Common use of Life/Disability Insurance Clause in Contracts

Life/Disability Insurance. Employer shall have the right at any time during the term hereof to obtain and maintain life insurance on Employee's life and disability insurance with respect to Employee, at Employer's sole expense, naming Employer as the sole beneficiary thereof. Employee shall (i) cooperate fully with Employer in obtaining such life and/or disability insurance, (ii) sign any necessary consents, applications, and other related forms or documents, and (iii) take any required medical examinations.

Appears in 4 contracts

Samples: Employment Agreement (California Bancshares Inc), Employment Agreement (California Bancshares Inc), Employment Agreement (California Bancshares Inc)

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