Changing Beneficiary. Any Beneficiary designation may be changed by a Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the Committee.
Appears in 4 contracts
Samples: Employment Agreement (Aerobic Creations, Inc.), Employment Agreement (Aerobic Creations, Inc.), Employment Agreement (Aerobic Creations, Inc.)
Changing Beneficiary. Any Beneficiary designation may be changed by a Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the CommitteeCommittee during the Participant’s lifetime.
Appears in 3 contracts
Samples: Supplemental Senior Executive Death Benefit Plan (Ametek Inc/), Directors’ Death Benefit Plan (Ametek Inc/), Supplemental Senior Executive Death Benefit Plan (Ametek Inc/)
Changing Beneficiary. Any Beneficiary designation may be changed by a Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the CommitteeAdministrative committee. The filing of a new designation shall cancel all designations previously filed.
Appears in 1 contract
Samples: Split Dollar Life Insurance Agreement (Riggs National Corp)
Changing Beneficiary. Any Beneficiary designation may be changed by a an unmarried Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the Committee. A married Participant's Beneficiary designation may be changed by the Participant with the consent of the Participant's spouse as provided for in Section 6.1 above by the filing of a new designation, which shall cancel all designations previously filed.
Appears in 1 contract
Samples: Employment Agreement (Interpublic Group of Companies Inc)
Changing Beneficiary. Any Beneficiary designation may be changed by a Participant without the consent of the previously named Beneficiary by the filing of a new Beneficiary designation with the Administrative Committee. The filing of a new Beneficiary designation shall cancel all Beneficiary designations previously filed. If a Participant’s Compensation is community property, any Beneficiary Designation shall be valid or effective only as permitted under applicable law.
Appears in 1 contract
Samples: Executive Deferred Compensation Plan (Albemarle Corp)
