Employer may in its sole discretion decidechoose. The Employee shall not have no interest whatsoever in any interest in such insurancepolicy or policies, but shall, if at the Company requestsrequest of the Employer, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, by the insurance company or so as companies to enable whom the Company to effect, Employer has applied for such insurance.

Key Man Life Insurance. During the term of this Agreement, the Company may at any time effect insurance on Employeethe Executive's life and/or health in such amounts and in such form as the Company may in its sole discretion decide. Employee The Executive shall not have any interest in such insurance, but shall, if the Company requests, submit to such medical examinations, supply such information and execute such documents as may be required in connection with, or so as to enable the Company to effect, such insurance.