Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments that may be made after the Participant's death. Such designation may be changed or canceled at any time without the consent of any such beneficiary. Any such designation, change or cancellation must be made on a form or in a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. If no beneficiary has been named, or the designated beneficiary or beneficiaries shall have predeceased the Participant, the beneficiary shall be the Participant's spouse or, if no spouse survives the Participant, the Participant's estate. If a Participant designates more than one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments that may be made after the Participant's death. Such designation may be changed or canceled at any time without the consent of any such beneficiary. Any such designation, change or cancellation must be made on a form or in a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. If no beneficiary has been named, or the designated beneficiary or beneficiaries shall have predeceased the Participant, the beneficiary shall be the Participant's spouse or, if no spouse survives the Participant, the Participant's estate. If a Participant designates more than one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments that may be made after the Participant'Participants death. Such designation may be changed or canceled at any time without the consent of any such beneficiary. Any such designation, change or cancellation must be made on a form or in a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. If no beneficiary has been named, or the designated beneficiary or beneficiaries shall have predeceased the Participant, the beneficiary shall be the Participant'Participants spouse or, if no spouse survives the Participant, the Participant'Participants estate. If a Participant designates more than one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments thatwhich may be made afterunder the Participant'Plan following the Participant’s death. Such designation may be changed or canceledcancelled at any time without the consent of any such beneficiary. Any such designation, change or cancellation must be made onin a form or in a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. If no beneficiary has been named,is named or the designated beneficiary or beneficiaries shall have predeceasedpredecease the Participant, the Participant’s beneficiary under the Plan shall be the Participant'Participant’s spouse or, if no spouse survives the Participant, the Participant'Participant’s estate. If a Participant designates more than one beneficiary, the paymentrights of such beneficiaries shall be made to such beneficiariespayable in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. EachUnless otherwise provided by the Committee (or its delegate), a Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments thatwhich may be made afterfollowing the Participant'Participants death. Such designation may be changed or canceled at anydeath in accordance with the Companys policies as in effect from time without the consent of any such beneficiary. Any such designation, change or cancellation must be made onto time. If a form or inParticipant does not designate a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. If no beneficiary has been named,beneficiary, or the designated beneficiary or beneficiaries shall have predeceasedpredeceases the Participant, any payments which may be made following the beneficiary shall be the Participant'Participants spouse or, if no spouse survives the Participant, the Participant's estate. If a Participant designates more than one beneficiary, the paymentdeath shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.Participants estate.
Designation of Beneficiary. Each Participant may designate a beneficiaryBeneficiary (along with alternate beneficiaries) to whom, in the event of the Participants death, any benefit is payable hereunder. Each Participant has the right to change any designation of Beneficiary and such change automatically revokes any prior designation. A designation or beneficiaries (which beneficiary may be an entity other than a natural person) to receive any payments that may be made after the Participant's death. Such designation may be changed or canceled at any time without the consentchange of any such beneficiary. Any such designation, change or cancellationBeneficiary must be madein writing on a form or in a manner approvedforms supplied by or acceptable to the Committee and any change of Beneficiary shall not bebecome effective until filed with the Committee; provided, however, that the Committee shall not recognize the validity of any designation received byafter the Committee.death of the Participant. The interest of any Beneficiary who dies before the Participant shall terminate unless otherwise provided. If no beneficiary has been named,a Beneficiary is not validly designated, or is not living or cannot be found at the designated beneficiary or beneficiaries shall have predeceased the Participant, the beneficiarydate of payment, any amount payable pursuant to this Plan shall be paid to the Participant's spouse or,Spouse of the Participant if living at the time of payment, otherwise in equal shares to such of the children of the Participant as may be living at the time of payment; provided, however, that if there is no spouse survivessurviving Spouse or child at the Participant, the Participant's estate. If a Participant designates more than one beneficiary, thetime of payment, such payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.estate of the Participant.
