Common use of Beneficiary Designation Clause in Contracts

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 31 contracts

Samples: Direct Focus Inc, Defined Contribution Maser Plan and Trust Agreement (Washington Homes Inc), Defined Contribution Prototype Plan and Trust Agreement (Indian Village Bancorp Inc)

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Beneficiary Designation. Any Participant may from time to time ----------------------- designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 8 contracts

Samples: Adoption Agreement (Hollis Eden Pharmaceuticals Inc /De/), Adoption Agreement (Channell Commercial Corp), Contribution Prototype Plan and Trust Agreement (Global Imaging Systems Inc)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Administrative Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Administrative Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 4 contracts

Samples: Summit Care Corp, Conagra Inc /De/, Goodmark Foods Inc

Beneficiary Designation. Any Participant may from time ----------------------- to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 3 contracts

Samples: Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Contribution Master Plan and Trust Agreement (Modine Manufacturing Co), Contribution Master Plan and Trust Agreement (Modine Manufacturing Co)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the on event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 2 contracts

Samples: Employee Stock Ownership Plan And (Edwards J D & Co), Liberty Bancshares Inc /Mo

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 2 contracts

Samples: Stock Ownership Plan and Trust Agreement (Exigent International Inc), And Trust Agreement (Millers Mutual Fire Insurance Co)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will shall pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the on event of his death and the Participant may designate the form and method of paymentdeath. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Deferral Plan and Trust Agreement (Flow International Corp)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the on event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Plan and Trust Agreement (DST Systems Inc)

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Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will shall pay his Nonforfeitable Accrued Benefit Account Balance (including any life insurance proceeds payable to the Participant's Account) in the on event of his death and the Participant may designate the form and method of paymentdeath. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Plan and Trust Agreement (Flow International Corp)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will win pay his Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing fling the form with the Advisory Committee, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Gart Sports Co

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, including a trust or other entity, contingently or successively, to whom the Trustee will shall pay his or her Nonforfeitable Accrued Benefit (including any life insurance proceeds payable to the Participant's ’s Account) in the on event of his death and the Participant may designate the form and method of paymentor her death. The Advisory Plan Administration Committee will shall prescribe the form for the written designation of Beneficiary and, upon the Participant's ’s filing the form with the Advisory Plan Administration Committee, the form it effectively revokes shall revoke all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Plan and Trust Agreement

Beneficiary Designation. Any Participant may from time to time ------------------------ designate, in writing, any person or persons, contingently or successively, to whom the Trustee will pay his Nonforfeitable Accrued Benefit Account Balance (including any life insurance proceeds payable to the Participant's Account) in the event of his death and the Participant may designate the form and method of payment. The Advisory Committee Plan Administrator will prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory CommitteePlan Administrator, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Plan and Trust (Krispy Kreme Doughnuts Inc)

Beneficiary Designation. Any Participant may from time to time designate, in writing, any person or persons, contingently or successively, to whom the Trustee will shall pay his Nonforfeitable or her Accrued Benefit (including any life insurance proceeds payable to the Participant's Account) in the on event of his the Participant's death and the Participant may designate the form and method time of payment. The Advisory Committee will Plan Administrator shall prescribe the form for the written designation of Beneficiary and, upon the Participant's filing the form with the Advisory CommitteePlan Administrator, the form effectively revokes all designations filed prior to that date by the same Participant.

Appears in 1 contract

Samples: Stock Ownership Plan and Trust Agreement (Caseys General Stores Inc)

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