Company Ownership. The Company owns the Policy and shall have the right to exercise all incidents of ownership and to receive the Policy values in excess of the Executive's interest described in Section 2.2.
Appears in 5 contracts
Samples: Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/), Income Agreement (Community Banks Inc /Pa/)
Company Ownership. The Company owns the Policy and shall have the right to exercise all incidents of ownership and to receive the Policy values in excess of the Executive's ’s interest described in Section 2.2.
Appears in 4 contracts
Samples: Survivor Income Agreement (Fulton Bancshares Corp), Survivor Income Agreement (Susquehanna Bancshares Inc), Survivor Income Agreement (Fulton Bancshares Corp)
Company Ownership. The Company owns the Policy and shall have the right to exercise all incidents of ownership and to receive the Policy values in excess of the Executive's Director’s interest described in Section 2.2.
Appears in 1 contract
Samples: Split Dollar Agreement (First Community Financial Corp)
