Common use of Designation and Change of Beneficiary Clause in Contracts

Designation and Change of Beneficiary. Each Participant may file with the Committee a written designation of one or more Persons as the beneficiary or beneficiaries, as applicable, who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the Plan upon the Participant’s death. A Participant may, from time to time, revoke or change the Participant’s beneficiary designation without the consent of any prior beneficiary by filing a new designation with the Committee. The last such designation received by the Committee shall be controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be the Participant’s spouse or, if the Participant is unmarried at the time of death, the Participant’s estate.

Designation and Change of Beneficiary. Each Participant may file with the Committee a written designation of one or more Persons persons as the beneficiary or beneficiaries, as applicable, beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the Plan upon the Participant’s his death. A Participant may, from time to time, revoke or change the Participant’s his beneficiary designation without the consent of any prior beneficiary by filing a new designation with the Committee. The last such designation received by the Committee shall be controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be the Participant’s his or her spouse or, if the Participant is unmarried at the time of death, the Participant’s his or her estate.

Designation and Change of Beneficiary. Each Participant may file with the Committee a written designation of one or more Persons persons as the beneficiary or beneficiaries, as applicable, beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the this Plan upon the Participant’s his death. A Participant may, from time to time, revoke or change the Participant’s his beneficiary designation without the consent of any prior beneficiary by filing a Table of Contents new designation with the Committee. The last such designation received by the Committee shall be controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be the Participant’s his or her spouse or, if the Participant is unmarried at the time of death, the Participant’s his or her estate.

Designation and Change of Beneficiary. Each Participant may file with the Committee a written designation of one or more Persons persons as the beneficiary or beneficiaries, as applicable, beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the Plan upon the Participant’s his death. A Participant may, from time to time, revoke or change the Participant’s his beneficiary designation without the consent of any prior beneficiary by filing a new designation with the Committee. The last such designation received by the Committee shall be controlling; controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by a Participant, the beneficiary shall be deemed to be the Participant’s his spouse or, if the Participant is unmarried at the time of death, the Participant’s his estate.

Designation and Change of Beneficiary. Each To the extent permitted by the Committee, each Participant may file with the Committee a written designation of one or more Persons persons as the beneficiary or beneficiaries, as applicable, beneficiary(ies) who shall be entitled to receive the amounts payable with respect to an Award, if any, due under the Plan upon the Participant’s his death. A Participant may, from time to time, revoke or change the Participant’s his beneficiary designation without the consent of any prior beneficiary by filing a new designation with the Committee. The last such designation received by the Committee shall be controlling; controlling; provided, however, that no designation, or change or revocation thereof, shall be effective unless received by the Committee prior to the Participant’s death, and in no event shall it be effective as of a date prior to such receipt. If no beneficiary designation is filed by a Participant, or if the Committee does not permit beneficiary designations, then the beneficiary shall be deemed to be the Participant’s spouse or, if the Participant is unmarried at the time of death, the Participant’s his estate.