Common use of Payable to Beneficiary Clause in Contracts

Payable to Beneficiary. Upon the death of any Participant after Separation from Service, the remaining amounts in his Accounts which were vested at the time of his termination shall be payable to his Beneficiary.

Appears in 3 contracts

Samples: Adoption Agreement (BRPP LLC), 401(k) Plan Document (Metals Usa Inc), 401(k) Plan Document (Metals Usa Inc)

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Payable to Beneficiary. Upon the death of any Participant after Separation Severance from ServiceEmployment, the remaining amounts in his Accounts which were vested at the time of his termination shall be payable to his Beneficiary.

Appears in 2 contracts

Samples: Basic Plan Document (Fairfax Financial Holdings LTD/ Can), Adoption Agreement (Sonic Corp)

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