Split Dollar Agreement definition

Split Dollar Agreement means the Split Dollar Agreement between the Company and Xxxxxxxx X. Xxxxx, Xxxxx X. Xxxxx and Xxxxxxx X. Xxxxxx, as trustees of an insurance trust established by Xxxxxxxx X. Xxxxx, as in effect on the Closing Date.

Split Dollar Agreement means the Split Dollar Agreement executed by the Owner, the Eligible Executive and the Company with respect to the Company's interest in the Policy. A specimen form of Split Dollar Agreement is annexed hereto and made a part hereof.

Split Dollar Agreement means an agreement between the Borrower or any of its Subsidiaries and an employee of the Borrower or such Subsidiary (or one or more affiliates of such employee that shall be the owner of the policy of life insurance referred to below), pursuant to which the Borrower or such Subsidiary shall agree to fund non-scheduled premiums under a policy of insurance on the life of such employee and such employee (or such affiliate or affiliates) shall agree to reimburse the Borrower or such Subsidiary for such non-scheduled premiums upon the termination of such agreement.

Examples of Split Dollar Agreement in a sentence

• While we have spoken today about the current situa- tion and future outlook for fields like energy, railways, and industry, we also need to be looking ahead to the organic interoperation of information and control systems from these different domains with a view to building more advanced social infrastructure.

• Chase and Barbara Chase (incorporated by reference from Exhibit 10.21 to the Company's annual report on Form 10-K for the fiscal year ended August 31, 1992) 10.25 Endorsement Split-Dollar Agreement dated June 8, 1995 by and between the Company and Edward L.

• The insurance policy has been assigned to the Company as security for repayment of the amounts which the Company contributes toward payments due on such policy.In accordance with the terms of the Split-Dollar Agreement, the Company paid the 2002 premium in the amount of $299,697 in January 2002.

• A delegated act adopted pursuant to Article 2(2) […] and Article 3(3)[…] shall enter into force only if no objection has been expressed either by the European Parliament or by the Council within a period of two months of notification of that act to the European Parliament and the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object.

• The database consists of monologue texts collected from newspapers, the WWW, self-published autobiographies of disabled people, essays and columns.

More Definitions of Split Dollar Agreement

Split Dollar Agreement means the Split Dollar Agreement between the Company and Nicholas A. Pagon, Holly T. Pagon and Michael B. Jordan, as trustees of an insurance trust established by Marshall W. Pagon, as in effect on the Closing Date.

Split Dollar Agreement means the Split-Dollar Agreement related to the Life Insurance to be entered into between the Optionee and the Company and substantially in the form of Exhibit B retroactive to the date hereof, when the Life Insurance is in force.

Split Dollar Agreement means that certain Split-Dollar Life Insurance Agreement, dated as of July 1, 1998, between the Company and the Executive.

Split Dollar Agreement means an agreement between the Participant and the Participating Employer that relates to the payment of

Split Dollar Agreement means an agreement, substantially in the form attached hereto as Exhibit 2 but with such changes as the Committee in its discretion shall deem appropriate in each case, which may be entered into with a Member to provide for payment of Death Benefits in accordance with Article III hereof.

Split Dollar Agreement has the meaning set forth in Section 2(g).

Split Dollar Agreement means the Split Dollar Agreement between Pegasus Satellite and Nicholas A. Pagon, Holly T. Pagon and Michael B. Jordan, as trustees of an insurance trust established by Marshall W. Pagon, as in effect on January 27, 1997.