Common use of Beneficiary Designation Clause in Contracts

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan is subject to all terms and conditions of this Award Agreement and the 2007 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 6 contracts

Samples: Incentive Stock Option Award Agreement (Fox Chase Bancorp Inc), Incentive Stock Option Award Agreement (Newport Bancorp Inc), Incentive Stock Option Award Agreement (Chicopee Bancorp, Inc.)

AutoNDA by SimpleDocs

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan is subject to all terms and conditions of this Award Agreement and the 2007 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 6 contracts

Samples: Non Statutory Stock Option Award Agreement (Liberty Bancorp Inc), Non Statutory Stock Option Award Agreement (Fox Chase Bancorp Inc), Non Statutory Stock Option Award Agreement (Polonia Bancorp)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2012 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2012 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2012 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Wellesley Bancorp, Inc.), Restricted Stock Award Agreement (ASB Bancorp Inc), Restricted Stock Award Agreement (Eureka Financial Corp.)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2008 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2008 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2008 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 6 contracts

Samples: Nonqualified Stock Option Award Agreement (PVF Capital Corp), Restricted Stock Award Agreement (PVF Capital Corp), Incentive Stock Option Award Agreement (First South Bancorp Inc /Va/)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2012 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2012 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2012 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (Wellesley Bancorp, Inc.), Restricted Stock Award Agreement (ASB Bancorp Inc), Restricted Stock Award Agreement (Eureka Financial Corp.)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2010 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2010 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2010 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 4 contracts

Samples: Restricted Stock Award Agreement (Mayflower Bancorp Inc), Restricted Stock Award Agreement (Athens Bancshares Corp), Incentive Stock Option Award Agreement (Ocean Shore Holding Co.)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2008 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2008 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2008 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 4 contracts

Samples: Non Statutory Stock Option Award Agreement (First South Bancorp Inc /Va/), Non Statutory Stock Option Award Agreement (Delanco Bancorp, Inc), Restricted Stock Award Agreement (CNB Financial Corp.)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2011 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2011 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2011 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Madison Bancorp Inc), Restricted Stock Award Agreement (Fox Chase Bancorp Inc), Non Statutory Stock Option Award Agreement (FedFirst Financial Corp)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2011 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2011 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2011 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Madison Bancorp Inc), Restricted Stock Award Agreement (Fox Chase Bancorp Inc), Incentive Stock Option Award Agreement (FedFirst Financial Corp)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2009 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2009 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2009 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (BCSB Bancorp Inc.), Restricted Stock Award Agreement (First Capital Inc), Restricted Stock Award Agreement (North Penn Bancorp Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2010 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2010 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2010 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Athens Bancshares Corp), Non Statutory Stock Option Award Agreement (Ocean Shore Holding Co.), Restricted Stock Award Agreement (First Savings Financial Group Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2015 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2015 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2015 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 3 contracts

Samples: Stock Option Agreement (Clifton Bancorp Inc.), Stock Option Agreement (Sandy Spring Bancorp Inc), Stock Option Agreement (Community Financial Corp /Md/)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2016 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2016 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2016 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 2 contracts

Samples: Stock Option Award Agreement (MB Bancorp Inc), Stock Option Award Agreement (Beneficial Bancorp Inc.)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan is subject to all terms and conditions of this Award Agreement and the 2007 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 2 contracts

Samples: Stock Option Agreement (Ottawa Bancorp Inc), Stock Option Award Agreement (Ottawa Bancorp Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2014 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2014 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2014 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 2 contracts

Samples: Non Statutory Stock Option Award Agreement (United Community Bancorp), Incentive Stock Option Agreement (United Community Bancorp)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2006 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2006 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2006 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Pulaski Financial Corp), Incentive Stock Option Award Agreement (United Community Bancorp)

AutoNDA by SimpleDocs

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2009 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2009 Plan is subject to 2 10 all terms and conditions of this Award Agreement and the 2007 2009 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (North Penn Bancorp Inc), Restricted Stock Award Agreement (First Capital Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2011 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2011 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2011 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the CompanyBank.

Appears in 2 contracts

Samples: Non Statutory Stock Option Award Agreement (Cordia Bancorp Inc), Incentive Stock Option Award Agreement (Cordia Bancorp Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2006 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2006 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2006 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (United Community Bancorp)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan hereunder and to receive any distribution with respect to this Option the Options upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan hereunder is subject to all terms and conditions of this Award Agreement and the 2007 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not no beneficiary has been designated a beneficiary or none survives you, the Option Options may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke Subject to the foregoing, a beneficiary designation may be changed or revoked by you at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Stock Option Award Agreement (Dennys Corp)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2008 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2008 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2008 Plan, and to any 4 additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (Beneficial Mutual Bancorp Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan hereunder and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan hereunder is subject to all terms and conditions of this Award Agreement and the 2007 2005 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You Subject to the foregoing, you may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Non Statutory Stock Option Award Agreement (Kentucky First Federal Bancorp)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2018 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2018 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2018 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Stock Option Award Agreement (Coastal Financial Corp)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2013 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2013 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2013 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Polonia Bancorp Inc)

Beneficiary Designation. You may, in the a manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 2013 Plan and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 2013 Plan is subject to all terms and conditions of this Award Agreement and the 2007 2013 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will shall be made to your estate. You may change or revoke a beneficiary designation at any time, time provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Polonia Bancorp Inc)

Beneficiary Designation. You may, in the manner determined by the Committee, designate a beneficiary to exercise your rights under the 2007 Plan hereunder and to receive any distribution with respect to this Option upon your death. A beneficiary, legal guardian, legal representative, or other person claiming any rights under the 2007 Plan hereunder is subject to all terms and conditions of this Award Agreement and the 2007 2005 Plan, and to any additional restrictions deemed necessary or appropriate by the Committee. If you have not designated a beneficiary or none survives you, the Option may be exercised by the legal representative of your estate, and payment will be made to your estate. You Subject to the foregoing, you may change or revoke a beneficiary designation at any time, provided the change or revocation is filed with the Company.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Kentucky First Federal Bancorp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!