Common use of Key Person Insurance Clause in Contracts

Key Person Insurance. Executive agrees to make himself available and to -------------------- undergo, at the Company's request and expense, any physical examination or other procedure necessary to allow the Company to obtain a key-person insurance policy on Executive. If the Company obtains such policy, it will maintain the policy at its expense and all proceeds will be the sole property of the Company.

Appears in 6 contracts

Samples: Executive Employment Agreement (United Road Services Inc), Executive Employment Agreement (United Road Service Inc), Executive Employment Agreement (United Road Service Inc)

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Key Person Insurance. Executive agrees to make himself available and to -------------------- undergo, at the Company's request and expense, any physical examination or other procedure necessary to allow the Company to obtain a key-person insurance policy on Executive. If the Company obtains such policy, it will maintain the policy at its expense and all proceeds will be the sole property of the Company.

Appears in 5 contracts

Samples: Executive Employment Agreement (United Road Services Inc), Executive Employment Agreement (United Road Services Inc), Executive Employment Agreement (United Road Services Inc)

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Key Person Insurance. Executive agrees to make himself available and -------------------- to -------------------- undergo, at the Company's request and expense, any physical examination or other procedure necessary to allow the Company to obtain a key-person insurance policy on Executive. If the Company obtains such policy, it will maintain the policy at its expense and all proceeds will be the sole property of the Company.

Appears in 2 contracts

Samples: Executive Employment Agreement (Hospitality Design & Supply Inc), Executive Employment Agreement (Hospitality Design & Supply Inc)

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