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Common use of After Death Clause in Contracts

After Death. After the death of an alternate payee, all amounts awarded to the alternate payee which have not been distributed to the alternate payee and which continue to be payable shall be paid in a single lump sum distribution to the personal representative of the alternate payee's estate as soon as administratively feasible, unless the qualified domestic relations order clearly provides otherwise. The Participant's Beneficiary designation shall not be effective to dispose of any portion of the benefit awarded to an alternate payee, unless the qualified domestic relations order clearly provides otherwise.

Appears in 2 contracts

Samples: Pension Plan Trust Agreement (Entegris Inc), Employee Stock Ownership Plan Trust Agreement (Entegris Inc)

After Death. After the death of an alternate payeeAlternate Payee, all amounts awarded to the alternate payee Alternate Payee which have not been distributed to the alternate payee Alternate Payee and which continue to be payable shall be paid in a single lump sum distribution to the personal representative of the alternate payee's Alternate Payee’s estate as soon as administratively feasible, unless the qualified domestic relations order clearly provides otherwise. The Participant's ’s Beneficiary designation shall not be effective to dispose of any portion of the benefit awarded to an alternate payeeAlternate Payee, unless the qualified domestic relations order clearly provides otherwise.

Appears in 1 contract

Samples: Retirement Plan (Piper Jaffray Companies)

After Death. After the death of an alternate payee, all amounts awarded to the alternate payee which have not been distributed to the alternate payee and which continue to be payable shall be paid in a single lump sum distribution to the personal representative of the alternate payee's estate as soon as administratively feasible, feasible unless the qualified domestic relations order clearly provides otherwise. The Participant's Beneficiary beneficiary designation shall not be effective to dispose of any portion of the benefit awarded to an alternate payee, payee unless the qualified domestic relations order clearly provides otherwise.

Appears in 1 contract

Samples: Adoption Agreement (Western Bancorp)