Imputed Income. The Bank shall impute the economic benefit to the Insured on an annual basis, by adding the economic benefit to the Insured’s W-2, or if applicable, Form 1099.
Appears in 10 contracts
Samples: Split Dollar Life Insurance Agreement (CB Financial Services, Inc.), Split Dollar Life Insurance Agreement (Access National Corp), Split Dollar Life Insurance Agreement (Prime Meridian Holding Co)
Imputed Income. The Bank shall impute the economic benefit to the Insured a Participant on an annual basis, basis by adding the economic benefit to the InsuredParticipant’s W-2, or if applicable, Form 1099.
Appears in 1 contract
Samples: Cortland Bancorp Inc