Common use of Qualified Election Clause in Contracts

Qualified Election. The Member, Beneficiary, or spouse may make an election at any time during the election period. The Member, Beneficiary, 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 meets the consent requirements below.

Appears in 2 contracts

Samples: First Financial Northwest, Inc., Community Bancorp

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Qualified Election. The Member, Member or Beneficiary, or spouse if applicable, may make an election at any time during the election period. The Member, Member or Beneficiary, or spouse 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 it meets the consent requirements below.

Appears in 2 contracts

Samples: First Financial Northwest, Inc., Community Bancorp

Qualified Election. The MemberParticipant, Beneficiary, or spouse may make an election at any time during the election period. The MemberParticipant, Beneficiary, 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 meets the consent requirements below.. 1)

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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Qualified Election. The Member, Participant or Beneficiary, or spouse if applicable, may make an election at any time during the election period. The Member, Participant or Beneficiary, or spouse 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 meets the consent requirements below.. 1)

Appears in 1 contract

Samples: Penske Automotive Group, Inc.

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