1 EXHIBIT 10.5 COLLATERAL ASSIGNMENT SPLIT DOLLAR AGREEMENT Insurer: Westfield Life Insurance Company Policy #: 80202433 Issue Date: October 18, 1995 Planned Annual Premium: $6,700 Owner: Thomas G. Caldwell Insured: Thomas G. Caldwell Lender: The...Collateral Assignment Split Dollar Agreement • June 14th, 2001 • Middlefield Banc Corp • State commercial banks
EXHIBIT 10.42Collateral Assignment Split Dollar Agreement • March 30th, 2000 • Encad Inc • Computer peripheral equipment, nec • California
ContractCollateral Assignment Split Dollar Agreement • March 26th, 2002 • Linens N Things Inc • Retail-home furniture, furnishings & equipment stores • New Jersey
Executive Life Program Collateral Assignment Split Dollar Agreement This Split Dollar Agreement is entered into as of 12/01/2001, by and between Steven Silverstein, (the “Employee”) (hereinafter, the Employee or this trust shall be referred to as the “Owner” when referred to in that capacity) and Linens ’n Things, Inc., a Delaware corporation (the “Employer”). Recitals Whereas, Employee is eligible for and wishes to participate in the Employer's Executive Life Program (the “Program”); and Whereas, Owner will be the sole owner and possessor of the Policy and assign an interest in the Policy’s death benefit and cash value to the Employer as collateral to secure repayment of Employer’s premium payments with respect to the Policy; and Whereas, it is the intent of the Employer and Owner to define the limited extent of the Employer’s security interest in the Policy; Now, therefore, Employer and Owner mutually agree that: (1) Interests in the Policy Cash Values The Policy, which is the subje
Collateral Assignment Split Dollar AgreementsCollateral Assignment Split Dollar Agreement • May 2nd, 2024
A Credit Union may choose to offer a split dollar agreement to an executive as an employment benefit. In a collateral assignment split dollar arrangement, the key components and agreements are:
Exhibit 10.8 Form of Collateral Assignment Split Dollar Agreement COLLATERAL ASSIGNMENT SPLIT DOLLAR AGREEMENT This Agreement entered into as of _______________, by and between __________(the "Employee") and The Berlin City Bank (the "Bank"). Whereas,...Collateral Assignment Split Dollar Agreement • March 29th, 2001 • Northway Financial Inc • National commercial banks • New Hampshire
