Common use of Split Dollar Insurance Clause in Contracts

Split Dollar Insurance. The existing split-dollar life insurance policy for the benefit of ▇▇. ▇▇▇▇▇▇'▇ designated beneficiary (ies) shall continue in effect in accordance with its terms, subject to any limitations that may be imposed by statute or regulatory action.

Split Dollar Insurance. The existing split-dollar life insurance policy for the benefit of ▇▇. ▇▇▇▇▇▇▇'▇ designated beneficiary (ies) shall continue in effect in accordance with its terms, subject to any limitations that may be imposed by statute or regulatory action.