Common use of THE OWNER Clause in Contracts

THE OWNER. The Owner shall have the right to assign any part or all of the Owner's retained interest in the Policy and this Plan to any person, entity or trust by execution of a written assignment delivered to the Insurer.

Appears in 5 contracts

Samples: Split Dollar Insurance Agreement (Telect Inc), Dollar Insurance Agreement (Telect Inc), Split Dollar Insurance Agreement (Telect Inc)

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THE OWNER. The Owner shall have the right to assign any part or all of the Owner's retained interest in the Policy and this Plan Agreement to any person, entity or trust by execution of a written assignment delivered to the Insurer.

Appears in 1 contract

Samples: Split Dollar Insurance Agreement (St Jude Medical Inc)

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