Split Dollar Life Insurance Agreement Sample Contracts

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SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • January 6th, 2014 • Square 1 Financial Inc • State commercial banks • North Carolina

THIS AGREEMENT (the “Agreement”) is made and entered into this 20th day of June, 2012, by and between Square 1 Bank, a North Carolina bank, located in Durham, NC (the “Bank”), and Judith Erwin, a current employee of the Bank (hereinafter referred to as the “Employee”).

ROMA BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 3rd, 2014 • Investors Bancorp Inc • Savings institution, federally chartered • New Jersey

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into this 15th day of February, 2012, by and between Roma Bank, a savings association located in Robbinsville, New Jersey (the “Bank”), and Dennis Bone (the “Director”).

FIRST NATIONAL BANK OF NORTHERN CALIFORNIA AMENDED AND RESTATED SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • May 31st, 2016 • FNB Bancorp/Ca/ • State commercial banks • California

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”), entered into this 27th day of May, 2016, AMENDS AND RESTATES the agreement originally entered into on February 15, 2012, by and between FIRST NATIONAL BANK OF NORTHERN CALIFORNIA, a national bank organized under the laws of the United States, located in South San Francisco, California (the “Bank”), and RANDY BRUGIONI (the “Executive”).

Prime Meridian Bank SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 9th, 2023 • Prime Meridian Holding Co • State commercial banks • Florida

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into this 1st day of January, 2022, by and between Prime Meridian Bank (the “Bank”), and Kyle Phelps (the "Insured").

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • November 13th, 2000 • Wachovia Corp/ Nc • National commercial banks • North Carolina
SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 31st, 1997 • Vmark Software Inc • Services-prepackaged software • Massachusetts
OCEAN CITY HOME BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • August 27th, 2004 • Ocean Shore Holding Co • New Jersey

THIS AGREEMENT entered into this 18th day of December, 2002 by and between OCEAN CITY HOME BANK (the “Bank”), a federally-chartered savings bank, and STEVEN BRADY (the “Employee”).

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • February 28th, 2024 • Wilson Bank Holding Co • National commercial banks • Tennessee

THIS AGREEMENT (the “Agreement”) is made and entered into this 19th day of November, 2018, by and between Wilson Bank & Trust, a banking corporation, located in Wilson County, Tennessee (the “Bank”), and TAYLOR WALKER, a current employee of the Bank (hereinafter referred to as the “Employee”).

Investar Bank SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 1st, 2018 • Investar Holding Corp • State commercial banks • Louisiana

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into this 28th day of February, 2018, by and between Investar Bank (the “Bank”), a banking corporation organized and existing under the laws of the State of Louisiana, and (the “Insured”).

RECITALS:
Split-Dollar Life Insurance Agreement • January 31st, 2003 • Nci Building Systems Inc • Prefabricated metal buildings & components • Texas
SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 11th, 2019 • Eureka Homestead Bancorp, Inc. • Louisiana

THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into this 19th day of February, 2019, by and between Eureka Homestead (the “Employer”), and Alan T. Heintzen (the “Executive”), and formalizes the agreements and understanding between the Employer and the Executive.

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • July 18th, 2001 • Abrams Industries Inc • General bldg contractors - nonresidential bldgs • Georgia

THIS AGREEMENT is entered into as of this 31st day of May, 2001, by and between ABRAMS INDUSTRIES, INC., a Georgia corporation (hereinafter the “Corporation”), ALAN R. ABRAMS (hereinafter the “Employee”), and ALAN R. ABRAMS, as owner of the Policy (hereinafter, with any subsequent assignee or owner of the Policy, the “Owner”).

RECITALS:
Split-Dollar Life Insurance Agreement • January 31st, 2003 • Nci Building Systems Inc • Prefabricated metal buildings & components • Texas
BANK’34 SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-charted savings and loan association located in Alamogordo, New Mexico (the “Bank”), and JILL GUTIERREZ (the “Executive”).

CERTEGY INC. EXECUTIVE LIFE AND SUPPLEMENTAL RETIREMENT BENEFIT PLAN SPLIT DOLLAR LIFE INSURANCE AGREEMENT (Endorsement Non-Equity Method)
Split Dollar Life Insurance Agreement • February 17th, 2004 • Certegy Inc • Services-business services, nec

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into by and among Certegy Inc. (the “Company”); and , an employee of the Company (the “Participant”), effective as of November 7, 2003 (the “Agreement Date”).

FIRST NATIONAL BANK OF NORTHERN CALIFORNIA SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 6th, 2008 • FNB Bancorp/Ca/ • State commercial banks • California

THIS SUPPLEMENTAL LIFE INSURANCE AGREEMENT (the “Agreement”) is adopted this 1st day of January, 2008, by and between FIRST NATIONAL BANK OF NORTHERN CALIFORNIA, a bank located in South San Francisco, California (the “Bank”), and DAVID A. CURTIS (the “Executive”).

BANK’34 SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-charted savings and loan association located in Alamogordo, New Mexico (the “Bank”), and (the “Director”).

