Common use of Split Dollar Plan Clause in Contracts

Split Dollar Plan. Contemporaneously with the execution of this Agreement, the Compensation and Stock Option Committee of the Sysco Board of Directors appointed under the Split Dollar Plan will designate the Officer as a participant in the Split Dollar Plan and Sysco and Davix Xxxxx Xxxxxx xxx Mark Xxxxxxx Xxxdxx, xx-trustees (as the Officer's designee), of the Lindxx 0009 Family Trusts ("Trust"), created by that certain instrument dated September 30, 1999, shall execute the Split Dollar Life Insurance Agreement ("Split Dollar Agreement") attached hereto as Exhibit A and incorporated herein for all purposes.

Appears in 2 contracts

Samples: Compensation Adjustment Agreement (Sysco Corp), Compensation Adjustment Agreement (Sysco Corp)

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Split Dollar Plan. Contemporaneously with the execution of this Agreement, the Compensation and Stock Option Committee of the Sysco Board of Directors appointed under the Split Dollar Plan will designate the Officer as a participant in the Split Dollar Plan and Sysco and Davix Xxxxx Xxxxxx xxx Mark Harrx Xxxxxxx XxxdxxXxxxxx, xx-trustees xxustee (as the Officer's designee), of the Lindxx 0009 Cotros 1999 Family Trusts Trust ("Trust"), created by that certain instrument dated September 3013, 1999, shall execute the Split Dollar Life Insurance Agreement ("Split Dollar Agreement") attached hereto as Exhibit A and incorporated herein for all purposes.

Appears in 2 contracts

Samples: Compensation Adjustment Agreement (Sysco Corp), Dollar Life Insurance Agreement (Sysco Corp)

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