Maximum Death Benefit. If Insured’s death occurs while Insured is in the full-time employment of Bank, then the “Death Benefit” shall equal $500,000.
Appears in 2 contracts
Sources: Split Dollar Agreement (Red River Bancshares Inc), Split Dollar Agreement (Red River Bancshares Inc)
Maximum Death Benefit. If Insured’s death occurs while Insured is in the full-time employment of Bank, then the “Death Benefit” shall equal $500,0001,400,000.
Appears in 1 contract
Sources: Endorsement Method Split Dollar Agreement (Red River Bancshares Inc)
Maximum Death Benefit. If Insured’s death occurs while Insured is in the full-time employment of Bank, then the “Death Benefit” shall equal $500,000$ .
Appears in 1 contract