Ownership Rights and Duties under the Policy. (a) The Executive shall retain and may exercise all incidents and rights of ownership with respect to the Policy except as otherwise hereinafter provided. (b) The Corporation shall have the right to:
Appears in 5 contracts
Samples: Split Dollar Life Insurance Agreement (Miix Group Inc), Split Dollar Life Insurance Agreement (Miix Group Inc), Restricted Split Dollar Life Insurance Agreement (Miix Group Inc)
Ownership Rights and Duties under the Policy. (a) The Executive Trustee shall retain and may exercise all incidents and rights of ownership with respect to the Policy except as otherwise hereinafter provided.
(b) The Corporation shall have the right to:
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Harvard Industries Inc)