Medical Examination. The Executive agrees to submit himself for physical examination on one occasion per year as requested by the Company for the purpose of the Company's obtaining life insurance on the life of the Executive for the benefit of the Company as may be required; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 7 contracts
Samples: Executive Employment Agreement (American Aircarriers Support Inc), Employment Agreement (American Aircarriers Support Inc), Executive Employment Agreement (American Aircarriers Support Inc)
Medical Examination. The Executive agrees to submit himself for physical examination on one occasion per year as requested by the Company for the purpose of the Company's obtaining life insurance on the life of the Executive for the benefit of the Company as may be requiredCompany; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 5 contracts
Samples: Executive Employment Agreement (Medix Resources Inc), Executive Employment Agreement (Medix Resources Inc), Employment Agreement (International Nursing Services Inc)
Medical Examination. The Executive agrees to submit himself for physical examination on one occasion per year as requested by the Company for the purpose of the Company's obtaining life insurance on the life of the Executive for the benefit of the Company as may be requiredCompany; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 4 contracts
Samples: Executive Employment Agreement (Wheels Sports Group Inc), Executive Employment Agreement (Wheels Sports Group Inc), Executive Employment Agreement (Wheels Sports Group Inc)
Medical Examination. The If so requested, the Executive agrees to submit himself for physical examination on one occasion per year as requested by the Company for the purpose of the Company's ’s (should it elect to do so at its sole discretion) obtaining life insurance on the life of the Executive for the benefit of the Company as may be required; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 1 contract
Samples: Executive Employment Agreement (Digital Recorders Inc)
Medical Examination. The Executive agrees to submit himself herself for physical examination on one occasion per year as requested by the Company for the purpose of the Company's obtaining life insurance on the life of the Executive for the benefit of the Company as may be required; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 1 contract
Samples: Executive Employment Agreement (American Aircarriers Support Inc)
Medical Examination. The Executive agrees to submit himself for a physical examination on one occasion per year Year as requested by the Company for the purpose of the Company's obtaining life insurance on the life of the Executive for the benefit of the Company as may be requiredCompany; provided, however, that the Company shall bear the entire cost of such examinations and shall pay all premiums on any key man life insurance obtained for the benefit of the Company as beneficiary or with respect to any other designated beneficiary.
Appears in 1 contract
Samples: Employment Agreement (Qep Co Inc)