Ownership of Policy. (a) The 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 4 contracts
Samples: Split Dollar Agreement (International Speedway Corp), Split Dollar Agreement (International Speedway Corp), Split Dollar Agreement (International Speedway Corp)
Ownership of Policy. (a) a. The Owner shall be the sole and absolute owner of the Policy 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
Samples: Split Dollar Agreement (Saturn Electronics & Engineering Inc)
Ownership of Policy. (a) The Owner Company 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 1 contract
Samples: Split Dollar Insurance Agreement (Huttig Building Products Inc)
