Example ContractsClausesbeneficiariesVariants
Remove:

Beneficiaries. Notwithstanding Section 14.3(a), a Grantee may, in the manner determined by the Administrator, designate a beneficiary to exercise the rights of the Grantee and to receive any distribution with respect to any Award upon the Grantee’s death. A beneficiary, legal guardian, legal representative or other person claiming any rights under the Plan is subject to all terms and conditions of the Plan and any Award Agreement applicable to the Grantee, except to the extent the Plan and such Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriate by the Administrator. If no beneficiary has been designated or survives the Grantee, payment shall be made to the Grantee’s estate. Subject to the foregoing, a beneficiary designation may be changed or revoked by a Grantee at any time, provided the change or revocation is filed with the Administrator.

Beneficiaries. Notwithstanding Section 14.3(a), a Grantee may, inDesignation of Beneficiary. To the manner determinedextent permitted by the Administrator,Administrator and valid under applicable law, each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise the rights of the Grantee and toany Award or receive any distribution with respect topayment under any Award uponpayable on or after the Grantee’grantee’s death. A beneficiary, legal guardian, legal representative or other person claiming any rights underAny such designation shall be on a form provided for that purpose by the Plan is subject to all termsAdministrator and conditions of the Plan and any Award Agreement applicable to the Grantee, except to the extent the Plan and such Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriateshall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or survivesif the Grantee, paymentdesignated beneficiaries have predeceased the grantee, the beneficiary shall be made to the Grantee’grantee’s estate. Subject to the foregoing, a beneficiary designation may be changedestate or revoked by a Grantee at any time, provided the change or revocation is filed with the Administrator.legal heirs.

Beneficiaries. Notwithstanding Section 14.10.3(a), hereof, a GranteeParticipant may, in the manner determined by the Administrator, designate a beneficiary to exercise the rights of the GranteeParticipant and to receive any distribution with respect to any Award upon the Grantee’Participant's death. A beneficiary, legal guardian, legal representativerepresentative, or other person claiming any rights underpursuant to the Plan is subject to all terms and conditions of the Plan and any Program or Award Agreement applicable to the Grantee,Participant, except to the extent the PlanPlan, the Program and suchthe Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriate by the Administrator. If the Participant is married or a domestic partner in a domestic partnership qualified under Applicable Law and resides in a "community property" state, a designation of a person other than the Participant's spouse or domestic partner, as applicable, as his or her beneficiary with respect to more than fifty percent (50%) of the Participant's interest in the Award shall not be effective without the prior written or electronic consent of the Participant's spouse or domestic partner. If no beneficiary has been designated or survives the Grantee,Participant, payment shall be made to the Grantee’person entitled thereto pursuant to the Participant's estate.will or the laws of descent and distribution. Subject to the foregoing, a beneficiary designation may be changed or revoked by a GranteeParticipant at any time,time provided the change or revocation is filed withdelivered to the Administrator.Administrator prior to the Participant's death.

Beneficiaries. Notwithstanding Section 14.3(a), a Grantee may, inDesignation of Beneficiary. To the manner determinedextent permitted by the Administrator,Company, each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise the rights of the Grantee and toany Award or receive any distribution with respect topayment under any Award uponpayable on or after the Grantee’grantee’s death. A beneficiary, legal guardian, legal representative or other person claiming any rights underAny such designation shall be on a form provided for that purpose by the Plan is subject to all termsAdministrator and conditions of the Plan and any Award Agreement applicable to the Grantee, except to the extent the Plan and such Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriateshall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or survivesif the Grantee, paymentdesignated beneficiaries have predeceased the grantee, the beneficiary shall be made to the Grantee’grantee’s estate. Subject to the foregoing, a beneficiary designation may be changed or revoked by a Grantee at any time, provided the change or revocation is filed with the Administrator.

Select clause to view document information.

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.