Summary of Dollar General Corporation Life Insurance Program as Applicable to Executive Officers
Exhibit 10.36
Summary of
Dollar General Corporation Life Insurance Program
as Applicable to Executive Officers
Dollar General Corporation (the "Company") has established a life insurance program for salaried employees. Currently, a death benefit equal to 2.5 times the employee’s annual base salary, up to a maximum of $4 million, is provided to a limited group of salaried employees, including the Company’s executive officers. A lesser death benefit is provided to other groups of salaried employees.
The life insurance coverage offered through the program may be provided through a variety of means, including individual (which may be owned by the individual or by the Company) or group policies with universal, whole or term insurance, or through payment out of the Company’s general assets, as determined by the Company in its sole discretion. In addition, certain of these policies may accumulate a cash value which may inure to the benefit of either the Company or the individual.
