NEO. The term “NEO” shall mean each named executive officer set forth in Heritage Financial Corporation’s annual proxy statement for the applicable year. L. Net Amount-at-Risk. The term “Net Amount-at-Risk” (hereinafter “NAR”) shall be defined as the total proceeds of the Policy(ies) less the cash value of the Policy(ies).
Appears in 2 contracts
Sources: Endorsement Method Split Dollar Agreement (Heritage Financial Corp /Wa/), Endorsement Method Split Dollar Agreement (Heritage Financial Corp /Wa/)