Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policies nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary(ies) from time to time.
Appears in 8 contracts
Samples: Split Dollar Life Insurance Agreement (Prime Meridian Holding Co), Dollar Life Insurance Agreement (Prime Meridian Holding Co), Dollar Life Insurance Agreement (Prime Meridian Holding Co)
Rights of Insured or Assignees. 7.1 The Insured may not, without the ------------------------------- written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policies Policy nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary(ies) from time to time.
Appears in 2 contracts
Samples: Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.), Dollar Life Insurance Agreement (Georgetown Bancorp, Inc.)
Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policies Policies, nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary(ies) beneficiary from time to time.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (CB Financial Services, Inc.)
Rights of Insured or Assignees. 7.1 The Insured may not, without the written consent of the Bank, assign to any individual, trust or other organization, any right, title or interest in the subject Policies nor any rights, options, privileges or duties created under this Agreement, other than the right to name a beneficiary(ies) beneficiary from time to time.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Access National Corp)