CENTURY BANK AND TRUST COMPANY SPLIT DOLLAR LIFE INSURANCE AGREEMENT Economic Benefit Regime – Endorsement MethodSplit Dollar Life Insurance Agreement • August 21st, 2020 • Century Bancorp Inc • State commercial banks • Massachusetts
THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into effective as of August 17, 2020 (the “Effective Date”), by and between Century Bank and Trust Company (the “Bank”), a bank organized and existing under the laws of the Commonwealth of Massachusetts, and Linda Sloane Kay (the “Insured”).
