-6-SplitDollarLifeInsuranceAgreement人壽保險(xiǎn)協(xié)議核心提示：ThisAgreement,madeandenteredintoon_________,_________,_________(M/D/Y),andmadeeffectiveasof_________,_________,_________(M/D/Y),byandbetweenAAACORP.,(Company)andBBB(Employee),iThisAgreement,madeandenteredintoon_________,_________,_________(M/D/Y),andmadeeffectiveasof_________,_________,_________(M/D/Y),byandbetweenAAACORP.,(Company)andBBB(Employee),isanamendmenttothatcertainEmploymentAgreementbetweenthepartiesenteredintoandmadeeffectiveon_________,_________,_________(M/D/Y)(theEmploymentAgreement).WHEREAS,thepartiesdesiretoamendtheEmploymentAgreementasprovidedherein;NOW,THEREFORE,forandinconsiderationofthecovenantscontainedherein,andforothergoodandvaluableconsiderations,thepartiesagreeasfollows:1.Article1,paragraph1.2shallbedeletedinitsentiretyandthefollowinginsertedinitsplace:1.2POSITION.DuringthetermofemploymentunderthisAgreement,CompanyshallemployEmployeeinthepositionofChairmanoftheBoard,ChiefExecutiveOfficer,andPresident,orinsuchotherexecutivepositionsasthepartiesmutuallymayagree.2.Article2,paragraph2.1shallbedeletedinitsentiretyandthefollowinginsertedinitsplace:2.1TERM.Unlesssoonerterminatedpursuanttootherprovisionshereof,CompanyagreestoemployEmployeefortheperiod(theTerm)beginningontheEffectiveDateandending_________,_________,_________(M/D/Y),andthereafterforsuchperiod,ifany,asmaybeagreeduponinwritingbyEmployeeandCompany.3.Article3,Section3.1isherebyamendedinitsentiretyandthefollowingisinsertedinitsplace:3.1BASESALARY.DuringtheperiodbeginningontheEffectiveDateandendingon_________,_________,_________(M/D/Y),Employeeshallreceiveanannualbasesalaryequalto$_________,whichincreasedto1.2milliondollarson_________,_________,_________(M/D/Y)andthenincreasedto1.3milliondollarson_________,_________,_________(M/D/Y)through_________,_________,_________(M/D/Y).Fortheperiodbeginning_________,_________,_________(M/D/Y)andending_________,_________,_________(M/D/Y),Employeeshallreceiveaminimumannualbasesalaryequalto$_________.Effective_________,_________,_________(M/D/Y),Employee’sminimumannualbasesalaryshallbeincreasedto$_________.Employee’sbasesalaryshallbereviewedannuallyandmaybeincreasedannuallyandfromtimetotimebytheBoardofDirectors(ortheCompensationandManagementDevelopmentCommitteeofsuchBoard)initssolediscretionand,afteranysuchchange,Employee’snewlevelofbasesalaryshallbeEmployee’sbasesalaryforpurposesofthisAgreementuntiltheeffectivedateofanysubsequentchange.Employee’sannualbasesalaryshallbepaidinequalinstallmentsinaccordancewithCompany’sstandardpolicyregardingpaymentofcompensationtoexecutives;provided,however,thatEmployeeherebyirrevocableelectsandagreesthatanybasesalarypayabletoEmployeepursuanttothisparagraph3.1inexcessof$_________duringanytaxableyearofCompanyshallbedeferredunderCompany’s1994DeferralPlan.AnyamountsdeferredunderCompany’s1994DeferralPlanpursuanttothisparagraph3.1shallbesubjecttoallofthetermsandconditionsofsuchplan,including,withoutlimitation,thetimeofpaymentprovisionsthereof.4.Article8,paragraph8.14shallbedeletedinitsentiretyandthefollowinginsertedinitsplace:8.14AMENDMENTTOLOANCOMMITMENTAGREEMENT.EffectiveasoftheEffectiveDate,theLoanCommitmentAgreementshallbeandisherebyamendedasfollows:(i)thedate_________,_________,_________(M/D/Y)shallbesubstitutedforthedate_________,_________,_________(M/D/Y)ineachplacesuchlatterdateappearsinSections1.01and2.04oftheLoanCommitmentAgreement;(ii)thedate_________,_________,_________(M/D/Y)shallbesubstitutedforthedates_________,_________,_________(M/D/Y)and_________,_________,_________(M/D/Y)ineachplacesuchlatterdatesappearinSections2.01and2.03oftheLoanCommitmentAgreement;and(iii)allreferencestothePriorEmploymentAgreementintheLoanCommitmentAgreementshallbedeletedandreferencestothisAgreementshallbesubstitutedtherefor.ThisAgreementistheThirdAmendmenttotheEmploymentAgreement,andthepartiesagreethatallotherterms,conditionsandstipulationscontainedintheEmploymentAgreementshallremaininfullforceandeffectandwithoutanychangeormodification,exceptasprovidedherein.INWIT