Qualified Election. The Member or Beneficiary, if applicable, may make an election at any time during the election period. The Member or Beneficiary, if applicable, may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only it if meets the consent requirements below.
Appears in 2 contracts
Qualified Election. The Member or Member, Beneficiary, if applicable, or spouse may make an election at any time during the election period. The Member or Member, Beneficiary, if applicable, or spouse may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it if meets the consent requirements below.
Appears in 2 contracts
Qualified Election. The Member Participant or Beneficiary, if applicable, may make an election at any time during the election period. The Member Participant or Beneficiary, if applicable, may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it if meets the consent requirements below.. 1)
Appears in 1 contract
Samples: Penske Automotive Group, Inc.
Qualified Election. The Member or Participant, Beneficiary, if applicable, or spouse may make an election at any time during the election period. The Member or Participant, Beneficiary, if applicable, or spouse may revoke the election made (or make a new election) at any time and any number of times during the election period. An election is effective only if it if meets the consent requirements below.. 1)
Appears in 1 contract
Samples: Penske Automotive Group, Inc.
