Key Person Insurance. The Company and its affiliates shall have the right, but not the obligation, to obtain or increase insurance on Executive’s life in such amount as the Board or such affiliate determines, in the name of the Company or such affiliates, as the case may be, and for its sole benefit or otherwise. Upon reasonable advance notice, Executive will cooperate in any and all necessary physical examinations without expense to Executive, supply information and sign documents and otherwise cooperate fully with each of the Company and its affiliates as the Company and its affiliates may request.
Appears in 9 contracts
Samples: Employment Agreement (Verano Holdings Corp.), Employment Agreement (Verano Holdings Corp.), Employment Agreement (Verano Holdings Corp.)
Key Person Insurance. The Company and its affiliates shall have the right, but not right throughout the obligation, term of this Agreement to obtain or increase insurance on Executive’s life in such amount as the Board or such affiliate (as applicable) determines, in the name of the Company or such affiliates, as the case may be, and for its sole benefit or otherwise. Upon reasonable advance notice, Executive will cooperate in any and all necessary physical examinations without expense to Executive, supply information and sign documents and otherwise cooperate fully with each of the Company and its affiliates as the Company and its affiliates may request.
Appears in 4 contracts
Samples: Employment Agreement (Bright Mountain Media, Inc.), Employment Agreement (Purple Innovation, Inc.), Employment Agreement (Purple Innovation, Inc.)
