EXECUTIVE SUPPLEMENTAL RETIREMENT AGREEMENTExecutive Supplemental Retirement Agreement • March 26th, 2003 • First Financial Bancorp /Oh/ • National commercial banks • Ohio
THIS AGREEMENT, made and entered into this day of , 200 by and between First Financial Bancorp, an Ohio Corporation (hereinafter called the “BHC”), and (hereinafter called the “Executive”).
ENDORSEMENT METHOD SPLIT DOLLAR AGREEMENTEndorsement Method Split Dollar Agreement • March 26th, 2003 • First Financial Bancorp /Oh/ • National commercial banks • Ohio
This Agreement between the Bank and the Executive sets forth the terms under which the Bank will purchase and own a life insurance policy (the “Policy”) insuring the life of the Executive, and the death proceeds of the Policy will be divided between the Bank and the beneficiary designated by the Executive. This Agreement is made in consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and adequacy of which hereby are acknowledged.
