Common use of Policy Proceeds Clause in Contracts

Policy Proceeds. Subject to Section 8, upon the death of Insured, the death proceeds of the Policy shall be divided in the following manner:

Appears in 17 contracts

Samples: Supplemental Split Dollar Agreement (Red River Bancshares Inc), Supplemental Split Dollar Agreement (Red River Bancshares Inc), Split Dollar Agreement (Red River Bancshares Inc)

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Policy Proceeds. Subject to the provisions of Section 8, upon the death of the Insured, the death proceeds of the Policy shall be divided in the following manner:

Appears in 7 contracts

Samples: Split Dollar Agreement (National Commerce Corp), Split Dollar Agreement (National Commerce Corp), Split Dollar Agreement (National Commerce Corp)

Policy Proceeds. Subject to Section 8, upon the death of Insured, the death proceeds of the Policy shall will be divided in the following manner:

Appears in 3 contracts

Samples: Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.), Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.), Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.)

Policy Proceeds. Subject to Section 8, upon the death of Insured, the death proceeds of the Policy Policies shall be divided in the following manner:

Appears in 2 contracts

Samples: Split Dollar Agreement (Park National Corp /Oh/), Split Dollar Agreement (Park National Corp /Oh/)

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Policy Proceeds. Subject to Section 89, upon the death of the Insured, the death proceeds of the Policy shall be divided in the following manner:

Appears in 1 contract

Samples: Split Dollar Agreement (Imax Corp)

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