Ownership of Policy. The Company shall be the sole and absolute owner of the Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 10 contracts
Samples: Split Dollar Agreement (Bloomin' Brands, Inc.), Split Dollar Agreement (Bloomin' Brands, Inc.), Split Dollar Agreement (Osi Restaurant Partners, LLC)
Ownership of Policy. The Company Corporation shall be the sole and absolute owner of the Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 5 contracts
Samples: Split Dollar Agreement (Lithia Motors Inc), Split Dollar Agreement (Hawk Corp), Split Dollar Agreement (American Software Inc)
Ownership of Policy. (a). The Company Owner shall be the sole and absolute owner of the Policy, Policy and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 4 contracts
Samples: Split Dollar Agreement (MKS Instruments Inc), Split Dollar Agreement (MKS Instruments Inc), Split Dollar Agreement (MKS Instruments Inc)
Ownership of Policy. The Company Owner shall be the sole and absolute owner of the Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 3 contracts
Samples: Split Dollar Agreement (Agribrands International Inc), Split Dollar Agreement (Nova Corp \Ga\), Split Dollar Agreement (Enron Corp/Or/)
Ownership of Policy. a. The Company Corporation shall be the sole and absolute owner of the Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein; provided, however, that in no event shall the Corporation have any right to borrow against or make withdrawals from the Policy.
Appears in 2 contracts
Samples: Split Dollar Agreement (Mastec Inc), Dollar Agreement (Mastec Inc)
Ownership of Policy. The Company Owner shall be the sole and absolute owner Owner of the Policy, and may exercise all ownership rights granted to the owner Owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 1 contract
Ownership of Policy. The Except as otherwise provided in this Agreement, the Company shall be the sole and absolute exclusive owner of the Policy, and may exercise all ownership rights granted to the owner thereof by the terms of the Policy, except as may otherwise be provided herein.
Appears in 1 contract
