Common use of Participant’s Interest Clause in Contracts

Participant’s Interest. If applicable, the Participant, or the Participant's assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy as specified in Section 4.2.1

Appears in 1 contract

Samples: Se Financial Corp

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Participant’s Interest. If applicable, the Each Participant, or the Participant's ’s assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy as specified in Section 4.2.14.2.1 or 42.2. The Participant shall also have the right to elect and change settlement options.

Appears in 1 contract

Samples: First Farmers & Merchants Corp

Participant’s Interest. If applicable, the Each Participant, or the Participant's assignee’s assignee to the extent permitted hereby, shall have the right to designate the beneficiary of the death proceeds of the Policy as specified in Section 4.2.1Sections 4.2.1 or 4.2.2, as applicable. The Participant shall also have the right to elect and change settlement options for the Participant’s interest by providing written notice to the Bank and the Insurer.

Appears in 1 contract

Samples: Laurel Savings (Laurel Capital Group Inc)

Participant’s Interest. If applicable, the Participant, or the Participant's assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy as specified in Section 4.2.14.2.1 or 4.2.2. The Participant shall also have the right to elect and change settlement options by providing written notice to the Bank and the Insurer.

Appears in 1 contract

Samples: Plan (Wayne Savings Bancshares Inc /De/)

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Participant’s Interest. If applicable, the Each Participant, or the Participant's assignee, shall have the right to designate the beneficiary of the death proceeds of the Policy as specified in Section 4.2.1

Appears in 1 contract

Samples: Emclaire Financial Corp

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