Common use of No Beneficiary Designation Clause in Contracts

No Beneficiary Designation. If any Participant fails to designate a Beneficiary in the manner provided above, if the designation is void, or if the Beneficiary designated by a deceased Participant dies before the Participant or before complete distribution of the Participant's benefits, the Participant's Beneficiary shall be the person in the first of the following classes in which there is a survivor:

Appears in 6 contracts

Samples: Agreement (Interpublic Group of Companies Inc), Grant Agreement (Aerobic Creations, Inc.), Grant Agreement (Aerobic Creations, Inc.)

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No Beneficiary Designation. If any Participant fails to designate a Beneficiary in the manner provided above, if the designation is void, or if the Beneficiary designated by a deceased Participant dies before the Participant or before complete distribution of the Participant's ’s benefits, the Participant's ’s Beneficiary shall be the person in the first of the following classes in which there is a survivor:

Appears in 4 contracts

Samples: Ametek (Ametek Inc/), Keycorp /New/, Ametek Inc/

No Beneficiary Designation. If any the Participant fails to designate a Beneficiary in the manner provided above, if the designation is void, or if the Beneficiary designated by a deceased the Participant dies before the Participant or before complete distribution of the Participant's benefits, the Participant's Beneficiary shall be the person in the first of the following classes in which there is a survivor:: (a) The Participant's spouse;

Appears in 1 contract

Samples: Stock Appreciation Right Agreement (Motivepower Industries Inc)

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No Beneficiary Designation. If any Participant fails to designate a Beneficiary in the manner provided above, or if the designation is void, or if the Beneficiary designated by a deceased Participant dies before the Participant or before complete distribution of the Participant's benefits, the Participant's Beneficiary beneficiary shall be the person in the first of the following classes in which there is a survivor:

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Riggs National Corp)

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