Beneficiary definition

Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.
Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.
Beneficiary means one or more persons, trusts, estates or other entities, designated in accordance with Article 9, that are entitled to receive benefits under this Plan upon the death of a Participant.

Examples of Beneficiary in a sentence

  • Beneficiary County assigns to Recipient the entire right, title, and interest in and to all causes of action, either in law or equity, for past, present or future infringement of intellectual property rights related to the Work Products and all works based on, derived from, or incorporating the Work Product.

  • Beneficiary County receiving Services provided by a Recipient County shall comply with the federal provisions and requirements set forth herein and shall ensure the compliance of its employees, agents, assigns, volunteers, contractors, and subcontractors, with the federal provisions and requirements set forth herein.

  • See the section titled Beneficiary Payouts in this disclosure statement regarding beneficiaries’ required minimum distributions.

  • Beneficiary County shall use its own documented procurement procedures which reflect applicable State, local, and Tribal laws and regulations, provided that the procurements conform to applicable Federal law and the standards identified in the Uniform Guidance, including without limitation, C.F.R. §§200.318 through 200.326 thereof.

  • Beneficiary County shall execute applications, assignments, or other documents and shall render all reasonable assistance to Recipient and CDPHE in enabling CDPHE to secure patents, copyrights, licenses, and other intellectual property rights related to the Work Product.


More Definitions of Beneficiary

Beneficiary means the person, persons, trust or trusts which have been designated by an Eligible Person in his or her most recent written beneficiary designation filed with the Company to receive the benefits specified under this Plan upon the death of the Eligible Person, or, if there is no designated Beneficiary or surviving designated Beneficiary, then the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.
Beneficiary means the persons or entities designated or deemed designated by the Executive pursuant to Section 11.2 herein.
Beneficiary means the person, persons, trust or trusts designated by a Participant, or, in the absence of a designation, entitled by will or the laws of descent and distribution, to receive the benefits specified in the Award Agreement and under this Plan if the Participant dies, and means the Participant’s executor or administrator if no other Beneficiary is designated and able to act under the circumstances.
Beneficiary means a person that:
Beneficiary means a person entitled to receive payments or other benefits or exercise rights that are available under the Plan in the event of the Participant’s death. If no such person is named by a Participant, or if no Beneficiary designated by the Participant is eligible to receive payments or other benefits or exercise rights that are available under the Plan at the Participant’s death, such Participant’s Beneficiary shall be such Participant’s estate.
Beneficiary means the entity for whose sole benefit the trust has been established and any successor of the beneficiary by operation of law. If a court of law appoints a successor in interest to the named beneficiary, then the named beneficiary includes and is limited to the court-appointed domiciliary receiver (including conservator, rehabilitator or liquidator).
Beneficiary means a person chosen, on a form approved by Prudential, to receive the insurance benefits.