Common use of Multiple Beneficiaries Clause in Contracts

Multiple Beneficiaries. You may designate two or more Beneficiaries to receive separate percentage interests in the death benefits payable from this Custodial Account. Each such Beneficiary may separately exercise the rights that a Beneficiary has under this Custodial Agreement with respect to the Beneficiary’s interest in the Account.

Appears in 2 contracts

Samples: 403(b)(7) Individual Custodial Account Agreement, Custodial Account Agreement

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Multiple Beneficiaries. You A Participant may designate two or more Beneficiaries to receive separate percentage interests in the death benefits payable from this Custodial Account. Each such Beneficiary may separately exercise the rights that a Beneficiary has under this Custodial Agreement with respect to the Beneficiary’s interest in the Account.

Appears in 2 contracts

Samples: 403(b)(7) Group Custodial Agreement, Governmental 457(b) Group Custodial Agreement

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Multiple Beneficiaries. You A Participant may designate two or more Beneficiaries to receive separate percentage interests in the death benefits payable from this Custodial Account. Each such Beneficiary may separately exercise the rights that a Beneficiary has under this Custodial Agreement with respect to the Beneficiary’s interest in the Custodial Account.

Appears in 1 contract

Samples: Custodial Account Agreement

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