Release of Assignment. Upon payment to the Assignee of its policy interest, the Assignee shall execute a written release of this assignment.
Appears in 5 contracts
Samples: Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Deferred Compensation Waiver and Insurance Benefit Agreement (Snap on Inc), Split Dollar Insurance Agreement (Snap on Inc)
Release of Assignment. Upon payment to the Assignee of its policy interestPolicy Interest, the Assignee shall execute executive a written release of this assignmentAssignment.
Appears in 4 contracts
Samples: Split Dollar Agreement (Community Capital Corp /Sc/), Split Dollar Agreement (Community Capital Corp /Sc/), Split Dollar Agreement (Community Capital Corp /Sc/)
Release of Assignment. Upon payment by the Owner to the Assignee of its policy interestthe Policy Interest pursuant to the terms of the Split Dollar Plan, the Assignee shall execute a written release of this assignmentAssignment and deliver the Policy to the Owner.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Wachovia Corp New)