REPLACEMENT OF THE POLICY. The Company shall have the right to replace the Policy with a new policy or policies, with the Executive's consent, which consent shall not unreasonably be withheld. In the event of such replacement, the Company shall have the right to receive the cash surrender value of any policy being canceled or surrendered.
Appears in 7 contracts
Samples: Split Dollar Insurance and Death Benefit Agreement (National Fuel Gas Co), Split Dollar Insurance and Death Benefit Agreement (National Fuel Gas Co), Split Dollar Insurance and Death Benefit Agreement (National Fuel Gas Co)