Named Beneficiary Sample Clauses
POPULAR SAMPLE Copied 1 times
Named Beneficiary. As long as this Agreement is in force, the Employee shall be entitled to specify or revoke and change the Beneficiary or Beneficiaries of a survivor benefit, if any, to be paid at the time of the Employee’s death according to procedures set out by the Bank.
Named Beneficiary. As long as this Plan is in force, the Participant shall be entitled to specify or revoke and change the beneficiary or beneficiaries of a survivor benefit, if any, to be paid at the time of his/her death according to procedures set out by the Employer. No Named Beneficiary shall obtain any vested right to have this Plan continued in force, and it may be amended, modified, terminated in whole or in part by the Company in writing without the consent of any Named Beneficiary.
Named Beneficiary. The Voting Trust shall terminate with respect to Shares so released unless and until such Shares are again transferred to the Voting Trust. Upon the release of Shares, the holder of Voting Trust Certificates representing the released Shares shall surrender the same to the Trustees for cancellation, and upon receipt and cancellation thereof, the Trustees shall transfer the released Shares to such holder.