Common use of Suicide or Misstatement Clause in Contracts

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date Effective Date of this Agreement, Agreement or if the Executive has made makes any material misstatement of fact on any application for life insurance purchased by the CompanyEmployer.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or (ii) for any other reason.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company, or any other reason; provided, however that the Company shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank or for any other reason. The Bank shall have no liability to the Executive for any denial of coverage by the insurance company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any Insurer denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyPolicy, or (ii) for any other reason; provided, however that the Employer shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyBank.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date Effective Date of this Agreement, Agreement or if the Executive has made makes any material misstatement of fact on any application for life insurance purchased by the CompanyBank.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this the Prior Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or (ii) for any other reason.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date Effective Date of this Agreement, Agreement or if the Executive has made makes any material misstatement of fact on any on any application for life insurance purchased by the CompanyBank, on any resume or application provided to the Bank, or on any application for benefits provided by the Bank.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyEmployers, or any other reason; provided, however that the Employers shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any job application or on any application for life insurance purchased by the CompanyBank.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company, or any other reason; provided, however, that the Company shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has had made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two (2) years after the date of this Agreement, or if an insurance company (if applicable) denies coverage for material misstatements of fact made by the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyPSB.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if at any time the insurance company denies coverage for material misstatements of fact made by the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyBank, regardless of when such material misstatements or alleged material misstatements were made, or if such coverage is denied for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date of this Agreement, Effective Date or if the Executive has made makes any material misstatement of fact on any application for life insurance purchased by the CompanyBank, on any resume or application provided to the Bank, or on any application for benefits provided by the Bank.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date of this Agreement, Effective Date or if the Executive has made makes any material misstatement of fact on any on any application for life insurance purchased by the CompanyBank, on any resume or application provided to the Bank, or on any application for benefits provided by the Bank.

Suicide or Misstatement. No benefits shall be payable if the ----------------------- Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if at any time the insurance company denies coverage for material misstatements of fact made by the Executive has made any material misstatement of fact on any application for life insurance purchased by the CompanyBank, regardless of when such material misstatements or alleged material misstatements were made, or if such overage is denied for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date Effective Date of this Agreement, Agreement or if the Executive has made makes any material misstatement of fact on any application for life insurance purchased by the CompanyAssociation.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or any other reason; provided, however, that the Bank shall evaluate the reasons for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two (2) years after the date of the Policy or Policies used to support the benefits under this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or (ii) for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable paid under this Agreement if the Executive commits suicide within two years after the date of this Agreement, Agreement or if the Executive has made makes any material misstatement of fact on any application or resume provided to the Bank or on any application for life insurance purchased benefits provided by the CompanyBank.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement of fact made by the Executive on any application for life insurance purchased by the Company, or any other reason; provided, however that the company shall evaluate the reason for denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. The Company shall have no liability to the Executive for any denial of coverage by the insurance company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two (2) years after the date of this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company, or (ii) for any other reason; provided, however that the Company shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the CompanyBank, or any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. The Bank shall have no liability to the Executive for any denial of coverage by the insurance company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two (2) years after the date Effective Date of this Agreement, or if the Executive has made any insurance company denies coverage for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company, or any other reason; provided, however that the Company shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. The Company shall have no liability to the Executive for any denial of coverage by the insurance company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company.Bank, or (ii) for any other reason. OLD LINE BANK Supplemental Life Insurance Agreement

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any Insurer denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company.Policy, or (ii) for any other reason; provided, however that the Employer shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. 

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two (2) years after the original date of this Agreement, May 14, 1996, or if the Executive has made any material misstatement of fact on any application for life insurance purchased by the Company.

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company.Bank, or (ii) for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. BANK OF THE SEIRRA Split-Dollar Agreement

Suicide or Misstatement. No benefits shall be payable if the Executive commits suicide within two years after the date of this Agreement, or if the Executive has made any insurance company denies coverage (i) for material misstatement misstatements of fact made by the Executive on any application for life insurance purchased by the Company.Bank, or (ii) for any other reason; provided, however that the Bank shall evaluate the reason for the denial, and upon advice of legal counsel and in its sole discretion, consider judicially challenging any denial. Illini Bank and Illini Corporation Supplemental Life Insurance Agreement