Common use of Ownership of Policies Clause in Contracts

Ownership of Policies. a. The Owner shall be the sole and absolute owner of the Policies, and may exercise all ownership rights granted to the owner thereof by the terms of the Policies, including but not limited to the right to change the investment options of the Policies, except as may otherwise be provided herein.

Appears in 2 contracts

Samples: Equifax Inc, Talx Corp

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Ownership of Policies. a. The Owner shall be the sole and absolute owner of the Policies, Policies and may exercise all ownership rights granted to the owner thereof by the terms of the Policies, including but not limited subject in the case of each Policy to the right Collateral Assignment relating to change that Policy and to the investment options rights of the Policies, except as may otherwise be provided hereinCorporation under this Agreement.

Appears in 2 contracts

Samples: Agreement (TJX Companies Inc /De/), Agreement (TJX Companies Inc /De/)

Ownership of Policies. a. A. The Owner Employee shall be the sole and absolute owner of the Policies, and may exercise all ownership rights granted to the owner thereof by the terms of the Policies, including but not limited to the right to change the investment options of the Policies, except as may otherwise be provided herein.

Appears in 1 contract

Samples: Dollar Agreement (Ekco Group Inc /De/)

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Ownership of Policies. a. The Owner shall be the sole and absolute owner of the Policieseach Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policies, including but not limited to the right to change the investment options of the Policieseach Policy, except as may otherwise be provided hereinin this Agreement.

Appears in 1 contract

Samples: Split Dollar Agreement (Martha Stewart Living Omnimedia Inc)

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