Designation of Beneficiary. To the extent permitted by the 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 any Award or receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate or legal heirs.

Designation of Beneficiary. To the extent permitted by the Administrator and valid under applicable law,Company, each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until received by the Administrator. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate or legal heirs.estate.

Designation of Beneficiary. To the extent permitted by the Administrator and valid under applicable law,Company, each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to exercise any Award or receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the AdministratorCompany and shall not be effective until received by the Administrator.Company. If no beneficiary has been designated by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate or legal heirs.estate.

Designation of Beneficiary. ToBeneficiaries. Notwithstanding Section 14.3(a), a Grantee may, in the extent permittedmanner determined by the AdministratorAdministrator, designate a beneficiary to exercise the rights of the Grantee and valid under applicable law, each grantee to whom anreceive any distribution with respect to any Award has been madeupon the Grantee’s death. A beneficiary, legal guardian, legal representative or other person claiming any rights under the Plan may designate a beneficiary or beneficiariesis subject to exerciseall 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 receive any payment under any Award payable on or after the grantee’s death. Any such designation shall be on a form provided for that purpose by the Administrator and shall not be effective until receivedappropriate 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 deceased grantee,Grantee at any time, provided the change or ifrevocation is filed with the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate or legal heirs.Administrator.

Designation of Beneficiary. ToNotwithstanding Section 10.3(a) hereof, a Participant may, in the extent permittedmanner determined by the Administrator and valid under applicable law, each grantee to whom an Award has been made under the Plan mayAdministrator, designate a beneficiary or beneficiaries to exercise the rights of the Participant and to receive any distribution with respect to any Award or receive any payment under any Award payable on or afterupon the grantee’Participant's death. Any such designation shall be on a form provided for that purposeA beneficiary, legal guardian, legal representative, or other person claiming any rights pursuant to the Plan is subject to all terms and conditions of the Plan and any Program or Award Agreement applicable to the Participant, except to the extent the Plan, the Program and the Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriate by the AdministratorAdministrator. 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 until received bywithout the Administrator.prior written or electronic consent of the Participant's spouse or domestic partner. If no beneficiary has been designated or survives the Participant, payment shall be made to the person entitled thereto pursuant to the Participant's will or the laws of descent and distribution. Subject to the foregoing, a beneficiary designation may be changed or revoked by a deceased grantee,Participant at any time provided the change or ifrevocation is delivered to the designated beneficiaries have predeceasedAdministrator prior to the grantee, the beneficiary shall be the grantee’Participant's estate or legal heirs.death.

Designation of Beneficiary. To the extent permitted by the Administrator and valid under applicable law, each grantee to whom an Award has been made under the PlanEach Participant may designate a beneficiary or beneficiaries to exercise any Award or receive anya payment under any Award payable on or after the grantee’Participant’s death. Any such designation shall be on a written or electronic form provided for that purposeapproved by the AdministratorCommittee and shall not be effective until receivedupon its receipt by the Administrator. If no beneficiary has been designatedCompany or an agent selected by a deceased grantee, or if the designated beneficiaries have predeceased the grantee, the beneficiary shall be the grantee’s estate or legal heirs.Company.