Common use of Beneficiary Acknowledgement Clause in Contracts

Beneficiary Acknowledgement. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Bank or its designated agent.

Appears in 9 contracts

Samples: Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.), Split Dollar Life Insurance Agreement (Wilson Bank Holding Co), Salisbury Bank and Trust Company (Salisbury Bancorp, Inc.)

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Beneficiary Acknowledgement. No designation or change in designation of a Beneficiary shall be effective until received, accepted accepted, and acknowledged in writing by the Bank or its designated agent.

Appears in 8 contracts

Samples: Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc), Split Dollar Life Insurance Agreement (Square 1 Financial Inc)

Beneficiary Acknowledgement. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Bank Employer or its designated agent.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (ConnectOne Bancorp, Inc.)

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Beneficiary Acknowledgement. No designation or change in designation of a Beneficiary shall be effective until received, accepted and acknowledged in writing by the Bank or its designated agent. 5.3.

Appears in 1 contract

Samples: 1 Split Dollar Life Insurance Agreement This Agreement (Customers Bancorp, Inc.)

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