Each Participant may designate a beneficiary or beneficiaries to receive, in the event of such Participant’s death, any Award amounts due to the Participant under the Plan. Each Participant shall have the right to revoke any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shall be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.

Each Participant may designate aunder the Plan may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively) to receive,whom any benefit under the Plan is to be paid in the eventcase of his or her death before he or she receives any or all of such Participant’s death, any Award amounts due tobenefit. Each such designation shall revoke all prior designations by the same Participant, shall be in a form prescribed the Company, and will be effective only when filed by the Participant underin writing with the Plan. Each Participant shall haveCompany during the right to revokeParticipant's lifetime. In the absence of any such designation and to redesignate a beneficiary or beneficiaries by written notice todesignation, benefits remaining unpaid at the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the ParticipantParticipant's death shall be paid to the Participant’Participant's estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.

Each Participant may designate aunder this Plan may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively) to receive,whom any benefit under this Plan is to be paid in the eventcase of his death before he receives any or all of such Participant’s death, any Award amounts due tobenefit. Each such designation shall revoke all prior designations by the same Participant, shall be in a form prescribed by the Committee, and will be effective only when filed by the Participant underin writing with the Plan. Each Participant shall haveCompany during the right to revokeParticipant’s lifetime. In the absence of any such designation and to redesignate a beneficiary designation, benefits remaining unpaid or beneficiaries by written notice torights remaining unexercised at the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the ParticipantParticipant’s death shall be paid to or exercised by the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claimexecutor, administrator, or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.legal representative.

Each Participant may designate aunder the Plan may, from time to time, name any beneficiary or beneficiaries (who may be named contingently or successively) to receive,whom any benefit under the Plan is to be paid in the eventcase of his or her death before he or she receives any or all of such Participant’s death, any Award amounts due tobenefit. Each such designation shall revoke all prior designations by the same Participant, shall be in a form prescribed by the Compensation Committee, and will be effective only when filed by the Participant underin writing with the Plan. Each Participant shall haveCompany during the right to revokeParticipant’s lifetime. In the absence of any such designation and to redesignate a beneficiary or beneficiaries by written notice todesignation, benefits remaining unpaid at the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the ParticipantParticipant’s death shall be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.

EachNotwithstanding [Section 10.3(a)] hereof, a Participant maymay, in the manner determined by the Administrator, designate a beneficiary or beneficiaries to receive, inexercise the eventrights of such Participant’s death, any Award amounts due to the Participant under the Plan. Each Participant shall have the right to revoke any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shall be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and to receive any distribution with respect to any Award upon the Participant's death. A 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 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 subject in any manner to any claims of any creditoreffective without the prior written or electronic consent of the ParticipantParticipant's spouse or beneficiary, and any attempt to take any such action shall be null and void. Duringdomestic partner. If no beneficiary has been designated or survives the lifetime of a Participant, payment of an Award shall only be made to the Participant.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 Participant at any time provided the change or revocation is delivered to the Administrator prior to the Participant's death.

Section # Beneficiary Designation. Each Participant may designate aname, from time to time, any beneficiary or beneficiaries (who may be named contingently or successively) to receive,whom any benefit under the Plan is to be paid in case the eventParticipant should die or become Disabled before receiving any or all of suchhis or her Plan benefits. Each beneficiary designation will revoke all prior designations by the same Participant, must be in a form prescribed by the Committee, and must be made during the Participant’s death, any Award amounts due tolifetime. If the Participant’s designated beneficiary predeceases the Participant underor no beneficiary has been designated, benefits remaining unpaid at the Plan. Each Participant shall have the right to revoke any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shallParticipant’s death will be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claimestate or right of such Participant underother entity described in the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecated by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.Agreement.

Each Participant may designate a beneficiary or beneficiaries to receive, in the event of such Participant’s death, any Award amounts due to the Participant under the Plan. Each Participant shall have the right to revoke any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shall be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may notname, from time to time, any beneficiary or beneficiaries (who may be sold, transferred, assigned, pledged, encumberednamed contingently or hypothecatedsuccessively) to whom any benefit under the Plan is to be paid in case of his death before he receives any or all of such benefit. Each designation will revoke all prior designations by the same Participant, shall be in a form prescribed by the Committee, and will be effective only when filed by the Participant and shall not be subject in any manner to any claimswriting with the Committee during his lifetime. In the absence of any creditor ofsuch designation, benefits remaining unpaid at the Participant or beneficiary, and any attempt to take any such actionParticipant’s death shall be null and void. During the lifetime of a Participant, payment of an Award shall only be madepaid to the Participant.his estate.

Each Participant may designate a beneficiary or beneficiaries to receive, in the event of such Participant’s death,receive any Award amounts due to the Participant under the Plan. Each Participant shall have the right to revoke any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shallpayments which may be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participantmade under the Plan following the Participant’s death. Such designation may not be sold, transferred, assigned, pledged, encumberedchanged or hypothecatedcancelled at any time without the consent of any beneficiary. Any such designation, change or cancellation must be made in a form approved by the ParticipantCommittee and shall not be subjecteffective until received by the Committee. If no beneficiary is named or the designated beneficiary or beneficiaries predecease the Participant, the Participant’s beneficiary under the Plan 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 rights of such beneficiaries shall be payable in any manner to any claims of any creditor ofequal shares, unless the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.has designated otherwise.

Each ParticipantDesignation of Beneficiary. To the extent permitted by the Company, each grantee to whom an Award has been made under the Plan may designate a beneficiary or beneficiaries to receive, in the event of such Participant’s death,exercise any Award amounts due toor receive any payment under any Award payable on or after the Participant under the Plan. Each Participant shall have the right to revoke anygrantee’s death. Any such designation and to redesignate a beneficiary or beneficiaries by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shall be paid to the Participant’s estate. Prior toon a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecatedform provided for that purpose by the ParticipantCompany and shall not be subject in any manner to any claims of any creditor ofeffective until received by the ParticipantCompany. If no beneficiary has been designated by a deceased grantee, or beneficiary, and any attempt to take any such actionif the designated beneficiaries have predeceased the grantee, the beneficiary shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.grantee’s estate.

Designation of Beneficiary. Each Participant may designate a beneficiary or beneficiaries to receive, in the event of such Participant’s death,exercise any Award amounts due toor receive a payment under any Award payable on or after the Participant under the Plan. Each Participant shall have the right to revoke anyParticipant’s death. Any such designation shall be on a written or electronic form approved by the Committee and to redesignate a beneficiary or beneficiariesshall be effective upon its receipt by written notice to the Company to such effect. If any Participant dies without naming a beneficiary or if all of the beneficiaries named by a Participant predecease the Participant, then any Award amounts due to the Participant shall be paid to the Participant’s estate. Prior to a Participant’s death, except as otherwise required by applicable law, any interest, benefit, payment, claim or right of such Participant under the Plan may not be sold, transferred, assigned, pledged, encumbered or hypothecatedan agent selected by the Participant and shall not be subject in any manner to any claims of any creditor of the Participant or beneficiary, and any attempt to take any such action shall be null and void. During the lifetime of a Participant, payment of an Award shall only be made to the Participant.Company.