Common use of Procedure for Review of Denial of Benefits Clause in Contracts

Procedure for Review of Denial of Benefits. 13.1 The Company's board of directors shall be the administrator (the "Administrator") of this Agreement. The Administrator shall determine the rights under this Agreement of Executive, of any Beneficiary of Executive, of any surviving or former spouse of executive, or of any legatees or heirs of Executives (the potential "Claimants"). If a Claimant disputes the Administrator's determination of benefits under this Agreement, he, she, or it may file a written claim for benefits with the Administrator, provided that, in the case of any Claimant to whom the Administrator has directed a written notification of the administrator's determination, the claim is filed within 60 days of the date the Claimant receives such notification.

Appears in 6 contracts

Samples: Executive Deferred Compensation Agreement (PLM International Inc), Executive Deferred Compensation Agreement (PLM International Inc), Executive Deferred Compensation Agreement (PLM International Inc)

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