Designation of Beneficiary. Each"Beneficiary" means such person(s) as the Participant has designated. A Participant may designate a beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person) to receivechange his/her Beneficiary designation at any payments that maytime. All Beneficiary designations (including changes) shall be made after the Participant's death. Such designation may be changed or canceled at any time without the consent of anyin writing on such beneficiary. Any such designation, change or cancellation must be made on a form or in a manner approved by or acceptable toforms as the Committee shall prescribe, and shall not bebecome effective untilonly when received and accepted by the Committee; provided, however, that a Beneficiary designation (including a change) received by the Committee. If no beneficiary has been named,Committee after the designating Participant's death shall be disregarded. In the absence of a Beneficiary designation, or if the designated beneficiaryBeneficiary is no longer living or beneficiaries shall have predeceasedin existence at the Participant,time of the beneficiaryParticipant's death, all distributions payable from the Plan upon the Participant's death shall be the Participant's spouse or, if no spouse survives the Participant,paid to the Participant's estate. If a Participant designates more than one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. Each Participant mayshall be entitled to designate a beneficiaryBeneficiary or beneficiariesBeneficiaries (which beneficiary may be an entity other than a natural person) who, following the Participant’s death, will be entitled to receive any payments that mayto be made after the Participant's death. Suchunder [Section 6.2]. At any time, and from time to time, any designation may be changed or canceled at any timecancelled by the Participant without the consent of any such beneficiary.Beneficiary. Any such designation, changechange, or cancellation must be made on a form or in a manner approved by or acceptable towritten notice filed with the CommitteeCompany and shall not be effective until received by the Committee. If no beneficiaryCompany. Payment shall be made in accordance with the last unrevoked written designation of Beneficiary that has been named, orsigned by the designated beneficiary or beneficiaries shall have predeceasedParticipant and delivered by the Participant,Participant to the beneficiary shall beCompany prior to the Participant'Participant’s spouse or, if no spouse survivesdeath. If the Participant, the Participant's estate. If a Participant designates more than one beneficiary,Beneficiary, any payments under [Section 6.2] to the Beneficiaries shall be made in equal shares unless the Participant has designated otherwise, in which case the payments shall be made in the proportions designated by the Participant. If no Beneficiary has been named by the Participant or if all Beneficiaries predecease the Participant, payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.Participant’s estate.
DesignationAny payment required to be made to a Participant hereunder that cannot be made to the Participant because of Beneficiary.his death shall be made to the Participant’s beneficiary or beneficiaries, subject to applicable law. Each Participant mayshall have the right to designate in writing from time to time a beneficiary or beneficiaries (whichby filing a written notice of such designation with the Committee. In the event a beneficiary may be an entity other than a natural person) to receive any payments that may be made afterdesignated by the Participant's death. Such designation may be changed or canceled at any time withoutParticipant does not survive the consent of any such beneficiary. Any such designation, change or cancellation must be made on a formParticipant and no successor beneficiary is selected, or in a manner approved by or acceptable to the Committee and shall not be effective until received by the Committee. Ifevent no beneficiaryvalid designation has been named, or the designated beneficiary or beneficiaries shall have predeceased the Participant, themade, such Participant’s beneficiary shall be the Participant's spouse or, if no spouse survives the Participant, the Participant'such Participant’s estate. If a Participant designates more than one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.
Designation of Beneficiary. Each Participant mayparticipant shall have the right at any time to designate aany person or persons as beneficiary or beneficiaries (which beneficiary may be an entity other than a natural person)(both principal as well as contingent) to receive any payments that maywhom payment under this Plan shall be made afterin the Participant's death. Suchevent of death prior to complete distribution to the participant of the amounts due under this Plan. Any beneficiary designation may be changed or canceled at any time withoutby a participant by the consentfiling of any such beneficiary. Any such designation, change or cancellation must be made on a form or in a manner approved by or acceptable to the Committee and shall not be effective until receivedprescribed by the Retirement Committee. The filing of a new beneficiary designation will cancel all beneficiary designations previously filed and will apply to all deferrals in the account. If noa beneficiary has not been named,designated or if all designated beneficiaries predecease the designated beneficiary or beneficiaries shall have predeceased the Participant,participant, then any amounts payable to the beneficiary shall be paid to the Participant'participant’s spouse or, if no spouse survives the Participant, the Participant's estate. If a Participant designates more than(if married) or estate (if not married) in one beneficiary, the payment shall be made to such beneficiaries in equal shares, unless the Participant has designated otherwise.lump sum.
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.