Common use of Key Man Insurance Clause in Contracts

Key Man Insurance. The Company shall have the right from time to time to purchase, increase, modify or terminate insurance policies on the life of Executive for the benefit of the Company in such amounts as the Company may determine in its sole discretion. In connection therewith, Executive shall, at such time or times and at such place or places as the Company may reasonably direct, submit himself to such physical examinations and execute and deliver such documents as the Company may deem necessary or appropriate.

Key Man Insurance. The Company shall have the right from time to time to purchasemay, increase, modify or terminate insurance policies on the life of Executive for the benefit of the Company in such amounts as the Company may determine in its sole discretion, at any time after the date hereof, apply for and procure as owner for its benefit, life insurance on Executive, in such amount and in such form or forms as the Corporation may determine. In connection therewith, Executive shall, at such time or times and at such place or places as the Company may reasonably directCompany's request, submit himself subject to such physical examinations medical examinations, supply such information and execute and deliver such documents as may be required by the insurance company or companies to whom the Company may deem necessary or appropriatehas applied for such insurance.

Key Man Insurance. The Company shall have the right from time to time to purchase, increase, modify or terminate insurance policies on the life of Executive for the benefit of the Company in such amounts as the Company may determine in its sole discretion. In connection therewith, Executive shall, at such time or times and at such place or places as the Company may reasonably direct, submit himself to such physical examinations and execute and deliver such documents as the Company may deem necessary or appropriate.

Key Man Insurance. The Company shall have the right from time to time to purchase, increase, modify or terminate insurance policies on the life of Executive for the benefit of the Company in such amounts as the Company may determine in its sole discretion. In connection therewith, Executive shall, at such time or times and at such place or places as the Company may reasonably direct, submit himself to such routine insurance physical examinations and execute and deliver such documents as the Company may deem necessary or appropriate.

Key Man Insurance. The Company shall have the right from time to time to purchase, increase, modify or terminate insurance policies on the life of Executive for the benefit of the Company in such amounts an10unts as the Company may determine in its sole discretion. In connection therewith, Executive shall, at such time or times and at such place or places as the Company may reasonably direct, submit himself to such physical examinations exan1inations and execute and deliver such documents as the Company may deem necessary or appropriate.