PREMIUM PAYMENT METHOD. The Corporation shall pay the entire premium on the Policy. The amount of the current life insurance protection on the life of Insured Participant for each taxable year (or portion thereof) shall be included in Insured Participant’s taxable income for such taxable year.
Appears in 5 contracts
Samples: Split Dollar Agreement (GameStop Corp.), Split Dollar Agreement (GameStop Corp.), Split Dollar Agreement (GameStop Corp.)