Common use of Policy Proceeds Clause in Contracts

Policy Proceeds. 7.1 Upon the death of the Employee, the Company and the Owner shall promptly take all action necessary to obtain the death benefit provided under the Policy.

Appears in 5 contracts

Samples: Dollar Insurance Agreement (Pma Capital Corp), Hancock Split Dollar Insurance Agreement (Pma Capital Corp), Dollar Insurance Agreement (Pma Capital Corp)

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Policy Proceeds. 7.1 Upon the death of the EmployeeEmployee (or his wife, if she survives him), the Company Corporation and the Owner shall promptly take all action necessary to obtain the death benefit provided under the each Policy.

Appears in 1 contract

Samples: Agreement (Comcast Corp)

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