Common use of Split Dollar Policy Clause in Contracts

Split Dollar Policy. The Company shall keep in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date. The Company and the Executive shall retain their respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 5 contracts

Samples: Employment Agreement (Mony Group Inc), Employment Agreement (Mony Group Inc), Employment Agreement (Mony Group Inc)

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Split Dollar Policy. The Company shall keep keep-in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date. The Company and the Executive shall retain their respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 1 contract

Samples: Mony Group Inc

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