Common use of Ownership of Policy Clause in Contracts

Ownership of Policy. Employee shall be the sole and absolute ------------------- owner of the Policy including all supplemental riders and endorsements, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.

Appears in 2 contracts

Samples: Incorporated Split Dollar Agreement (Southern States Cooperative Inc), Incorporated Split Dollar Agreement (Southern States Cooperative Inc)

AutoNDA by SimpleDocs

Ownership of Policy. The Employee shall be the sole and absolute ------------------- owner of the Policy including all supplemental riders and endorsementsPolicy, and may exercise all ownership rights granted greeted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.

Appears in 1 contract

Samples: Split Dollar Agreement (Sunstone Hotel Investors, Inc.)

Ownership of Policy. Employee shall be the sole and absolute ------------------- owner of the Policy including all supplemental riders and endorsements, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.

Appears in 1 contract

Samples: Incorporated Split Dollar Agreement (Southern States Capital Trust I)

AutoNDA by SimpleDocs

Ownership of Policy. Employee The Owner shall be the sole and absolute ------------------- owner of the Policy including all supplemental riders and endorsements, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided hereinherein or in the Assignment.

Appears in 1 contract

Samples: Split Dollar Agreement (Ralston Purina Co)

Time is Money Join Law Insider Premium to draft better contracts faster.