Ownership of Policies. The Company shall be the sole and absolute owner of both of the Policies, and may exercise all ownership rights granted to the owner thereof by the terms of each of the Policies, except as may otherwise be provided herein.
Appears in 2 contracts
Samples: Split Dollar Agreement (Bloomin' Brands, Inc.), Split Dollar Agreement (Osi Restaurant Partners, LLC)
Ownership of Policies. The Company Owner shall be the sole and absolute owner of both of the Policies, and may exercise all ownership rights granted to the owner thereof by the terms of each of the Policies, except as may otherwise be provided herein.
Appears in 2 contracts
Samples: Termination of Split Dollar Agreement (Enzo Biochem Inc), Termination of Split Dollar Agreement (Enzo Biochem Inc)
Ownership of Policies. The Company Corporation shall be the sole and absolute owner of both of the Policies, and may exercise all ownership rights granted to the owner thereof by the terms of each of the Policies, except as may otherwise be provided herein.
Appears in 1 contract
Samples: Split Dollar Insurance Agreement (Eastern Virginia Bankshares Inc)