Example ContractsClausesbeneficiary designationVariants
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If a participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation and duly filing or otherwise recording it with the plan administrator.

If a participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation and duly filing or otherwise recording it with the plan administrator.

If a participant completes or has completed a beneficiary designation form in which the participant designates his spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation and duly filing or otherwise recording it with the plan administrator. form.

If the Participant designates as a participant designates hisBeneficiary the person who is the Participant’s spouse as the beneficiary and the participant and such spouse are legally divorced subsequent toon the date of the designation, either by name or by relationship, or both, the dissolution, annulment or other legal termination of the marriage between the Participant and such designation; then,person shall automatically revoke such designation. The foregoing shall not prevent the designation shall be administeredParticipant from designating a former spouse as if such spouse had predeceaseda beneficiary on a form that is both executed by the participant unlessParticipant and received by the participant, subsequent toPlan Administrator # after the date of the legal divorce, reaffirmstermination of the designation by completing a new beneficiary designationmarriage between the Participant and duly filing or otherwise recording it withsuch former spouse and # during the plan administrator. Participant’s lifetime.

A Participant may designate a Beneficiary or Beneficiaries, or change any prior designation of Beneficiary or Beneficiaries in accordance with rules and procedures established by the Administrator. Whenever a Participant designates a new Beneficiary, all former Beneficiary designations by such Participant shall be revoked automatically. If a participant Participant and the Participant’s spouse divorce, any designations of the spouse as Beneficiary shall become null and void. The former spouse shall be treated as the Beneficiary under the Plan only if after the divorce is final, the Participant expressly re-designates histhe former spouse as the beneficiary and the participant and such spouse are legally divorced subsequent to the date of such designation; then, the designation shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completing a new beneficiary designation and duly filing or otherwise recording it with the plan administrator. Participant’s Beneficiary.

IfThe submission of a participant designates his spouse as the beneficiary and the participant and such spouse are legally divorcednew Beneficiary designation shall cancel all prior Beneficiary designations. Any finalized divorce or marriage of a Participant subsequent to the date of such designation; then, thea Beneficiary designation shall revoke such designation, unless in the case of divorce the previous Spouse was not designated as Beneficiary and unless in the case of marriage the Participant's new Spouse has previously been designated as Beneficiary. The Spouse of a married Participant shall consent to any designation of a Beneficiary other than the Spouse, and the Spouse's consent shall be administered as if such spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designationwitnessed by completing a new beneficiary designation and duly filing or otherwise recording it with the plan administrator. notary public.

IfThe submission of a participant designates his spouse as the beneficiary and the participant and such spouse are legally divorcednew Beneficiary designation shall cancel all prior Beneficiary designations. Any finalized divorce or marriage of a Participant subsequent to the date of such designation; then, thea Beneficiary designation shall be administeredrevoke such designation, unless in the case of divorce the previous spouse was not designated as if suchBeneficiary and unless in the case of marriage the Participant's new spouse had predeceased the participant unless the participant, subsequent to the legal divorce, reaffirms the designation by completinghas previously been designated as Beneficiary. The spouse of a new beneficiary designation and duly filing or otherwise recording it with the plan administrator. married Participant shall

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