Executive Life Insurance Policy definition

Executive Life Insurance Policy means that certain life insurance policy described on Schedule 2.01(c).
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Executive Life Insurance Policy means a whole life insurance policy provided to a Senior Officer by Tiffany prior to his or her Termination Date.
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Executive Life Insurance Policy has the meaning set forth in Section 7.2.
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Examples of Executive Life Insurance Policy in a sentence

  • During such time as Executive is employed by FirstMerit, FirstMerit shall pay to the Executive an amount equal to the premiums payable by the Executive on a permanent whole life insurance policy (the "Executive Life Insurance Policy"), which shall be owned by Executive and which shall provide Executive with One Million Dollars ($1,000,000) in life insurance ), plus forty percent (40%) of such premiums as a gross up amount to cover the income taxes with respect to such premium reimbursement.

  • The ELMIB has been designated the Performance Accountability and Customer Information Agency (PACIA) by the Governor of New Hampshire and as such performs the necessary performance analysis and reporting functions under WIOA under contract with the Office of Workforce Opportunity.

  • The Company agrees to maintain the Employee’s Executive Life Insurance Policy, Senior Executive Life Insurance Policy and Leadership Life Insurance Policy and continue to make premium payments in accordance with the terms of the applicable plans.

  • Without limiting the foregoing and except to the extent that the provisions of Section 11.2(E) are applicable, FirstMerit shall continue to pay to the Executive an amount equal to the premiums payable by the Executive with respect to the Executive Life Insurance Policy, plus forty percent (40%) of such premiums as a gross up amount, for a period ending the earlier of two (2) years after the Termination Date or the calendar month in which the Executive reaches the age of sixty-five (65).

  • In addition, you will be eligible to receive an Executive Life Insurance Policy, equal to two times your targeted base salary and annual incentive.

  • This affidavit does not create the status of dependent for health care coverage purposes." Correct the title.

  • Your coverage under the Executive Life Insurance Policy shall discontinue on April 1, 2001.

  • If the Senior Officer owns an Executive Life Insurance Policy, and the Termination Date occurs after July 31 of the Pending Year, Tiffany will pay any premium on such Executive Life Insurance Policy that Tiffany would have paid during the Pending Year if the Termination Date had not occurred.

  • Ms. Forté’s “All Other Compensation” for 2003 consists of $924 for group term life insurance premiums, $17,500 for Executive Financial Planning, $4,050 for the Company’s Medical Expense Reimbursement Plan, $19,049 Executive Life Insurance Policy, $5,151 Executive Long-Term Disability (“LTD”), $8,950 annual insurance premiums paid by the Company, $11,536 for unused vacation, and a $10,706 car allowance.

  • Ms. Gove’s “All Other Compensation” for 2003 consists of $365 for group term life insurance premiums, $4,050 for the Company’s Medical Expense Reimbursement Plan, $9,641 Executive Life Insurance Policy, $3,746 Executive LTD, $9,569 annual insurance premiums paid by the Company, $9,615 for unused vacation, and a $10,500 car allowance.

Related to Executive Life Insurance Policy

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Life insurance means contracts that incorporate mortality risk, including annuity and pure endowment contracts, and as may be specified in the valuation manual.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;

  • R&W Insurance Policy has the meaning set forth in Section 6.15.

  • life insurance business means the business of providing or undertaking to provide policy benefits under life policies;

  • Insurance Policy With respect to any Mortgage Loan included in the Trust Fund, any insurance policy, including all riders and endorsements thereto in effect, including any replacement policy or policies for any Insurance Policies.

  • Mortgage Impairment Insurance Policy A mortgage impairment or blanket hazard insurance policy as described in Section 4.11.

  • Insurance Company The Transferee is an insurance company whose primary and predominant business activity is the writing of insurance or the reinsuring of risks underwritten by insurance companies and which is subject to supervision by the insurance commissioner or a similar official or agency of a state, U.S. territory or the District of Columbia.

  • Certificate Insurance Policy The Financial Guaranty Insurance Policy No. CA01172A, and all endorsements thereto dated the Closing Date, issued by the Certificate Insurer for the benefit of the Class AF-3 Certificateholders.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Credit life insurance means insurance on the life of a debtor in connection with

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Reimbursement insurance policy means a policy of insurance

  • Title Insurance Policy A title insurance policy maintained with respect to a Mortgage Loan.

  • Blanket insurance policy means a group policy covering a defined class of

  • Primary Mortgage Insurance Policy Any primary mortgage guaranty insurance policy issued in connection with a Mortgage Loan which provides compensation to a Mortgage Note holder in the event of default by the obligor under such Mortgage Note or the related Security Instrument, if any or any replacement policy therefor through the related Interest Accrual Period for such Class relating to a Distribution Date.

  • Insurance Policies has the meaning set forth in Section 3.16.

  • Insurance Companies means the companies with whom the Insurance Policies are held.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Bond Insurance Policy means the municipal bond insurance policy, if any, issued by the Bond Insurer that guarantees payment of principal of and interest on the Bonds and constitutes a Bond Facility under the Indenture.

  • Special Primary Insurance Policy Any Primary Insurance Policy covering a Mortgage Loan the premium of which is payable by the Trustee pursuant to Section 4.04(a), if so identified in the Mortgage Loan Schedule. There are no Special Primary Insurance Policies with respect to any of the Mortgage Loans.

  • Company Insurance Policies has the meaning set forth in Section 4.15.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Sponsored captive insurance company means a captive insurance company:

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.