Common use of Policy Ownership Clause in Contracts

Policy Ownership. Employer 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 limited by this Agreement.

Appears in 8 contracts

Samples: Endorsement Split Dollar Agreement (Charter Financial Corp/Ga), Endorsement Split Dollar Agreement (Charter Financial Corp/Ga), Endorsement Split Dollar Agreement (Charter Financial Corp/Ga)

AutoNDA by SimpleDocs

Policy Ownership. The Employer shall be the sole and absolute owner of the Policy, and the Employer may exercise all the rights of ownership rights granted with respect to the owner thereof by the terms of the Policy, Policy except as may otherwise be limited by this Agreementhereinafter provided.

Appears in 1 contract

Samples: Endorsement Split Dollar Life Insurance Agreement (Vans Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.