EXECUTIVE LIFE INSURANCE AGREEMENT FOR GEORGE G. GLEASON, II BANK OF THE OZARKS Little Rock, Arkansas Effective May 4, 2010Executive Life Insurance Agreement • May 7th, 2010 • Bank of the Ozarks Inc • State commercial banks • Arkansas
This Executive Life Insurance Agreement (the “Agreement) is effective as of the 4th day of May, 2010 by and between BANK OF THE OZARKS (the “Bank”), an Arkansas state chartered commercial bank, and George G. Gleason, II, (the “Executive”). BANK OF THE OZARKS, INC. (the “Company”), an Arkansas corporation, is a signatory to this Agreement for the purpose of acknowledging and consenting to the Agreement, the Bank’s performance hereunder, and the Company’s obligation to reimburse the Bank for the bonus payments made pursuant hereto.
SPLIT DOLLAR INSURANCE AGREEMENT (Endorsement Method)Split Dollar Insurance Agreement • May 7th, 2010 • Bank of the Ozarks Inc • State commercial banks
This Split Dollar Insurance Agreement (the “Agreement”) is effective as of the 4th day of May, 2010 by and among BANK OF THE OZARKS, an Arkansas state chartered commercial bank, (the “Employer”) and its Chairman of the Board and Chief Executive Officer, George G. Gleason, II (the “Insured”).
SPLIT DOLLAR INSURANCE AGREEMENT (Endorsement Method)Split Dollar Insurance Agreement • May 7th, 2010 • Bank of the Ozarks Inc • State commercial banks
This Split Dollar Insurance Agreement (the “Agreement”) is effective as of the 4th day of May, 2010 by and among BANK OF THE OZARKS, an Arkansas state chartered commercial bank, (the “Employer”) and BANK OF THE OZARKS AS TRUSTEE OF THE LINDA AND GEORGE GLEASON INSURANCE TRUST, dated January 25, 2010 (the “Trustee”).
