Dollar Life Insurance Agreement Sample Contracts

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CENTURY BANK AND TRUST COMPANY SPLIT DOLLAR LIFE INSURANCE AGREEMENT (As amended and restated, effective as of February 17, 2021) Economic Benefit Regime – Endorsement Method
Dollar Life Insurance Agreement • February 18th, 2021 • Century Bancorp Inc • State commercial banks • Massachusetts

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT, AS AMENDED AND RESTATED, (the “Agreement”) is made and entered into effective as of February 17, 2021, by and between Century Bank and Trust Company (the “Bank”), a bank organized and existing under the laws of the Commonwealth of Massachusetts, and Barry R. Sloane (the “Insured”).

Prime Meridian Bank AMENDED SPLIT DOLLAR LIFE INSURANCE AGREEMENT Economic Benefit Regime – Endorsement Method
Dollar Life Insurance Agreement • August 6th, 2021 • Prime Meridian Holding Co • State commercial banks • Florida

THIS AMENDED SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into this 1st day of July, 2021, by and between Prime Meridian Bank (the “Bank”), and Monte Ward (the “Insured”).

THE SIMSBURY BANK & TRUST COMPANY, INC. SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • April 29th, 2014 • SBT Bancorp, Inc. • State commercial banks • Connecticut

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is adopted this 29th day of April, 2014, by and between THE SIMSBURY BANK & TRUST COMPANY, INC., a state-chartered commercial bank located in Simsbury, Connecticut (the “Bank”) and Richard J. Sudol (the “Employee”).

Contract
Dollar Life Insurance Agreement • May 5th, 2020 • California

EX-10.5 2 fluidigm-splitdollarlifein.htm EXHIBIT 10.5 Exhibit 10.5 ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT THIS ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into this 9th day of September, 2017, by and between Fluidigm Corporation (the “Company”), a Delaware corporation, and Stephen Christopher Linthwaite (the “Executive”). RECITALS: WHEREAS, the Executive is a valued executive of the Company and the Company wishes to retain him as such; and WHEREAS, the Company, as an inducement to such continued employment, wishes to assist the Executive with his personal life insurance program; and WHEREAS, the Company has determined that this assistance can best be provided under a "split-dollar life insurance arrangement” within the meaning of U.S. Treasury Regulation Sections 1.61-22(b)(1) and (2) (a “Split-Dollar Arrangement”); AGREEMENT: NOW, THEREFORE, in consideration of the mutual undertakings set forth in this Agreement, and for other goo

SPLIT-DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • April 20th, 2015 • People's Utah Bancorp • State commercial banks

In consideration of the mutual promises set forth herein, the Bank and the Insured intend to be legally bound and agree as follows:

EXHIBIT 10.35 SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • November 13th, 2000 • Wachovia Corp/ Nc • National commercial banks • North Carolina
ENDORSEMENT SPLIT DOLLAR AGREEMENTS AND AMENDMENTS THERETO WITH MESSRS. BLAIR, NAUGHTON, SARGEANT, FULLER, HOREY AND MEYER
Dollar Life Insurance Agreement • February 23rd, 2011 • Avalonbay Communities Inc • Real estate investment trusts

[Form of individual Endorsement Split Dollar Agreements between the Company and Bryce Blair (dated January 16, 2003 for $2,500,000), Timothy J. Naughton (dated January 28, 2003 for $1,500,000), Thomas J. Sargeant (dated January 21, 2003 for $1,500,000), Samuel B. Fuller (dated January 23, 2003 for $1,500,000), Leo S. Horey (dated February 19, 2003 for $750,000), and Gilbert M. Meyer (February 5, 2003 for $2,500,000).]

