PREMIUM PAYMENT METHOD. Subject to the Bank’s absolute right to surrender or terminate the Policy(ies) at any time and for any reason, the Bank shall pay the premium required for each Policy as it becomes due.
Appears in 14 contracts
Samples: Split Dollar Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Columbia Banking System, Inc.), Split Dollar Agreement (Five Star Bancorp)
PREMIUM PAYMENT METHOD. Subject to the Bank’s absolute right to surrender or terminate the Policy(ies) policy at any time and for any reason, the Bank shall pay an amount equal to the planned premiums and any other premium required for each Policy as it becomes duepayments that might become necessary to keep the policy in force.
Appears in 13 contracts
Samples: Split Dollar Life Insurance Agreement, Life Insurance Endorsement Method Split Dollar Plan Agreement (Origin Bancorp, Inc.), Joint Beneficiary Designation Agreement (CB Financial Services, Inc.)
PREMIUM PAYMENT METHOD. Subject to the Bank’s 's absolute right to surrender or terminate the Policy(ies) at any time and for any reason, the Bank shall pay the entire premium required specified for each Policy as it becomes duein one (1) lump sum.
Appears in 2 contracts
Samples: Joint Beneficiary Agreement (Columbia Banking System, Inc.), Joint Beneficiary Agreement (Columbia Banking System, Inc.)
PREMIUM PAYMENT METHOD. Subject to the Bank’s 's absolute right to surrender or terminate the Policy(ies) at any time and for any reason, the Bank shall pay the premium required for each Policy as it becomes due.
Appears in 1 contract
Samples: Split Dollar Agreement (Columbia Banking System, Inc.)
PREMIUM PAYMENT METHOD. Subject to the Bank’s absolute right to surrender or terminate the Policy(iespolicy(ies) at any time and for any reason, the Bank shall pay an amount equal to the planned premiums and any other premium required for each Policy as it becomes duepayments that might become necessary to keep the policy(ies) in force.
Appears in 1 contract
Samples: Joint Beneficiary Designation Agreement (Southern First Bancshares Inc)
