Keyman Life Insurance. Bancshares shall have the right to obtain and hold a “keyman” life insurance policy on the life of Executive with Bancshares as beneficiary of the policy. Executive agrees to provide any information required for the issuance of such policy and submit himself to any physical examination required for such policy.
Appears in 4 contracts
Samples: Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.), Employment Agreement (1st Century Bancshares, Inc.)
