Common use of Designation of Death Beneficiary Clause in Contracts

Designation of Death Beneficiary. Notwithstanding anything to the contrary contained herein or in the Plan, following the execution of this Deferral Agreement, you may expressly designate a death beneficiary (the “Death Beneficiary”) to your rights and interest under this Deferral Agreement. You may only designate your Death Beneficiary by completing and executing a designation of death beneficiary agreement substantially in the form attached hereto as Exhibit C (“Designation of Death Beneficiary”) and delivering an executed copy of the Designation of Death Beneficiary to the Company. In the absence of a valid Designation of Death Beneficiary by you, your estate will be treated as your beneficiary for all Plan purposes.

Designation of Death Beneficiary. Notwithstanding anything to the contrary contained herein or in the Plan, following the execution of this Deferral Award Agreement, you may expressly designate a death beneficiary (the “Death Beneficiary”) to your rights and interest under this Deferral Agreementin the Option awarded hereby. You may only shall designate your the Death Beneficiary by completing and executing a designation of death beneficiary agreement substantially in the form attached hereto as Exhibit C D (the “Designation of Death Beneficiary”) and delivering an executed copy of the Designation of Death Beneficiary to the Company. In the absence of a valid Designation of Death Beneficiary by youdeath beneficiary designation, your estate will be treated as your death beneficiary for all Plan purposesof this Option in the event of your death while it is outstanding.