Exhibit 10 THE FIRST NATIONAL BANK OF BLUEFIELD EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • March 27th, 2000 • First Century Bankshares Inc • State commercial banks • West Virginia
FIRST AMENDMENT TO THE Investar Bank SPLIT-DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • May 23rd, 2019 • Investar Holding Corp • State commercial banks

THIS FIRST AMENDMENT, effective as of the May 22, 2019, by and between Investar Bank (the “Bank”), and ___________ (the “Executive”), shall effectively amend the Investar Bank Split-Dollar Life Insurance Agreement dated February 28, 2018 by and between the parties (the “Agreement”) as set forth herein. The Bank and the Executive hereby adopt the following amendments:

PRUDENTIAL SAVINGS BANK ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT Jeffrey Hanuscin
Dollar Life Insurance Agreement • August 14th, 2014 • Prudential Bancorp, Inc. • Savings institutions, not federally chartered

THIS ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made and entered into this19th day of May, 2014, by and between Prudential Savings Bank (“Bank”), a bank located in 1834 West Oregon Ave. Philadelphia, PA 19145 and Jeffrey T. Hanuscin (“Executive”).

Split Dollar Life Insurance Agreement with Ethel M. Small SPLIT DOLLAR LIFE INSURANCE AGREEMENT ENDORSEMENT METHOD
Dollar Life Insurance Agreement • May 16th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made this 17th day of September, 2003, between Mechanics and Farmers Bank, a bank organized and existing under the laws of the State of North Carolina (the “Bank”), and Ethel M. Small, an executive employee of the Bank or one of its subsidiary corporations (the “Executive”).

TO THE SAVINGS INSTITUTE BANK AND TRUST COMPANY SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • March 19th, 2019 • SI Financial Group, Inc. • Savings institution, federally chartered

This Amendment to the Savings Institute Bank and Trust Company Split Dollar Life Insurance Agreement with the individuals noted on Exhibit A hereto (the “Employee”) is executed on the 18th day of December, 2007, by the Savings Institute Bank and Trust Company (the “Bank”) and the Employee.

AMENDMENT TO THE Investar Bank SPLIT-DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • March 8th, 2023 • Investar Holding Corp • State commercial banks

THIS AMENDMENT, effective as of the October 19, 2022 by and between Investar Bank (the " Bank"), and Christopher L. Hufft (the "Executive" ), shall effectively amend the Investar Bank Split-Dollar Life Insurance Agreement (the "Agreement ") as set forth herein. The Bank and the Executive hereby adopt the following amendments:

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • December 20th, 2007 • Venture Financial Group Inc • State commercial banks • Washington

THIS AGREEMENT is adopted this ________ day of _______, 200__, by and between Venture Financial Group, Inc. and Venture Bank (hereinafter the “Employer”), and ___________________ (the "Executive").

THE LYONS NATIONAL BANK ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT Effective July 6, 2009
Dollar Life Insurance Agreement • March 15th, 2016 • Lyons Bancorp Inc • National commercial banks

THIS ENDORSEMENT SPLIT-DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made and entered into this 6 day of July, 2009, by and between THE LYONS NATIONAL BANK (“Bank”), a bank located in Lyons, New York, and DIANA R. JOHNSON (“Executive”).

PRUDENTIAL SAVINGS BANK ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT Joseph Corrato
Dollar Life Insurance Agreement • August 31st, 2012 • Prudential Bancorp Inc of Pennsylvania • Savings institutions, not federally chartered

THIS ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made and entered into this 28th day of August, 2012, by and between Prudential Savings Bank (“Bank”), a bank located in 1834 West Oregon Ave. Philadelphia, PA 19145 and Joseph Corrato (“Executive”).

FORM OF EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Dollar Life Insurance Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island

THIS AGREEMENT, made and entered into this ___ day of ____________ 200_, by and among Newport Federal Savings Bank (hereinafter referred to as the “Bank”), a Bank organized and existing under the laws of Rhode Island, and ___________________ (hereinafter referred to as the “Executive”).

AMENDMENT TO THE ELIP SPLIT DOLLAR LIFE INSURANCE AGREEMENT (ENDORSEMENT METHOD
Dollar Life Insurance Agreement • May 10th, 2007 • Freeport McMoran Copper & Gold Inc • Metal mining

AMENDMENT (the “Amendment”) to Executive Life Insurance Plan Split Dollar Life Insurance Agreement (Endorsement Method) (the “Agreement”), dated as of July 14, 2003 by and between Phelps Dodge Corporation, a New York corporation (the “Corporation”), and certain individuals as designated by the Corporation, in its sole discretion, for participation in the Executive Life Insurance Plan (the “Participants”), dated as of March 5, 2007. Terms used without definition herein shall have the respective meanings set forth in the Agreement.

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