Designated Beneficiaries Sample Clauses

Designated Beneficiaries. All designated Beneficiaries must be identified by name, date of birth, and social security number.
Sample 1Sample 2Sample 3See All (4)
AutoNDA by SimpleDocs
Designated Beneficiaries. As Account Owner, You name the individual, called the “Designated Beneficiary,” on whose behalf the payments from the Account will be made. You are not permitted to change the person identified as the Designated Beneficiary on your Account. If the individual named the Designated Beneficiary is unable to use any amount of the benefits in the Account, You may seek a Non-Qualified Withdrawal or Rollover Distribution of the Account benefits as explained below. The Account Owner can be changed if the current Account Owner requests transfer on a Transfer of Account Owner Form, or becomes disabled, divorces or dies. If there is a Successor Owner designated in writing, then the Successor Owner becomes the Account Owner. If the Account Owner becomes disabled and has not named a Successor Owner, ownership of the Account will be changed upon receipt of proper authorization acceptable to the Board of Trustees. If a Successor Owner has not been named by the Account Owner and the change is due to divorce, the Account Owner will be changed based on the instructions contained in the final divorce decree. If a Successor Owner has not been named by the Account Owner and the Account Owner dies, ownership of the Account will be changed when we receive a certified copy of the death certificate and authorization acceptable to the Board of Trustees. The Designated Beneficiary may be named the Account Owner unless he or she is a minor, in which case a qualified adult must be named. Please contact the SMART529 Service Center for any instructions or forms needed to change the Account Owner or to name or change a Successor Owner. You contribute to your Account on a preset payment schedule as selected by the Account Owner upon enrolling in the Plan, by a lump sum payment or by monthly installments. The maximum contribution amount for an Account under the Prepaid Tuition Plan is the sum necessary to purchase 10 semester Units, which is the equivalent of five, two-semester academic years at a West Virginia public university or college. No more than 10 Units may be purchased on behalf of any Designated Beneficiary, regardless of the number of Accounts for which a person is named the Designated Beneficiary. Contributions will be credited to your Account when the documentation received from You is complete and in good order. Federal income tax laws require that a limit be placed on the total amount that can be in this Account along with any other accounts in the Program that may be establ...
Sample 1
Designated Beneficiaries. Death of Executive or Designated Beneficiary. A "Designated Beneficiary" to whom amounts are payable under this Subsection 6(c) shall be the person designated in writing by the Executive on a form substantially similar to the form attached hereto as Schedule B (a "Beneficiary Designation Form") that is delivered to the Company prior to the Executive's death. Any such Beneficiary Designation Form may be revoked in writing by the Executive or may be changed, without the consent of any prior Designated Beneficiary, by the Executive's delivery to the Company of a Beneficiary Designation Form of later date revoking the prior form or specifying a new Designated Beneficiary. If the Executive fails to designate a Designated Beneficiary or if a Designated Beneficiary does not survive the Executive, all installments payable hereunder shall be paid to the Executive's personal representative or pursuant to the terms of the Executive's will or the laws of descent and distribution. If a Designated Beneficiary survives the Executive, but dies prior to receiving all remaining installment payments to be paid hereunder, any remaining installment payments shall be paid to the Designated Beneficiary's personal representative or pursuant to the terms of such Designated Beneficiary's will or the laws of descent and distribution.
Sample 1
Designated Beneficiaries. All designated Beneficiaries must be identified by name, date of birth, and social security number. Hilltop Securities will not accept designations of "per stirpes" or "per capita."
Sample 1
Designated Beneficiaries a. In the event of the death of the Producer, the beneficiary designated in Section 6 of this Agreement may assume the obligations of Producer under this Agreement provided such person gives written notice to KFHP-GA within thirty (30) days of Producer's death of the intent to assume this Agreement and also performs all the conditions in Subsection 4.3(b) below within the one (1) year period following the death of the Producer. Such person shall have no right, interest or claim against KFHP-GA until such person has satisfied all conditions of the assumption set forth below under Subsection 4.3(b) of this Agreement. Furthermore, such person's rights under this Agreement (including the payment of commissions) accrue only after the date upon which KFHP-GA consents to assumption of this Agreement, and such person shall have no claim (including a claim for commission) except for those accruing from services rendered by such person after the effective date of assumption.
Sample 1
Designated Beneficiaries. 1. The following entities may be awarded a grant under the Programme without a call for proposals: (a) for actions in the area of market surveillance implementing the specific objective referred to in Article 3(2)(a)(ii) of this Regulation, the market surveillance authorities of the Member States as referred to in Article 17 of Regulation (EC) No 765/2008 and Article 10 of Regulation (EU) 2019/102057; (b) for actions in the area of accreditation implementing the specific objective referred to in Article 3(2)(a)(i) of this Regulation, the body recognised under Article 14 of Regulation (EC) No 765/2008 to carry out the activities referred to in Article 32 of Regulation (EC) No 765/2008; (c) for actions implementing the specific objective referred to in Article 3(2)(c)(i) of this Regulation, the entities referred to in Articles 15 and 16 of Regulation (EU) No 1025/2012; (d) for actions implementing the specific objective referred to in Article 3(2)(c)(ii), the European Financial Reporting Advisory Group (EFRAG), the International Financial Reporting Standards Foundation and the Public Interest Oversight Board (PIOB); (e) for actions implementing the specific objective referred to in Article 3(2)(d)(i) in relation to the representation of consumers interest at the Union level, Bureau Européen des Unions de Consommateurs (BEUC) and European Association for the Coordination of Consumer Representation in Standardisation (ANEC) provided they have no conflicting interests and represent through its members the interests of Union consumers in at least two thirds of the Member States; (f) for actions implementing the specific objective referred to in Article 3(2)(d)(ii), Finance Watch and Better Finance subject to the following conditions, to be assessed annually: (i) the entities remain non-governmental, non-profit and independent of industry, commerce or business; (ii) they have no conflicting interests and represent through its members the interests of Union consumers and other end-users in the area of financial services; (g) for actions implementing the specific objective referred to in Article 3(2)(e) of this Regulation: (i) the competent authorities of the Member States and their affiliated entities, the European Union reference laboratories referred to in Articles 92, 95 and 97 of Regulation (EU) 2017/625 of the European Parliament and of the Council58, the European Union reference centers referred to in Article 29 of Regulation (EU) 2016/1012 of the European P...
Sample 1
Designated Beneficiaries a. First Beneficiary Full Name Relationship To Agent Date of Birth /s/ Anne X. Xxxxxxxx Wife 5/3/50 b. Contingent Beneficiary (if first is deceased at Agent's Death) Full Name Relationship To Agent Date of Birth /s/ K. Thomxx Xxxxxxxx Son 12/7/75 -------------------------- --------------- -------------- -------------------------- --------------- -------------- -------------------------- --------------- --------------
Sample 1
AutoNDA by SimpleDocs

