Common use of Split Dollar Life Insurance Clause in Contracts

Split Dollar Life Insurance. The Company shall keep in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date, if any and if doing so does not violate any applicable law or regulation; the Company and the Executive shall retain respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 7 contracts

Samples: Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc)

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Split Dollar Life Insurance. The the Company shall keep in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date, if any and if doing so does not violate any applicable law or regulation; the Company and the Executive shall retain respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 3 contracts

Samples: Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc), Change in Control Agreement (Mony Group Inc)

Split Dollar Life Insurance. The the Company shall keep in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date, if any and if doing so does not violate any applicable law or regulation; the Company and the Executive shall retain respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 1 contract

Samples: Change in Control Agreement (Mony Group Inc)

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Split Dollar Life Insurance. The the Company shall keep in effect, for the life of the Executive, the split-dollar life insurance policy maintained for the Executive immediately prior to the Termination Date, if any and if doing so does not violate any applicable law or regulation; the Company and the Executive shall retain their respective obligations to pay premiums in accordance with the terms of the policy.

Appears in 1 contract

Samples: Employment Agreement (Mony Group Inc)

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