Life Insurance Policy. Employers agree to reimburse Executive for the costs of term life insurance policies in an amount equal to three times Executive’s total annual compensation and such other terms and conditions as may be accepted by Executive, the beneficiary of which shall be designated by Executive.
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Samples: Employment Agreement (Republic First Bancorp Inc), Employment Agreement (Republic First Bancorp Inc)
Life Insurance Policy. Employers Employer agree to reimburse Executive for the costs of term life insurance policies in an amount equal to three times Executive’s total annual compensation and such other terms and conditions as may be accepted by Executive, the beneficiary of which shall be designated by Executive.
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Life Insurance Policy. The Employers agree to reimburse the Executive for the costs of term life insurance policies in an amount providing a death benefit equal to three times Executive’s total annual compensation four million dollars ($4,000,000) and such other terms and conditions as may be accepted by the Executive, the beneficiary of which shall be designated by the Executive.
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