Related to Designated Beneficiaries

  • Designated Beneficiary The individual who is designated as the Beneficiary under the Plan in accordance with Section 401(a)(9) of the Code and the regulations thereunder.

  • No Designated Beneficiary If the Participant dies before the date distributions begin and there is no designated beneficiary as of September 30 of the year following the year of the Participant’s death, distribution of the Participant’s entire interest will be completed by December 31 of the calendar year containing the fifth anniversary of the Participant’s death.

  • Intended Beneficiaries Nothing in this Agreement shall be construed to give any person or entity other than the parties hereto any legal or equitable claim, right or remedy. Rather, this Agreement is intended to be for the sole and exclusive benefit of the parties hereto.

  • How do the RMD Rules Impact my Designated Beneficiary or Beneficiaries The RMD rules provide for the determination of your designated beneficiary or beneficiaries as of September 30 of the year following your death. Consequently, any beneficiary may be eliminated for purposes of calculating the RMD by the distribution of that beneficiary’s benefit, through a valid disclaimer between your death and the end of September following the year of your death, or by dividing your IRA account into separate accounts for each of several designated beneficiaries you may have designated.

  • Beneficiaries The Executive may designate one or more persons or entities as the primary and/or contingent Beneficiaries of any Severance Benefits owing to the Executive under this Agreement. Such designation must be in the form of a signed writing acceptable to the Committee. The Executive may make or change such designations at any time.

  • Spouse The spouse of an eligible employee (if legally married under Minnesota law). For the purposes of health insurance coverage, if that spouse works full-time for an organization employing more than one hundred (100) people and elects to receive either credits or cash (1) in place of health insurance or health coverage or (2) in addition to a health plan with a seven hundred and fifty dollar ($750) or greater deductible through his/her employing organization, he/she is not eligible to be a covered dependent for the purposes of this Article. If both spouses work for the State or another organization participating in the State's Group Insurance Program, neither spouse may be covered as a dependent by the other, unless one spouse is not eligible for a full Employer Contribution as defined in Section 3A. Effective January 1, 2015 if both spouses work for the State or another organization participating in the State’s Group Insurance Program, a spouse may be covered as a dependent by the other.

  • Covered Benefits Benefits for Bone Mass Measurement for the prevention, diagnosis, and treatment of osteoporosis are covered when requested by a Health Care Provider for a Qualified Individual.

  • Protected Benefits The elections under this Article VI may not eliminate Code Section 411(d)

  • Insured Benefits A transferring employee will be covered by the benefit plans at the designated Employer. There will be no break in coverage and/or no waiting period prior to being able to receive benefits so long as the waiting period has already been served, subject to the requirements of the carrier.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!