Common use of Key Person Life Insurance Clause in Contracts

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 on the life of E. Xxxxxxx Xxxxx and pay the annual premiums therefor naming the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 1,000,000 on the life of E. Xxxxxxx Xxxxx Xxxxxx Xxxxxxxxxxx, to be in effect as of the Effective Date, and pay the annual premiums therefor naming and name the Company as the sole beneficiary thereof for at least three years following the Effective Datethereof.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 5,000,000 on the life of E. Xxxxx Xxxxxxxxx and $2,000,000 on the life of Xxxxxxx Xxxxx Xxxxxx, to be in effect as of the Effective Date, and pay the annual premiums therefor naming and name the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 1,000,000 each on the life lives of E. Xxxxxxx Michxxx X. Xxxxx xxx Jeffxx Xxxxxx, xx be in effect as of the Effective Date, and pay the annual premiums therefor naming the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not no less than $1,200,000 1,000,000 on the life of E. Xxxxxxx Xxxxx Xxxxxx X. Xxxx and pay the annual premiums therefor naming the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain maintain, for a period ------------------------- of not less than one year from the Effective Date, key person life insurance in an amount not no less than $1,200,000 1,000,000 on the life of E. Xxxxxxx Xxxxx X. Xxxxxx and pay the annual premiums therefor naming and name the Company as the sole beneficiary thereof for at least three years following the Effective Datethereof.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 [3,000,000] on the life of E. Xxxxxxx Xxxxx Hxx Xxxxxxxx, to be in effect as of the Effective Date, and pay the annual premiums therefor naming and name the Company as the sole beneficiary thereof for at least three years following the Effective Datethereof.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not no less than $1,200,000 1 million on the life of E. Xxxxxxx Xxxxx Xxxxxx and pay the annual premiums therefor premium naming the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not no less than $1,200,000 2,000,000 each on the life of E. Xxxxxxx Xxxxx Xxxxxx X. Xxxxxxxxx and pay the annual premiums therefor naming the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 5,000,000 on the life of E. W. Xxxxxxx Xxxxx Xxxxxxxxxxx and up to $3,000,000 as agreed by the Underwriters and the Company for the lives of any two other executive officers, to be in effect within thirty days after the Effective Date, and pay the annual premiums therefor naming therefore and name the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not less than $1,200,000 3,000,000 on the life of E. Xxxxxxx Xxxxx Xxxx to be in effect as of the Effective Date, and pay the annual premiums therefor naming and name the Company as the sole beneficiary thereof for at least three years following the Effective Date.

Key Person Life Insurance. The Company has purchased and will ------------------------- maintain key person life insurance in an amount not no less than $1,200,000 1,000,000 on the life lives of E. each of Xxxxxx X. Xxxx and Xxxxxxx Xxxxx X. X'Xxxx and pay the annual premiums therefor naming the Company as the sole beneficiary thereof for at least three five years following the Effective Date.

Key Person Life Insurance. The Company will maintain key person life insurance in an amount not no less than Five Million ($1,200,000 5,000,00) Dollars on the life of E. Xxxxxxx Xxxxx Xxxx X. Xxxxxxxxxxxxxx and pay the annual premiums therefor therefore naming the Company as the sole beneficiary thereof thereof, for at least three years following the Effective Date.