Common Contracts
5 similar Endorsement Split Dollar Agreement contracts by Tidelands Bancshares Inc
Tidelands Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Robert E. Coffee Jr., an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive. Whereas, to encourage the Executive to remain a Bank employee, the Bank is willing to divide the death proceeds of a life insurance policy on the Executive’s life, and Whereas, the Bank will pay life insurance premiums from its general assets. Now Therefore, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.
Tidelands Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Thomas H. Lyles, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive. Whereas, to encourage the Executive to remain a Bank employee, the Bank is willing to divide the death proceeds of a life insurance policy on the Executive’s life, and Whereas, the Bank will pay life insurance premiums from its general assets. Now Therefore, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.
Tidelands Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Milon C. Smith, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive. Whereas, to encourage the Executive to remain a Bank employee, the Bank is willing to divide the death proceeds of a life insurance policy on the Executive’s life, and Whereas, the Bank will pay life insurance premiums from its general assets. Now Therefore, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.
Tidelands Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Alan W. Jackson, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive. Whereas, to encourage the Executive to remain a Bank employee, the Bank is willing to divide the death proceeds of a life insurance policy on the Executive’s life, and Whereas, the Bank will pay life insurance premiums from its general assets. Now Therefore, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.
Tidelands Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Robert H. Mathewes Jr., an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive. Whereas, to encourage the Executive to remain a Bank employee, the Bank is willing to divide the death proceeds of a life insurance policy on the Executive’s life, and Whereas, the Bank will pay life insurance premiums from its general assets. Now Therefore, in consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.
