Common use of Beneficiary election Clause in Contracts

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Beneficiary election. Permits a Beneficiary following the Participant’s 's death to make change payment elections.

Appears in 2 contracts

Samples: Supplemental Executive Retirement Plan Adoption Agreement (DNB Financial Corp /Pa/), Nonqualified Deferred Compensation Plan Adoption Agreement (Dentsply International Inc /De/)

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Beneficiary election. Permits a Beneficiary following the Participant’s death to make change payment elections. [ ] (iv)(Specify): (e.g., a Beneficiary may make a change payment election only if the Participant had the right to do so, OR a Participant may make a change payment election only after attaining age 60).

Appears in 1 contract

Samples: Nonqualified Deferred Compensation Plan Adoption Agreement (Rurban Financial Corp)

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