Death of a Sample Clauses

Death of a. Unit Member’s spouse or a member of the Unit Member’s immediate family, as defined in section 15.10 of this Article, when additional leave is required beyond the bereavement leave provided in section 15.10 of this Article.
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Death of a unit member’s immediate family. For the purposes of this Article, immediate family will be the same as listed in Article 25, Bereavement Leave
Death of a. Certificate Holder is Annuitant: When the Annuitant/Beneficiary: Certificate Holder is the Annuitant and the Annuitant dies under option 1 or 2, or both the Annuitant and the second Annuitant die under option 3(d), the present value of any remaining guaranteed payments will be paid in one sum to the Beneficiary, or upon election by the Beneficiary, any remaining payments will continue to the Beneficiary. If option 3 has been elected and the Certificate Holder dies, the remaining payments will continue to the successor payee. If no successor payee has been designated, the Beneficiary will be treated as the successor payee. If the Account has joint Certificate Holders, the surviving joint Certificate Holder will be deemed the successor payee.
Death of a. Where a teacher dies on the first day of a school year or at any time thereafter, during the school year, the crediting of sick leave which has been accumulated shall remain and shall not be decreased as a result of the teacher's death.
Death of a. Contract Owner who is not the Annuitant If a contract owner dies prior to the Annuity Date and if his or her surviving spouse is the Annuitant, the Contract will continue with his or her surviving spouse as the new owner. If the surviving spouse is not the Annuitant, the Accumulated Value, less any applicable administrative charges, interest change adjustment, or surrender charge, will be distributed to the Beneficiary. If a contract owner dies on or after the Annuity Date, no death benefit will be payable under the Contract.
Death of a. When the Annuitant dies under option 2 or 3, or Annuitant/Beneficiary: both the Annuitant and the second Annuitant die under option 4(d), the present value of any remaining guaranteed payments will be paid in one sum to the Beneficiary, or upon election by the Beneficiary, any remaining payments will continue to the Beneficiary. If option 4 has been elected and the Annuitant dies, the remaining payments will continue to the second Annuitant as successor payee.
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Related to Death of a

  • Death of Participant Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations pertaining to said transfer.

  • DEATH OF BENEFICIARY Unless otherwise provided in the Beneficiary designation, if any Beneficiary dies before the Owner, that Beneficiary's interest will go to any other primary Beneficiaries named, according to their respective interests. If there are no primary Beneficiaries, the Beneficiaries' interest will pass to a contingent Beneficiary, if any. Prior to the Annuity Commencement Date, if no Beneficiary or contingent Beneficiary survives the Owner, the Death Benefits will be paid to the Owner's estate. Unless otherwise provided in the Beneficiary designation, once a Beneficiary is receiving Death Benefits or annuity payments under an Annuity Payment Option, the Beneficiary may name his or her own Beneficiary to receive any remaining benefits due under the Contract, should the original Beneficiary die prior to receipt of all benefits. If no Beneficiary is named or the named Beneficiary predeceases the original Beneficiary, any remaining benefits will continue to the original Beneficiary's estate. A Beneficiary designation must be made by Notice to LNY.

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