Common use of Trust as a Secondary (Contingent) Designation Clause in Contracts

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): All sums payable under the Second Amended and Restated Split Dollar Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing. Date: Insured: Xxxx X. Xxxxxxx

Appears in 2 contracts

Samples: Split Dollar Agreement (Bank Holdings), Nevada Security Bank (Bank Holdings)

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Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): All sums payable under the Second Amended and Restated Split Dollar Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing. Date: Insured: Xxxx Xxxxxx X. XxxxxxxXxxxxxxx

Appears in 1 contract

Samples: Split Dollar Agreement (Bank Holdings)

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): All sums payable under the Second First Amended and Restated Split Dollar Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing. Insured: Date: Insured: Xxxx X. XxxxxxxJanuary 24, 2006

Appears in 1 contract

Samples: Split Dollar Agreement (Bank Holdings)

Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): All sums payable under the Second Amended and Restated Split Dollar Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing. Date: Insured: Xxxx Xxxxx X. XxxxxxxXxxx

Appears in 1 contract

Samples: Nevada Security Bank (Bank Holdings)

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Trust as a Secondary (Contingent) Designation. Name of the Trust: Execution Date of the Trust: / / Name of the Trustee: Beneficiary(ies) of the Trust (please indicate the percentage for each beneficiary): All sums payable under the Second Amended and Restated Split Dollar Agreement by reason of my death shall be paid to the Primary Beneficiary(ies), if he or she survives me, and if no Primary Beneficiary(ies) shall survive me, then to the Secondary (Contingent) Beneficiary(ies). This beneficiary designation is valid until the participant notifies the bank in writing. Date: Insured: Xxxx Xxxxxx X. XxxxxxxXxxxx

Appears in 1 contract

Samples: Split Dollar Agreement (Bank Holdings)

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