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • August 30th, 2013 • WVS Financial Corp • Savings institutions, not federally chartered • Pennsylvania

THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is adopted this 1st day of September, 2013, by and between West View Savings Bank, located in Pittsburgh, Pennsylvania (hereinafter referred to as the “Employer”), and David Bursic (hereinafter referred to as the “Executive”), and formalizes the agreements and understanding between the Employer and the Executive. The Employer is the wholly owned subsidiary of WVS Financial Corp. (the “Corporation”).

TEMECULA VALLEY BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 17th, 2009 • Temecula Valley Bancorp Inc • National commercial banks • California

This Agreement is adopted this 1st day of June, 2008, by and between TEMECULA VALLEY BANK, a bank organized under the laws of the State of California, located in Temecula, California (the “Bank”), and STEPHEN H. WACKNITZ (the “Director”).

AMENDMENT No. 2 TO OCEAN CITY HOME BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • October 27th, 2008 • Ocean Shore Holding Co. • Savings institution, federally chartered

This amendment hereby supplements and amends the Split Dollar Life Insurance Agreement dated as of December 18th, 2002 and Amendment No. 1 to the Split Dollar Life Insurance Agreement dated as of May 10, 2007. Effective as of October 22, 2008, the Exhibit A of said Agreement shall be amended as follows:

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Split Dollar Life Insurance Agreement with Lee Johnson, Jr. SPLIT DOLLAR LIFE INSURANCE AGREEMENT ENDORSEMENT METHOD
Split Dollar Life Insurance Agreement • May 16th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made this 2nd day of September, 2003, between Mechanics and Farmers Bank, a bank organized and existing under the laws of the State of North Carolina (the “Bank”), and Lee Johnson, Jr., an executive employee of the Bank or one of its subsidiary corporations (the “Executive”).

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • November 13th, 2000 • Wachovia Corp/ Nc • National commercial banks • North Carolina
SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • March 30th, 2012 • Valley Commerce Bancorp • State commercial banks • California

THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is adopted this 16th day of November, 2011, by and between Valley Business Bank, a California corporation (hereinafter referred to as the “Employer”), and Bill Kitchen (hereinafter referred to as the “Executive”), effective as of the 16th day of November, 2011, formalizes the agreements and understanding between the Employer and the Executive.

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • August 30th, 2013 • WVS Financial Corp • Savings institutions, not federally chartered • Pennsylvania

THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is adopted this day of , 2013, by and between West View Savings Bank, located in Pittsburgh, Pennsylvania (hereinafter referred to as the “Employer”), and (hereinafter referred to as the “Executive”), and formalizes the agreements and understanding between the Employer and the Executive. The Employer is the wholly owned subsidiary of WVS Financial Corp. (the “Corporation”).

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • February 27th, 2008 • First Horizon National Corp • National commercial banks • Tennessee

THIS AGREEMENT is made this 20th day of December, 2007, by and between First Horizon National Corporation, a Tennessee Corporation and its subsidiaries, hereinafter collectively referred to as the ‘Corporation” and John O’Connor hereinafter referred to as the “Employee”.

COMMUNITY BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • August 30th, 2019 • CB Financial Services, Inc. • State commercial banks • Pennsylvania

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into September 1, 2019, by and between Community Bank (the “Bank”), a Pennsylvania banking corporation, and Patrick G. O’Brien (the "Insured").

OCEAN CITY HOME BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • April 22nd, 2010 • Ocean Shore Holding Co. • Savings institution, federally chartered • New Jersey

THIS AGREEMENT entered into this 11th day of March, 2010 by and between Ocean City Home Bank (the “Bank”), a federally-chartered savings bank, and KIM M. DAVIDSON (the “Employee”).

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • May 10th, 2019 • Investors Bancorp, Inc. • State commercial banks • New York

THIS SPLIT DOLLAR AGREEMENT (this "Agreement") is entered into this 20th day of September, 2012, by and between by and between Marathon National Bank of New York, located in Astoria, New York (the "Employer"), and Paul Stathoulopoulos (the "Executive").

SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • February 27th, 2008 • First Horizon National Corp • National commercial banks • Tennessee

THIS AGREEMENT is made this 19th day of December, 2007 by and between First Horizon National Corporation, a Tennessee Corporation and its subsidiaries, hereinafter collectively referred to as the ‘Corporation”, the Elbert L. Thomas, Jr. Insurance Trust ________, hereinafter referred to as the “Trust,” and Elbert L. Thomas, Jr. hereinafter referred to as the “Employee”.

CARDINAL BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • August 30th, 2016 • Cardinal Financial Corp • National commercial banks

This Split Dollar Life Insurance Agreement (“Agreement”) is made and entered into by and between Cardinal Bank (the “Company”) and Bernard H. Clineburg (the “Insured”).

SANDY SPRING BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • May 27th, 2021 • Sandy Spring Bancorp Inc • National commercial banks • Maryland

THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is made and entered into as of by _________________ and between SANDY SPRING BANK, a bank organized under the laws of the State of Maryland (the “Bank”), and [EXECUTIVE NAME] (the “Executive”).

CONNECTONE BANK SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • December 16th, 2019 • ConnectOne Bancorp, Inc. • State commercial banks • New Jersey

THIS AGREEMENT (the “Agreement”) is made and entered into this 10th day of December 2019, by and between ConnectOne Bank, (the “Employer” or the “Bank”), and _________________, a current Executive of the Employer (hereinafter referred to as the “Executive or Participant”).

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