Case 5: In order to help induce Jill Gregory : remain as president f the Reed Compan in 20 i. promise. : p.., her ( 1 her e.tate) $4." 0.. pun ve.1 7 1 the next ly ean- even if: elevis the ompun, or is Kees want to propel . ord : is transa tion as weferred ompension but sunsun of how any rare t showed use to amortize : i. It Me er Red a-so pur hased a a 1 life" life in win e po-i , for ) . naming t eco pany a: the cole veneficial, Red wants to as tain in i. can omet the cash surrender value of the policy against the above deferred compensation liability