Designated Beneficiaries Sample Clauses

Designated Beneficiaries. All designated Beneficiaries must be identified by name, date of birth, and social security number.
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Designated Beneficiaries. 1. The following entities may be awarded a grant under the Programme without a call for proposals:
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Designated Beneficiaries. All designated Beneficiaries must be identified by name, date of birth, and social security number. Hilltop Securities will not accept designations of "per stirpes" or "per capita."
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Designated Beneficiaries a. In the event of the death of the Producer, the beneficiary designated in Section 6 of this Agreement may assume the obligations of Producer under this Agreement provided such person gives written notice to KFHP-GA within thirty (30) days of Producer's death of the intent to assume this Agreement and also performs all the conditions in Subsection 4.3(b) below within the one (1) year period following the death of the Producer. Such person shall have no right, interest or claim against KFHP-GA until such person has satisfied all conditions of the assumption set forth below under Subsection 4.3(b) of this Agreement. Furthermore, such person's rights under this Agreement (including the payment of commissions) accrue only after the date upon which KFHP-GA consents to assumption of this Agreement, and such person shall have no claim (including a claim for commission) except for those accruing from services rendered by such person after the effective date of assumption.
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Designated Beneficiaries. Death of Executive or Designated Beneficiary. A "Designated Beneficiary" to whom amounts are payable under this Subsection 6(c) shall be the person designated in writing by the Executive on a form substantially similar to the form attached hereto as Schedule B (a "Beneficiary Designation Form") that is delivered to the Company prior to the Executive's death. Any such Beneficiary Designation Form may be revoked in writing by the Executive or may be changed, without the consent of any prior Designated Beneficiary, by the Executive's delivery to the Company of a Beneficiary Designation Form of later date revoking the prior form or specifying a new Designated Beneficiary. If the Executive fails to designate a Designated Beneficiary or if a Designated Beneficiary does not survive the Executive, all installments payable hereunder shall be paid to the Executive's personal representative or pursuant to the terms of the Executive's will or the laws of descent and distribution. If a Designated Beneficiary survives the Executive, but dies prior to receiving all remaining installment payments to be paid hereunder, any remaining installment payments shall be paid to the Designated Beneficiary's personal representative or pursuant to the terms of such Designated Beneficiary's will or the laws of descent and distribution.
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Designated Beneficiaries a. First Beneficiary Full Name Relationship To Agent Date of Birth /s/ Anne X. Xxxxxxxx Wife 5/3/50
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Designated Beneficiaries. As Account Owner, You name the individual, called the “Designated Beneficiary,” on whose behalf the payments from the Account will be made. You are not permitted to change the person identified as the Designated Beneficiary on your Account. If the individual named the Designated Beneficiary is unable to use any amount of the benefits in the Account, You may seek a Non-Qualified Withdrawal or Rollover Distribution of the Account benefits as explained below. Changing Account Owners The Account Owner can be changed if the current Account Owner requests transfer on a Transfer of Account Owner Form, or becomes disabled, divorces or dies. If there is a Successor Owner designated in writing, then the Successor Owner becomes the Account Owner. If the Account Owner becomes disabled and has not named a Successor Owner, ownership of the Account will be changed upon receipt of proper authorization acceptable to the Board of Trustees. If a Successor Owner has not been named by the Account Owner and the change is due to divorce, the Account Owner will be changed based on the instructions contained in the final divorce decree. If a Successor Owner has not been named by the Account Owner and the Account Owner dies, ownership of the Account will be changed when we receive a certified copy of the death certificate and authorization acceptable to the Board of Trustees. The Designated Beneficiary may be named the Account Owner unless he or she is a minor, in which case a qualified adult must be named. Please contact the SMART529 Service Center for any instructions or forms needed to change the Account Owner or to name or change a Successor Owner. Making Contributions You contribute to your Account on a preset payment schedule as selected by the Account Owner upon enrolling in the Plan, by a lump sum payment or by monthly installments. The maximum contribution amount for an Account under the Prepaid Tuition Plan is the sum necessary to purchase 10 semester Units, which is the equivalent of five, two-semester academic years at a West Virginia public university or college. No more than 10 Units may be purchased on behalf of any Designated Beneficiary, regardless of the number of Accounts for which a person is named the Designated Beneficiary. Contributions will be credited to your Account when the documentation received from You is complete and in good order. Federal income tax laws require that a limit be placed on the total amount that can be in this Account along with any oth...
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Related to Designated Beneficiaries

