Common use of Amendments to Beneficiary Designation Clause in Contracts

Amendments to Beneficiary Designation. Any Beneficiary designation may be changed by Director without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the Administrator. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an Director’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 6 contracts

Samples: Deferred Fee Agreement (Santa Lucia Bancorp), Deferred Fee Agreement (Santa Lucia Bancorp), Deferred Fee Agreement (Santa Lucia Bancorp)

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Amendments to Beneficiary Designation. Any Beneficiary designation Designation Form may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations Beneficiary(ies) previously fileddesignated. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 4 contracts

Samples: Supplemental Compensation Agreement, Supplemental Compensation Agreement (BayCom Corp), Supplemental Compensation Agreement (BayCom Corp)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation Form may be changed by Director Executive without the consent of any designated Designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 2 contracts

Samples: Executive Supplemental Compensation Agreement (California BanCorp), Executive Supplemental Compensation Agreement (California BanCorp)

Amendments to Beneficiary Designation. Any Beneficiary designation may be changed by Director a Participant without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorCommittee. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an Directora Participant’s compensation Compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 2 contracts

Samples: North Bay Bancorp/Ca, Heritage Commerce Corp

Amendments to Beneficiary Designation. Any Beneficiary designation Designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorBank. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an Director’s Executive's compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 2 contracts

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.), Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Amendments to Beneficiary Designation. Any Beneficiary designation may be changed by Director without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the Administrator. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an a Director’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 2 contracts

Samples: Deferred Fee Agreement (Heritage Commerce Corp), Deferred Fee Agreement (Heritage Commerce Corp)

Amendments to Beneficiary Designation. Any Beneficiary beneficiary designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the Administrator. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 2 contracts

Samples: Santa Lucia Bank (Santa Lucia Bancorp), Santa Lucia Bank (Santa Lucia Bancorp)

Amendments to Beneficiary Designation. Any Beneficiary beneficiary designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorBank. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an Director’s Executive's compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Amendments to Beneficiary Designation. Any Beneficiary beneficiary designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorBank. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Supplemental Compensation Agreement (Columbia Banking System Inc)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation Form may be changed by Director Executive without the consent of any designated Designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations Designation Forms previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation Designation Form shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (California BanCorp)

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Amendments to Beneficiary Designation. Any Beneficiary designation Designation may be changed by Director Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorBank. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Columbia Banking System Inc)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation Form may be changed by Director Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Five Star Bancorp)

Amendments to Beneficiary Designation. Any Beneficiary designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorChief Financial Officer of the Company. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an Directorthe Executive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Retirement Agreement (R H Donnelley Corp)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation Form may be changed by Director Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations previously filed. If an Director’s Executive's compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation may be changed by Director Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation Designation Form with the AdministratorBank. The filing of a new Beneficiary designation form Designation Form will cancel all Beneficiary designations previously filed. If an Director’s Executive's compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Executive Supplemental Compensation Agreement (Columbia Banking System, Inc.)

Amendments to Beneficiary Designation. Any Beneficiary designation Designation may be changed by Director the Executive without the consent of any designated Beneficiary by the filing of a new Beneficiary designation with the AdministratorBank. The filing of a new Beneficiary designation form will cancel all Beneficiary designations previously filed. If an DirectorExecutive’s compensation is community property, any Beneficiary designation shall be valid or effective only as permitted under applicable law.

Appears in 1 contract

Samples: Retirement Plan Agreement (Columbia Banking System Inc)

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