Common use of Beneficiary Designations Clause in Contracts

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of Grantee's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased Grantee's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to Grantee's estate.

Appears in 6 contracts

Samples: Performance Rsu Award Agreement (Electronic Data Systems Corp /De/), Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/), Performance Rsu Award Agreement (Electronic Data Systems Corp /De/)

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Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of GranteeGxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeGxxxxxx's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeGxxxxxx's estate.

Appears in 5 contracts

Samples: Performance Rsu Award Agreement (Electronic Data Systems Corp /De/), Performance Rsu Award Agreement (Electronic Data Systems Corp /De/), Performance Rsu Award Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of Grantee's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeBeneficiary's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to Grantee's estate.

Appears in 3 contracts

Samples: Performance Rsu Award Agreement (Electronic Data Systems Corp /De/), Performance Rsu Award Agreement (Electronic Data Systems Corp /De/), Performance Rsu Award Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. The Grantee may shall file with the Stock Plans Administration Department of EDS, Committee on the form appended to this Award Agreement as Exhibit A or such other form as may be prescribed by EDSthe Company, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due to the Grantee shall be distributed in the event of the death of the Grantee while serving in the employ Service of the Company. The Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDSCommittee. If any designated Beneficiary survives the Grantee but dies before receiving all of the Grantee's ’s benefits hereunder, any remaining benefits due the Grantee shall be distributed to the deceased Grantee's Beneficiary’s estate. If there is no effective Beneficiary designation on file with the Committee at the time of the Grantee's ’s death, or if the designated Beneficiary or Beneficiaries have all predeceased such Grantee, the payment of any remaining benefits shall be made to the Grantee's ’s estate.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Cavco Industries Inc), Restricted Stock Award Agreement (Cavco Industries Inc)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department Secretary of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee Gxxxxxx while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department Secretary of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of GranteeGxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeGxxxxxx's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeGxxxxxx's estate.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department Secretary of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department Secretary of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of Grantee's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased Grantee's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to Grantee's estate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of Grantee's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased Grantee's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to Grantee's estate.. 2008 TRSU (Executive) 4

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of GranteeXxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeBeneficiary's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeXxxxxxx's estate.

Appears in 1 contract

Samples: Performance Rsu Award Agreement (Electronic Data Systems Corp /De/)

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Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated 2008 PRSU 4 Beneficiary survives Grantee but dies before receiving all of GranteeXxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeBeneficiary's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeXxxxxxx's estate.

Appears in 1 contract

Samples: Performance Rsu Award Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of GranteeGxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeGxxxxxx's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeGxxxxxx's estate.. 2008 TRSU (Executive) 5

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. Grantee may file with the Stock Plans Administration Department Secretary of EDS, on such form as may be prescribed by EDS, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due Grantee shall be distributed in the event of the death of Grantee Xxxxxxx while serving in the employ of the Company. Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department Secretary of EDS. If any designated Beneficiary survives Grantee but dies before receiving all of GranteeXxxxxxx's benefits hereunder, any remaining benefits due Grantee shall be distributed to the deceased GranteeXxxxxxx's estate. If there is no effective Beneficiary designation on file at the time of Grantee's death, or if the designated Beneficiary or Beneficiaries have all predeceased Grantee, the payment of any remaining benefits shall be made to GranteeXxxxxxx's estate.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Electronic Data Systems Corp /De/)

Beneficiary Designations. The Grantee may shall file with the Stock Plans Administration Department Secretary of EDS, the Company on the form annexed hereto as Exhibit B or such other form as may be prescribed by EDSthe Company, a designation of one or more beneficiaries (each, a "Beneficiary") to whom shares otherwise due the Grantee shall be distributed in the event of the death of Grantee while serving in the employ of the CompanyGrantee. The Grantee shall have the right to change the Beneficiary or Beneficiaries from time to time; provided, however, that any change shall not become effective until received in writing by the Stock Plans Administration Department Secretary of EDSthe Company. If any designated Beneficiary survives the Grantee but dies before receiving all of the Grantee's ’s benefits hereunder, any remaining benefits due the Grantee shall be distributed to the deceased Grantee's Beneficiary’s estate. If there is no effective Beneficiary designation on file at the time of the Grantee's ’s death, or if the designated Beneficiary or Beneficiaries have all predeceased such Grantee, the payment of any remaining benefits shall be made to the Grantee's ’s estate.

Appears in 1 contract

Samples: Incentive Plan (Edge Petroleum Corp)

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