Termination of Split Dollar Life Insurance Agreement Sample Contracts

BACKGROUND
Termination of Split Dollar Life Insurance Agreement • September 23rd, 2004 • Autocam International LTD • Motor vehicle parts & accessories
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TERMINATION OF SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Termination of Split Dollar Life Insurance Agreement • April 12th, 2006 • Parker Drilling Co /De/ • Drilling oil & gas wells • Oklahoma

THIS AGREEMENT (the “Agreement”) dated this 12th day of April, 2006 (the “Effective Date”) by and among PARKER DRILLING COMPANY (the “Company”), ROBERT L. PARKER (the “Employee”) and ROBERT L. PARKER, SR. AND CATHERINE M. PARKER FAMILY TRUST UNDER INDENTURE DATED THE 23RD DAY OF JULY, 1993 (the “Trust”).

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