Common use of Form of Payment to Beneficiary Clause in Contracts

Form of Payment to Beneficiary. In the event of my death before collecting all of my Account, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below in the following manner— o in a single lump sum to be distributed within 60 days following my death. o in accordance with the payment schedule selected in paragraph 3 hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Appears in 2 contracts

Samples: Long Term Award Agreement (UTi WORLDWIDE INC), Performance Enhancement Award Agreement (UTi WORLDWIDE INC)

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Form of Payment to Beneficiary. In the event of my death before collecting all of my Account, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below in the following manner— o in a single lump sum to be distributed within 60 days as soon as administratively practicable following my death. o in accordance with the payment schedule selected in paragraph 3 2(g) hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Appears in 1 contract

Samples: Combined Elective Grant and Deferral Election Agreement (UTi WORLDWIDE INC)

Form of Payment to Beneficiary. In the event of my death before collecting all of my Account, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below in the following manner— o manner-- |_| in a single lump sum to be distributed within 60 days following on the first date that is 6 months after my death. o in accordance with the payment schedule selected in paragraph 3 hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Appears in 1 contract

Samples: Deferred Share Unit Program (Capital Trust Inc)

Form of Payment to Beneficiary. In the event of my death before collecting all of my Account, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below in the following manner— o in a single lump sum to be distributed within 60 days following my death. o in accordance with the payment schedule selected in paragraph 3 paragraphs 2(e) and 2(f) hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Appears in 1 contract

Samples: Combined Elective Grant and Deferral Election Agreement (UTi WORLDWIDE INC)

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Form of Payment to Beneficiary. In the event of my death before collecting all of my Account, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below in the following manner— o ¨ in a single lump sum to be distributed within 60 days as soon as administratively practicable following my death. o ¨ in accordance with the payment schedule selected in paragraph 3 hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death if payments had not already begun).

Appears in 1 contract

Samples: Deferral and Distribution Election Form (UTi WORLDWIDE INC)

Form of Payment to Beneficiary. In the event of my death before collecting all of my Accountdeath, any remaining portion of my Account shall be distributed to my beneficiary or beneficiaries named below as follows -- [ ] in the following manner— o in a single one lump sum to be distributed payment within 60 sixty (60) days following my death. o [ ] in accordance with the payment schedule selected in paragraph 3 Sections 1 and 2 hereof (with payments made as though I survived to collect all benefits, and as though I terminated service on the date of my death death, if payments had not already begun).

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (Glacier Bancorp Inc)

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