Common use of Future Premiums Clause in Contracts

Future Premiums. Company shall continue to pay the premiums on each of the policies and the premiums paid will be compensation to the Owner as agreed upon pursuant to an employment agreement between Owner and Company.

Appears in 3 contracts

Sources: Termination of Split Dollar Life Insurance Agreement (Autocam International LTD), Termination of Split Dollar Life Insurance Agreement (Autocam International LTD), Termination of Split Dollar Life Insurance Agreement (Autocam International LTD)