Common use of Claimants Clause in Contracts

Claimants. Any person or entity claiming a benefit, requesting an interpretation or ruling under the Plan (hereinafter referred to as "Claimant") shall present the request in writing to the Employer, which shall respond in writing as soon as practicable. If the claim or request is denied, the written notice of denial shall state the reason for denial, with specific reference to the provisions on which the denials is based, a description of any additional material or information required and an explanation of why it is necessary, and an explanation of the program's claims review procedure.

Appears in 7 contracts

Samples: Stock Option Exercise Agreement (American Capital Strategies LTD), Stock Option Exercise Agreement (American Capital Strategies LTD), Stock Option Exercise Agreement (American Capital Strategies LTD)

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Claimants. Any person or entity claiming a benefit, requesting an interpretation or ruling under the Plan (hereinafter referred to as "Claimant") shall present the request in writing to the Employer, which shall respond in writing as soon as practicable. If the claim or request is denied, the written notice of denial shall state the reason for denial, with specific reference to the provisions on which the denials is based, a description of any additional material or information required and an explanation of why it is necessary, and an explanation of the program's ’s claims review procedure.

Appears in 1 contract

Samples: Split Dollar Agreement (American Capital Strategies LTD)

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