Common use of Participant’s Interest Clause in Contracts

Participant’s Interest. Each Participant, or the Participant's assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy remaining after the payment to the Company of its interests. The Participant shall also have the right to elect and change settlement options with the consent of the Company and the Insurer.

Participant’s Interest. Each Participant, or the Participant's ’s assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy remaining after the payment to the Company of its interestsas specified in Section 4.2.1 or 4.2.2. The Participant shall also have the right to elect and change settlement options with the consent of the Company and the Insureroptions.

Participant’s Interest. Each Participant, The Participant or the Participant's assignee, ’s assignee shall have the right to designate the beneficiary of the an amount of death proceeds of the Policy remaining after the payment to the Company of its interestsnoted in Sections 3.1.1 below. The Participant shall also have the right to elect and change settlement options with the consent of the Company and the Insurer.

Participant’s Interest. Each With respect to each Policy, the Participant, or the Participant's ’s assignee, shall have the right to designate the beneficiary of the an amount of death proceeds of the Policy remaining after the payment equal to the Company Participant’s Interest as set forth in the Participant’s individual split dollar endorsement and as reflected on the Participant’s annual statement of its interestsestimated benefits. The Participant shall also have the right to elect and change settlement options with the consent of the Company and the Insurer.

Participant’s Interest. Each With respect to each Policy, the Participant, or the Participant's ’s assignee, shall have the right to designate the beneficiary of the an amount of death proceeds of the Policy remaining after the payment equal to the Company of its interestsIndexed Baseline Benefit. The Participant shall also have the right to elect and change settlement options with the consent of the Company Corporation and the Insurer.

Participant’s Interest. Each With respect to each Policy, the Participant, or the Participant's assignee, shall have the right to designate the beneficiary of the an amount of death proceeds of the Policy remaining after the payment equal to the Company of its interestsIndexed Baseline Benefit. The Participant shall also have the right to elect and change settlement options with the consent of the Company Corporation and the Insurer.