Term and Universal Life. If the life insurance contracts are term life insurance contracts, universal life insurance contracts and any other life insurance contracts (other than whole life), then such premiums shall not exceed one fourth of the aggregate Employer Contributions plus Forfeitures credited to the Participant's Employer Account and Matching Account.
Appears in 3 contracts
Samples: Oshkosh B Gosh Inc, Oshkosh B Gosh Inc, Oshkosh B Gosh Inc
Term and Universal Life. If the life insurance contracts are term life insurance contracts, universal life insurance contracts and any other life insurance contracts (other than whole life), then such premiums shall not exceed one one-fourth of the aggregate Employer Contributions plus Forfeitures credited to the Participant's Employer Account and Matching Account.
Appears in 1 contract
Samples: Community First Banking Co