Common use of Suicide or Misstatement Clause in Contracts

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two (2) years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company, or any other reason, provided however that the Company shall evaluate the reason for the denial, and upon advice of Counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay distribute any death benefit under this Agreement exceeding in excess of the Deferral Account Deferrals if the Executive commits suicide within two (2) years after the date of this AgreementEffective Date, or if an insurance company which issued a life insurance policy covering the Executive has made any and owned by the Company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any an application for such life insurance purchased by the Companyinsurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyCompany thereby precluding coverage under any policies of insurance contemplated hereunder.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay distribute any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two (2) years after the date of this AgreementEffective Date, or if an insurance company which issued a life insurance policy covering the Executive has made any and owned by the Company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any an application for such life insurance purchased by the Companyinsurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision other provisions of this Agreement to the contrary, the Company shall not pay any death benefit under this Agreement exceeding the Deferral Account (a) if the Executive commits suicide within two years after the date of this Agreement, Effective Date; or (b) if the Executive has made any material misstatement of fact on any application for life insurance purchased owned by the CompanyCompany on the Executive’s life.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this the Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date Effective Date of this Agreement, or if an insurance company which issued a life insurance policy covering the Executive has made any and owned by the Company or its Subsidiary denies coverage (i) for material misstatement misstatements of fact made by the Executive on any an application for such life insurance purchased by the Companyinsurance, or (ii) for any other reason.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive Director commits suicide within two years after the date of this Agreement, or if the Executive Director has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyCompany for the purpose of providing funds to meet its obligations hereunder.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two (2) years after the date Effective Date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two (2) years after the date of this AgreementEffective Date, or if benefits under the life insurance policy purchased by the Company is not paid due to an action or conduct of the Executive has made including, but not limited to, making any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. Notwithstanding any provision of this Agreement to the contrary, the The Company shall not pay any death benefit under this Agreement exceeding the Deferral Account if the Executive commits suicide within two years after the date of this Agreement, or if the 6 Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.