Designation of Beneficiary definition

Designation of Beneficiary means such person(s) or entity whom the Option Holder has designated by a transfer on death or other designation of beneficiary to receive the Holder's Option on the Holder's death in accordance with such procedures established from time to time by the Committee.

Designation of Beneficiary. You may designate a beneficiary on a form acceptable to the Committee, to receive rights under this Stock Award Agreement, in the event of your death. If a beneficiary is not designated, the Award will become part of your estate.

Designation of Beneficiary. The beneficiary shall be the Contract Holder.

Examples of Designation of Beneficiary in a sentence

• In order to be effective, a designation of beneficiary must be completed by the Participant on the Designation of Beneficiary form and received by the Company, or its designee, prior to the date of the Participant’s death.

• Such designation under this Agreement may be revoked by the Participant at any time and a new beneficiary may be appointed by the Participant by execution and submission to the Company, or its designee, of a revised Designation of Beneficiary form to this Agreement.

• I hereby certify that I have reviewed the Designation of Beneficiary form and I understand that I have a property interest in the account.

• You shall designate the Beneficiary by completing and executing a designation of beneficiary agreement substantially in the form attached hereto as Exhibit D (the “Designation of Beneficiary”) and delivering an executed copy of the Designation of Beneficiary to the Company.

• You shall designate the Beneficiary by completing and executing a designation of beneficiary agreement substantially in the form attached hereto as Exhibit C (the “Designation of Beneficiary”) and delivering an executed copy of the Designation of Beneficiary to the Company.

More Definitions of Designation of Beneficiary

Designation of Beneficiary or "Designation" shall mean the document executed by a Participant under Section 15.

Designation of Beneficiary means the written designation by the Holder of the person or entity to receive the Holder's options and any related Stock Appreciation Rights and Unlimited Rights upon the Holder's death, which designation shall be on such form as prescribed by the Committee and filed with the General Counsel, the Chief Financial Officer, or the Treasurer of the Company (or such other person as the Committee may designate).

Designation of Beneficiary. The Contract Holder shall name his or her Beneficiary. The Beneficiary may be changed at any time. Changes to a Beneficiary must be submitted to Aetna's Home Office in writing and will not be effective until received and recorded by Aetna.

Designation of Beneficiary. Each Participant shall name a beneficiary.

Designation of Beneficiary or "Designation" shall mean the document executed by a Participant under Article XVII.

Designation of Beneficiary means the naming of a person in a governing in- strument for the purpose of a transfer of moneys or other benefits upon the death of the principal.

Designation of Beneficiary. The Participant shall designate a Beneficiary. If the Plan is subject to ERISA, the Contract Holder must certify in writing that the designation is in accordance with the appropriate REA requirements and the terms of the Plan.