Beneficiary Definition Example with 4 Variations

This page contains an example definition of Beneficiary, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Beneficiary. Shall mean the person or entity designated by Executive, by written instrument delivered to Employer, to receive the benefits payable under this Agreement in the event of his death. If Executive fails to designate a Beneficiary, or if no Beneficiary survives Executive, such death benefits shall be paid: (i) to his surviving spouse; or (ii) if there is no surviving spouse, to his living descendants per stirpes; or (iii) if there is neither a surviving spouse nor descendants, to his duly... appointed and qualified executor or personal representative. View More Arrow
Found in MODINE MANUFACTURING CO contract

Variations

Beneficiary. Shall shall mean the person or entity designated by Executive, by written instrument delivered to Employer, NiSource, to receive the benefits payable with respect to him under this the Agreement in the event of his death. If Executive fails to designate a Beneficiary, or if no Beneficiary survives Executive, such death benefits shall be paid: (i) to his surviving spouse; or (ii) if there is no surviving spouse, to his living descendants per stirpes; or (iii) if there is neither a surviving... spouse nor descendants, descendants then living, to his duly appointed and qualified executor or personal representative. View More Arrow
Found in NiSource Inc. contract
Beneficiary. Shall shall mean the person or entity designated by Executive, by written instrument delivered to Employer, to receive the benefits payable under this the Agreement in the event of his death. If Executive fails to designate a Beneficiary, or if no Beneficiary survives Executive, such death benefits shall be paid: (i) to his surviving spouse; or (ii) if there is no surviving spouse, to his living descendants per stirpes; PER STIRPES; or (iii) if there is neither a surviving spouse nor... descendants, to his duly appointed and qualified executor or personal representative. Ex. 10.13 - Page 1 View More Arrow
Found in WISCONSIN CENTRAL TRANSPORTATION CORP contract
Beneficiary. Shall shall mean the person or entity designated by Executive, by written instrument delivered to Employer, NiSource, to receive the benefits payable with respect to 2 her under this the Agreement in the event of his OF her death. If Executive fails to designate a Beneficiary, or if no Beneficiary survives Executive, such death benefits shall be paid: (i) to his her surviving spouse; or (ii) if there is no surviving spouse, to his her living descendants per stirpes; or (iii) if there is neither... a surviving spouse nor descendants, descendants then living, to his her duly appointed and qualified executor or personal representative. View More Arrow
Found in NiSource Inc. contract
Beneficiary. Shall shall mean the person or entity designated by Executive, by written instrument delivered to Employer, NiSource, to receive the benefits payable with respect to him under this the Agreement in the event of his HIS death. If Executive fails to designate a Beneficiary, or if no Beneficiary survives Executive, such death benefits shall be paid: (i) to his surviving spouse; or (ii) if there is no surviving spouse, to his living descendants per stirpes; or (iii) if there is neither a surviving... spouse nor descendants, descendants then living, to his duly appointed and qualified executor or personal representative. View More Arrow
Found in NiSource Inc. contract
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