General Consent. A general consent permits the Participant to change the designated Beneficiary or the optional form of benefit without any requirement of further consent by such Spouse; provided, however, such general consent must acknowledge that the Spouse has the right to limit consent to a specific Beneficiary and a specific optional form of benefit, where applicable, and that the Spouse voluntarily elects to relinquish either or both of such rights.
Appears in 2 contracts
Sources: Adoption Agreement (Fairfax Financial Holdings LTD/ Can), Basic Plan Document (Fairfax Financial Holdings LTD/ Can)