Common use of Key Person Insurance Clause in Contracts

Key Person Insurance. If the Company wishes to purchase a life insurance policy on the Executive or other insurance policy relating to the loss of the Executive’s services, the Executive agrees to submit to a customary insurance medical examination, if necessary, and otherwise cooperate with the Company in any reasonable manner with respect to obtaining any such insurance policy.

Appears in 17 contracts

Samples: Employment Agreement (Egalet Corp), Employment Agreement (Egalet Corp), Employment Agreement (Zyla Life Sciences)

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Key Person Insurance. If the Company wishes to purchase a life insurance policy on the Executive or other insurance policy relating to the loss of the Executive’s 's services, the Executive agrees to submit to a customary insurance medical examination, if necessary, and otherwise cooperate with the Company in any reasonable manner with respect to obtaining any such insurance policy.

Appears in 1 contract

Samples: Employment Agreement (Assertio Holdings, Inc.)

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