Split Dollar Maturity Date definition

Split Dollar Maturity Date means the date on which the first of any of the following events occurs:
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Split Dollar Maturity Date means the date on which the first of any of the following events occurs: (i) the fifteenth (15th) anniversary of the issuance of the Policy; (ii) the death of the Decedent; or (iii)
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Split Dollar Maturity Date means the date on which the first of any of the following events occurs: (i) The Executive's Termination of Employment; (ii) Termination of this Agreement in accordance with Section 9 below; (iii) The later of the Executive's Retirement or the fifteenth anniversary of the Executive's participation in the Plan (the "Fifteenth Anniversary"); or (iv) The Executive's death. The Disability of the Executive shall not cause the Split Dollar Maturity Date to occur and the Disabled Executive will continue participation in the Plan until Retirement or Termination of Employment.
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Examples of Split Dollar Maturity Date in a sentence

  • Prior to the occurrence of the Split Dollar Maturity Date, the Corporation shall pay to the Insurer, on or before each applicable premium due date, all applicable premiums for the Policy.

  • Prior to the occurrence of the Split Dollar Maturity Date, Owner shall pay to the Insurer, on or before each applicable premium due date, a premium payment equal to the Economic Income for such calendar year, as mutually determined by the Corporation and the Participant.

  • Prior to the occurrence of the Split Dollar Maturity Date, the Corporation shall pay to the Insurer, on or before each applicable premium due date, all applicable premiums for the Policy, less the amount payable by the Owner as described in subsection (b) below.

  • The Corporation's Collateral Interest in the Policy shall be paid as soon as is reasonably practicable after the Split Dollar Maturity Date.

  • On or before March 15 following each calendar year until the Split Dollar Maturity Date, the Corporation shall reimburse the Participant for the Participant's state, local and federal income tax liability attributable to (i) the Participant's Economic Income for such calendar year, if any; (ii) the payment by the Corporation to the Participant pursuant to subsection (c) above; and (iii) payments made pursuant to this subsection (d).

  • On or before March 15 following each calendar year ----------------- until the Split Dollar Maturity Date, the Corporation shall reimburse the Participant for the Participant's state, local and federal income tax liability attributable to (i) the Participant's Economic Income for such calendar year, if any; (ii) the payment by the Corporation to the Participant pursuant to subsection (c) above; and (iii) payments made pursuant to this subsection (d).


More Definitions of Split Dollar Maturity Date

Split Dollar Maturity Date means the date on which the
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