Common use of Contingent Beneficiary Designation Clause in Contracts

Contingent Beneficiary Designation. If one or more of my primary beneficiaries dies before I die, I direct that any vested Awards under the Plan that are unpaid or unexercised at my death and that might otherwise have been paid to that beneficiary be: ___Allocated to my other named primary beneficiaries in proportion to the allocation given above (ignoring the interest allocated to the deceased primary beneficiary); or ___Allocated, in the proportion specified, among the following contingent beneficiaries: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address:

Appears in 7 contracts

Samples: Incentive Stock Option Award Agreement (Evans Bob Farms Inc), Cash Based Award Agreement (Evans Bob Farms Inc), Annual Bonus Award Agreement (Evans Bob Farms Inc)

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Contingent Beneficiary Designation. If one or more of my primary beneficiaries dies before I die, I direct that any vested Awards under the Plan that are unpaid or unexercised at my death and that might otherwise have been paid to that beneficiary be: ___Allocated to my other named primary beneficiaries in proportion to the allocation given above (ignoring the interest allocated to the deceased primary beneficiary); or ___Allocated, in the proportion specified, among the following contingent beneficiaries: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address:

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Sb Financial Group, Inc.), Restricted Stock Award Agreement (Sb Financial Group, Inc.), Restricted Stock Award Agreement (Evans Bob Farms Inc)

Contingent Beneficiary Designation. If one or more of my primary beneficiaries dies before I die, I direct that any vested Awards under the Plan that are unpaid or unexercised at my death and that might otherwise have been paid to that beneficiary be: _____ Allocated to my other named primary beneficiaries in proportion to the allocation given above (ignoring the interest allocated to the deceased primary beneficiary); or _____ Allocated, in the proportion specified, among the following contingent beneficiaries: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Sb Financial Group, Inc.)

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Contingent Beneficiary Designation. If one or more of my primary beneficiaries dies before I die, I direct that any vested Awards under the Plan that are unpaid or unexercised at my death and that might otherwise have been paid to that beneficiary be: _______ Allocated to my other named primary beneficiaries in proportion to the allocation given above (ignoring the interest allocated to the deceased primary beneficiary); or ___Allocated, in the proportion specified, among the following contingent beneficiaries: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address: % to (Name) (Relationship) Address:

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Evans Bob Farms Inc)

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