Common use of Beneficiary Designations Clause in Contracts

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a “primary” and “contingent” beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The ExecutiveA beneficiary’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children in equal shares per survivor, and the descendants of any deceased child by right of representation, and, if no children or descendants survivesurvivors, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, any and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary Beneficiary by filing with the Bank a written designation with of Beneficiary on a form substantially similar to the Bank. form attached as Exhibit A. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Unless otherwise communicated to the Bank in writing by the Executive, the Executive’s beneficiary Beneficiary designation shall be deemed automatically revoked if the beneficiary Beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary Beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary Beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and to the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and to the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a Primary and Contingent beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s beneficiary A beneficiary's designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children in equal shares per survivor, and the descendants of any deceased child by right of representation, and, if no children or descendants survivesurvivors, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall designation will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.. 4.2

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants decedents of any deceased child by right of representation, and, and if no children or descendants decedents survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a primary and contingent beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If if the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without with out a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, survive to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary Beneficiary by filing with the Bank a written designation with of Beneficiary on a form substantially similar to the Bank. form attached as Exhibit A. The Executive may revoke or modify the designation at any time by filing filing’ a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Unless otherwise communicated to the Bank in writing by the Executive, the Executive’s beneficiary Beneficiary designation shall be deemed automatically revoked if the beneficiary Beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary Beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary Beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, if no children or descendants survive, to the Executive’s estate.'s surviving

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany (See Schedule B). The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted receipt by the Bank during Company of the Executive’s lifetimedesignation. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s surviving 's surving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a primary and contingent beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall a new designation will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolveddissolve. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s estate.

Beneficiary Designations. The Executive shall designate a beneficiary under this Agreement by filing a written designation with the BankCompany in the form of Exhibit A, attached hereto and made a part of this Agreement by reference herein. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, Executive or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation with the BankCompany (See Schedule B). The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, and if no children or descendants survive, to the Executive’s 's estate.

Beneficiary Designations. The Executive shall designate a beneficiary Beneficiary by filing a written designation with the BankCompany. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank Company during the Executive’s 's lifetime. The Executive’s 's beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s 's surviving spouse, if any, and, and if none, to the Executive’s 's surviving children and the descendants of any deceased child by right of representation, and, ; and if no children or descendants survive, to the Executive’s Elective's estate.

Beneficiary Designations. The Executive shall designate a beneficiary by filing a written designation on an approved form with the Bank. The Executive may revoke or modify the designation at any time by filing a new designation. However, designations shall will only be effective if signed by the Executive and accepted by the Bank during the Executive’s lifetime. The Executive’s beneficiary designation shall be deemed automatically revoked if the beneficiary predeceases the Executive, or if the Executive names a spouse as beneficiary and the marriage is subsequently dissolved. If the Executive dies without a valid beneficiary designation, all payments shall be made to the Executive’s surviving spouse, if any, and, and if none, to the Executive’s surviving children and the descendants of any deceased child by right of representationper stirpes, and, and if no children or descendants survive, to the Executive’s estate.