Beneficiary upon Death Clause Samples
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Beneficiary upon Death. Notwithstanding anything to the contrary contained in any will or testament previously or in the future executed by Recipient, Recipient hereby designates the person listed in Section 11 below as the beneficiary of any Restricted Stock Units vesting upon Recipient’s Death. Such beneficiary designation may be revoked or modified by written notice of Recipient to the Company. If all of the beneficiary blanks below are not completed, Recipient’s estate will be the beneficiary in the event of Recipient’s death. Any references to “Recipient” herein shall in the event of Recipient’s death mean the beneficiary as provided in this Section 2(c).
Beneficiary upon Death. Notwithstanding anything to the contrary contained in any will or testament previously or in the future executed by Recipient, and not withstanding any other beneficiary designation or instructions previously provided by Recipient, Recipient hereby designates the following person as the beneficiary of any Restricted Stock Units vesting upon Recipient’s Death: Such beneficiary designation may be revoked or modified by written notice of Recipient to the Company. If all of the beneficiary blanks above are not completed and Recipient has not provided another valid beneficiary designation, Recipient’s estate will be the beneficiary in the event of Recipient’s death. If Recipient has provided or provides another valid designation of beneficiary for any Restricted Stock Units vesting upon Recipient’s Death and a completed and valid designation is not provided above, the other beneficiary designation will be honored. Any references to “Recipient” herein shall in the event of Recipient’s death mean the beneficiary as provided in this Section 2(c).
Beneficiary upon Death. You, as sole owner, instruct Ascend to pay any funds remaining in your account at the time of death together with any proceeds to the beneficiary designated on your most recent Account Application. Each Joint Owner instructs Ascend to recognize any of the signatures on your Account Application in the payment of funds and all transactions for this account. The Joint Owners agree with each other and with Ascend that all funds in this account are and shall be owned by them jointly with the right of survivorship and subject to withdrawal or receipt of any of them, and payment to any of them or the survivor or survivors shall be valid and discharge Ascend from any and all liability. Any or all Joint Owners may pledge all or any part of the funds in this account as collateral security to a loan or loans at Ascend, with the exception of Money Market, Christmas Club, checking and escrow accounts. Joint Owners agree that the Primary Owner may remove the Joint Owner from the account without notice to the Joint Owner. Joint Owners also agree to the terms and conditions of the account on the Account Application and as established by Ascend from time to time and as governed by law.