Common use of Primary Beneficiary Clause in Contracts

Primary Beneficiary. If the Grantee designates more than one Primary Beneficiary and one of the Grantee’s Primary Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Primary Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Social Security Number If no Primary Beneficiary survives the Grantee, the Grantee hereby designates the following as Beneficiary. CONTINGENT BENEFICIARY. If the Grantee designates more than one Contingent Beneficiary and one of the Grantee’s Contingent Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Contingent Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Social Security Number The Grantee reserves the full right to revoke or modify this designation at any time by filing a subsequent written designation. Any Beneficiary Designation Form is effective only when acknowledged and accepted by a representative of the Company. Upon acknowledgment and acceptance by the Company, all previous Beneficiary Designation Forms are hereby revoked. Grantee’s Name (Printed) Signature of Grantee Date ACKNOWLEDGMENT AND ACCEPTANCE For the Company Date

Appears in 1 contract

Samples: Nonqualified Stock Option Award Agreement (Kior Inc)

AutoNDA by SimpleDocs

Primary Beneficiary. If the Grantee designates more than one Primary Beneficiary and one of the Grantee’s Primary Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Primary Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Restricted Stock Social Security Number If no Primary Beneficiary survives the Grantee, the Grantee hereby designates the following as Beneficiary. CONTINGENT BENEFICIARY. If the Grantee designates more than one Contingent Beneficiary and one of the Grantee’s Contingent Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Contingent Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Restricted Stock Social Security Number The Grantee reserves the full right to revoke or modify this designation at any time by filing a subsequent written designation. Any Beneficiary Designation Form is effective only when acknowledged and accepted by a representative of the Company. Upon acknowledgment and acceptance by the Company, all previous Beneficiary Designation Forms are hereby revoked. Grantee’s Name (Printed) Signature of Grantee Date ACKNOWLEDGMENT AND ACCEPTANCE For the Company Date

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Kior Inc)

Primary Beneficiary. If the Grantee designates more than one Primary Beneficiary and one of the Grantee’s Primary Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Primary Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option RSUs Social Security Number If no Primary Beneficiary survives the Grantee, the Grantee hereby designates the following as Beneficiary. CONTINGENT BENEFICIARY. If the Grantee designates more than one Contingent Beneficiary and one of the Grantee’s Contingent Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the Grantee’s remaining surviving Contingent Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option RSUs Social Security Number The Grantee reserves the full right to revoke or modify this designation at any time by filing a subsequent written designation. Any Beneficiary Designation Form is effective only when acknowledged and accepted by a representative of the Company. Upon acknowledgment and acceptance by the Company, all previous Beneficiary Designation Forms are hereby revoked. Grantee’s Name (Printed) Signature of Grantee Date ACKNOWLEDGMENT AND ACCEPTANCE For the Company Date

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Kior Inc)

AutoNDA by SimpleDocs

Primary Beneficiary. If the Grantee Employee designates more than one Primary Beneficiary and one of the GranteeEmployee’s Primary Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the GranteeEmployee’s remaining surviving Primary Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Social Security Number If no Primary Beneficiary survives the GranteeEmployee, the Grantee Employee hereby designates the following as Beneficiary. CONTINGENT BENEFICIARY. If the Grantee Employee designates more than one Contingent Beneficiary and one of the GranteeEmployee’s Contingent Beneficiaries predeceases him or her, that person’s share will be allocated pro rata to the GranteeEmployee’s remaining surviving Contingent Beneficiaries. (Please Print) Name and Address Date of Award Agmt # of Option Social Security Number The Grantee Employee reserves the full right to revoke or modify this designation at any time by filing a subsequent written designation. Any Beneficiary Designation Form is effective only when acknowledged and accepted by a representative of the Company. Upon acknowledgment and acceptance by the Company, all previous Beneficiary Designation Forms are hereby revoked. GranteeEmployee’s Name (Printed) Signature of Grantee Employee Date ACKNOWLEDGMENT AND ACCEPTANCE For the Company Date

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Kior Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.