Designation of Beneficiary Form. To ensure prompt payment of College compensation (such as unused vacation or terminal pay) to the employee’s beneficiary, Human Resources provides a Designation of Beneficiary Form that is placed in the employee’s personnel file. It is the responsibility of the employee to submit a new form should their beneficiary information change. This form is only for items under the employer’s control and it will be necessary for the employee to execute similar documents for other benefits controlled by a third party such as life insurance, pension and long term disability insurance. Free course tuition for credit and non-credit courses at the College (with provision for waiver identical to active employees) will be provided to the eligible dependents (as defined by the Internal Revenue Service) of bargaining unit members who die while employed, provided the employee has given the College the equivalent of ten years of continuous full-time service.
Designation of Beneficiary Form. To ensure prompt payment of College compensation (such as unused vacation or terminal pay) to the employee’s beneficiary, Human Resources provides a Designation of Beneficiary Form that is placed in the employee’s personnel file. It is the responsibility of the employee to submit a new form should their beneficiary information change. This form is only for items under the employer’s control and it will be necessary for the employee to execute similar documents for other benefits controlled by a third party such as life insurance, pension and long term disability insurance.
Designation of Beneficiary Form. In connection with the Performance Compensation Award (the "Award") entered into as of ___, 200_ between Capital Trust, Inc. (the "Company") and ___________, an individual residing at ________________ ("Participant"), Participant hereby designates the person specified below as the beneficiary of Participant's interest in cash incentive compensation due and payable pursuant to the Award. This designation shall remain in effect until revoked in writing by Participant. Name of Beneficiary: ---------------------------------- Address: ---------------------------------- ---------------------------------- Social Security No.: ---------------------------------- Participant understands that this designation operates to entitle the above-named beneficiary to the rights conferred by the Award from the date this form is delivered to the Company until such date as this designation is revoked in writing by Participant, including by delivery to the Company of a written designation of beneficiary executed by Participant on a later date. Date: ----------------------- By: ----------------------- [Participant Signature] Sworn to before me this ____ day of ____________, 200_ ______________________________ Notary Public County of_____________________
