Common use of Beneficiary Designation Clause in Contracts

Beneficiary Designation. You may name any beneficiary or beneficiaries (who may be named contingently or successively) who may then exercise any right under this Agreement in the event of your death. Each beneficiary designation for such purpose will revoke all such prior designations. Beneficiary designations must be properly completed on a form prescribed by the Committee and must be filed with the Company during your lifetime. If you have not designated a beneficiary, your rights under this Agreement will pass to and may be exercised by your estate.

Appears in 48 contracts

Samples: Performance Share Agreement, Management Performance Share Agreement (Metlife Inc), Senior Executive Performance Share Agreement (Total System Services Inc)

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Beneficiary Designation. You To the extent permitted by the Committee, you may name any one or more beneficiary or beneficiaries (who may be named contingently or successively) who may then exercise any right under this Agreement in the event of your death. Each beneficiary designation for such purpose will revoke all such prior designations. Beneficiary designations must be properly completed on a form prescribed by the Committee and must be filed with the Company during your lifetime. If you have not designated a beneficiary, your rights under this Agreement will pass to and may be exercised by your estate.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement, Performance Share Agreement (Metlife Inc), Restricted Stock Unit Agreement (Metlife Inc)

Beneficiary Designation. You To the extent permitted by the Committee, you may name any beneficiary one or more beneficiaries (who may be named contingently or successively) who may then exercise any right under this Agreement in the event of your death. Each beneficiary designation for such purpose will revoke all such prior designations. Beneficiary designations must be properly completed on a form prescribed by the Committee and must be filed with the Company during your lifetime. If you have not designated a beneficiary, your rights under this Agreement will pass to and may be exercised by your estate.

Appears in 3 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Metlife Inc), Stock Option Agreement (Metlife Inc)

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Beneficiary Designation. You may from time to time name any ----------------------- beneficiary or beneficiaries (who may be named contingently or successively) who may then exercise by whom any right under this Agreement is to be exercised in the event case of your death. Each beneficiary designation for such purpose will revoke all such prior designations. Beneficiary designations must , shall be properly completed on in a form prescribed by reasonably acceptable to Guarantee, and will be effective only when filed in writing with the Committee and must be filed with the Company during your lifetime. If you have not designated a beneficiary, your rights under this Agreement will pass to and may be exercised by your estate.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Guarantee Life Companies Inc), Incentive Stock Option Agreement (Guarantee Life Companies Inc)

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