Common use of Key Man Insurance Clause in Contracts

Key Man Insurance. The Company may secure in its own name or ----------------- otherwise, and at its own expense, life, health, accident and other insurance covering Executive alone or with others, and Executive shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Executive agrees to assist the Company in procuring such insurance by submitting to the usual and customary medical and other examinations to be conducted by such physicians as the Company or such insurance company may designate and by signing such applications and other written instruments as may be required by the insurance companies to which application is made for such insurance. Executive's failure to submit to such usual and customary medical and other examinations shall be deemed a material breach of this Agreement.

Appears in 15 contracts

Samples: Employment Agreement (Four Media Co), Employment Agreement (Four Media Co), Employment Agreement (Four Media Co)

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Key Man Insurance. The Company may secure in its own name or ----------------- otherwise, and at its own expense, life, health, accident and other insurance covering Executive alone or with others, and Executive shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Executive agrees to assist the Company in procuring such insurance by submitting to the usual and customary medical and other examinations to be conducted by such physicians as the Company or such insurance company may designate and by signing such applications and other written instruments as may be required by the insurance companies to which application is made for such insurance. Executive's ’s failure to submit to such usual and customary medical and other examinations shall be deemed a material breach of this Agreement.

Appears in 13 contracts

Samples: Employment Agreement (Ascent Capital Group, Inc.), Employment Agreement (Ascent Capital Group, Inc.), Employment Agreement (Ascent Capital Group, Inc.)

Key Man Insurance. The Company may secure in its own name or ----------------- otherwise, and at its own expense, life, health, accident and other insurance covering Executive alone or with others, and Executive shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Executive agrees to assist the Company in procuring such insurance by submitting to the usual and customary medical and other examinations to be conducted by such physicians as the Company or such insurance company may designate and by signing such applications and other written instruments as may be required by the insurance companies to which application is made for such insurance. Executive's failure to submit to such usual and customary medical and other examinations shall be deemed a material breach of this Agreement.

Appears in 9 contracts

Samples: Employment Agreement (Monitronics International Inc), Employment Agreement (Monitronics International Inc), Employment Agreement (Liberty Livewire Corp)

Key Man Insurance. The Company may secure in its own name or ----------------- otherwise, and at its own expense, life, health, accident and other insurance covering Executive alone or with others, and Executive shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Executive agrees to assist the Company in procuring such insurance by submitting to the usual and customary medical and other examinations to be conducted by such physicians as the Company or such insurance company may designate and by signing such applications and other written instruments as may be required by the insurance companies to which application is made for such insurance. Executive's ’s failure to submit to such usual and customary medical and other examinations shall be deemed a material breach of this Agreement.

Appears in 2 contracts

Samples: Employment Agreement (Starz), Employment Agreement (Starz)

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Key Man Insurance. The Company may secure in its own name or ----------------- otherwise, and at its own expense, life, health, accident and other insurance covering Executive alone or with others, and Executive shall not have any right, title or interest in or to such insurance other than as expressly provided herein. Executive agrees to assist the Company in procuring such insurance by submitting to the usual and customary medical and other examinations to be conducted by such physicians as the Company or such insurance company may designate and by signing such applications and other written instruments as may be required by the insurance companies to which application is made for such insurance. Executive's failure to submit to such usual and customary medical and other examinations shall be deemed a material breach of this Agreement.. ARTICLE

Appears in 1 contract

Samples: Employment Agreement (Four Media Co)

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