  • Designated Beneficiary The individual who is designated as the Beneficiary under the Plan and is the designated beneficiary under Section 401(a)(9) of the Internal Revenue Code and Section 1.401(a)(9)-1, Q&A-4, of the Treasury regulations.

  • No Designated Beneficiary If the Participant dies before the date distributions begin and there is no designated beneficiary as of September 30 of the year following the year of the Participant’s death, distribution of the Participant’s entire interest will be completed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death.

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent beneficiaries of any amounts to be received under this Agreement. Such designation must be in the form of a signed writing acceptable to the Board or the Board's designee. The Executive may make or change such designation at any time.

  • Spouse The spouse of an eligible employee (if legally married under Minnesota law). For the purposes of health insurance coverage, if that spouse works full-time for an organization employing more than one hundred (100) people and elects to receive either credits or cash (1) in place of health insurance or health coverage or (2) in addition to a health plan with a seven hundred and fifty dollar ($750) or greater deductible through his/her employing organization, he/she is not eligible to be a covered dependent for the purposes of this Article. If both spouses work for the State or another organization participating in the State's Group Insurance Program, neither spouse may be covered as a dependent by the other, unless one spouse is not eligible for a full Employer Contribution as defined in Section 3A. Effective January 1, 2015 if both spouses work for the State or another organization participating in the State’s Group Insurance Program, a spouse may be covered as a dependent by the other.

  • Protected Benefits The elections under this Article VI may not eliminate Code Section 411(d)(6) protected benefits. To the extent the elections would eliminate a Code Section 411(d)(6) protected benefit, see Section 13.02 of the Plan. Furthermore, if the elections liberalize the optional forms of benefit under the Plan, the more liberal options apply on the later of the adoption date or the Effective Date of this Adoption Agreement.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Payments to Plan Participants and Their Beneficiaries (a) Company shall deliver to Trustee a schedule (the "Payment Schedule") that indicates the amounts payable in respect of each Plan participant (and his or her beneficiaries), that provides a formula or other instructions acceptable to Trustee for determining the amounts so payable, the form in which such amount is to be paid (as provided for or available under the Plan), and the time of commencement for payment of such amounts. Except as otherwise provided herein, Trustee shall make payments to the Plan participants and their beneficiaries in accordance with such Payment Schedule. The Trustee shall make provision for the reporting and withholding of any federal, state or local taxes that may be required to be withheld with respect to the payment of benefits pursuant to the terms of the Plan and shall pay amounts withheld to the appropriate taxing authorities or determine that such amounts have been reported, withheld and paid by Company.

  • Lifetime Benefits This Letter of Understanding forms an integral part of the collective agreement, and is intended to continue in effect during the term of subsequent collective agreements to the extent provided for herein.

  • Designation of Beneficiaries The Executive may designate any person to receive any benefits payable under the Agreement upon the Executive’s death, and the designation may be changed from time to time by the Executive by filing a new designation. Each designation will revoke all prior designations by the Executive, shall be in the form prescribed by the Administrator and shall be effective only when filed in writing with the Administrator during the Executive’s lifetime. If the Executive names someone other than the Executive’s spouse as a Beneficiary, the Administrator may, in its sole discretion, determine that spousal consent is required to be provided in a form designated by the Administrator, executed by the Executive’s spouse and returned to the Administrator. The Executive’s beneficiary designation shall be deemed automatically revoked if the Beneficiary predeceases the Executive or if the Executive names a spouse as Beneficiary and the marriage is subsequently dissolved.

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