Beneficiary

Beneficiary. Refers to one or more trusts, estates, other entities or individuals designated by the Participant to receive certain benefits described in the Plan in the event of the Participant's death.

Beneficiary. Means (this may be left blank) or otherwise determined as provided in this Section 3(b) as the distributee of benefits payable after Mr. Ehlen's death. The Beneficiary named in the first sentence of this Section 3(b), if any, may be revoked or amended by a written request by Mr. Ehlen delivered to Transoma during his lifetime. Any portion of the Payment Amount for which Mr. Ehlen fails to designate a Beneficiary, revokes a Beneficiary designation without naming... another Beneficiary or designates one or more Beneficiaries, none of whom survives Mr. Ehlen or exists at the time in question, will be paid to Mr. Ehlen's surviving spouse or, if Mr. Ehlen is not survived by a spouse, to the representative of Mr. Ehlen's estate. A person designated or otherwise determined to be a Beneficiary has no interest in or right under this Agreement until Mr. Ehlen has died. A person will cease to be a Beneficiary on the day on which all benefits to which he, she or it is entitled under this Agreement have been distributed. View More

Beneficiary. Shall mean the person or entity designated by the Executive, by written instrument delivered to the Company, to receive any benefits payable under this Agreement in the event of the Executive's death. If the Executive fails to designate a Beneficiary, or if no Beneficiary survives the Executive, such death benefits shall be paid to the Executive's estate.

Beneficiary. The beneficiary designated in writing, from time to time, by the Eligible Employee, and failing such designation, the spouse, the children (per stirpes), the parents or the estate (in that order) of the Eligible Employee.

Beneficiary. Shall mean the person or persons designated by the Participant, upon such forms to be provided by the Committee to receive payments of the Participant's Performance Units after the Participant's death. If the Participant shall fail to designate a beneficiary, or if for any reason, such designation shall be ineffective or if such beneficiary shall predecease the Participant or die simultaneously with him, then the beneficiary shall be the Participant's surviving spouse or if there is no... surviving spouse, the Participant's issue per stirpes, and if none, the Participant's estate. View More

Beneficiary. Means the person or persons (if any) designated or deemed designated by the Participant under the New York Stock Exchange, Inc. Supplemental Executive Savings Plan (the "SESP") to receive his benefits under the SESP in the event of the Participant's death. If a Participant is not a participant under the SESP, the Participant's Beneficiary shall be, unless otherwise specified by the Participant in a written election filed with the Committee upon such form and in such manner as specified by the... Committee, the person or persons (if any) designated or deemed designated by the Participant under the New York Stock Exchange and Subsidiary Companies Employee Savings Plan (the "Savings Plan") to receive his benefits under the Savings Plan in the event of the Participant's death. If a Participant is not a participant under the SESP or the Savings Plan, the Participant's Beneficiary shall be, unless otherwise specified by the Participant in a written election filed with the Committee upon such form and in such manner as specified by the Committee, the person or persons (if any) designated or deemed designated by the Participant under the New York Stock Exchange, Inc. ICP Award Deferral Plan (the "ICP Plan") to receive his benefits under the ICP Plan in the event of the Participant's death. If a Participant is not a participant under the SESP, the Savings Plan, or the ICP Plan, the Participant's Beneficiary shall be, unless otherwise specified by the Participant in a written election filed with the Committee upon such form and in such manner as specified by the Committee, the Participant's estate. In the event that two (2) or more persons are the Participant's Beneficiary under the SESP, the Savings Plan, or the ICP Plan, as applicable, then each such person shall be entitled to receive payment under this Plan in the same proportion as the proportion of benefits such person is entitled to receive under the SESP, the Savings Plan, or the ICP Plan, as applicable. View More

Beneficiary. Shall mean the Person designated by an Award Recipient to receive any Shares subject to a Restricted Stock Award made to such Award Recipient that become distributable following the Award Recipient's death.

Beneficiary. Means the person designated as beneficiary on the Optionee's Membership Agreement or, if no such beneficiary is named, the person to whom the Option is transferred by will or under the applicable laws of descent and distribution.

Beneficiary. The person or entity to receive rights or benefits under this Agreement, as set forth in this Agreement, in the event of the death of Executive. Unless otherwise specified in a written notice to the Bank, the Beneficiary shall be the spouse of Executive, if any, and if there is none, the estate of Executive (including any trust created by the terms of Executive's will) or, if Executive provides the Bank with written notice thereof prior to his death, any trust as to which Executive was a... settlor with a power of revocation. View More

Beneficiary. Shall mean such individual or the trustees or trustee of a trust as may be designated by a Participant pursuant to such Participant's deferral election.