Beneficiary

Beneficiary. (i) an individual, trust, estate, or family trust who or that, by will or by operation of the laws of descent and distribution, succeeds to the rights and obligations of the Participant under the Plan on the Participant's death; or (ii) an individual who, as a result of designation by the Participant in a Beneficiary Designation, or as otherwise provided in the Beneficiary Designation rules set forth below, succeeds to the rights and obligations of the Participant under the Plan on such... Participant's death. View More

Beneficiary. The person(s) designated by a Participant to receive any benefits payable under this Program after the Participant's death. The Company's Secretary shall provide a form for this purpose. If the Participant is not survived by a designated Beneficiary, the Participant's Beneficiary shall be the Participant's executor, administrator, legal representative or similar person. If one or more Beneficiaries survive the Participant, but all designated Beneficiaries die before the entire balance payable... under this Program has been distributed, any remaining balance shall be paid to the estate of the last surviving Beneficiary. A Participant may change his or her Beneficiary designation at any time until his or her death by filing a written Beneficiary Designation Form with the Secretary, in the manner specified by the Secretary. View More

Beneficiary. A Person entitled to receive payments or other benefits or exercise rights that are available under the Plan in the event of the Participant's death. If no such Person can be named or is named by the Participant, or if no Beneficiary designated by such Participant is eligible to receive payments or other benefits or exercise rights that are available under the Plan at the Participant's death, such Participant's Beneficiary shall be such Participant's estate.

Beneficiary. The person or persons designated by a Participant in accordance with procedures established by the Committee to receive payment of the Participant's Account in the event of his/her death

Beneficiary. Means, subject to applicable law, an individual who has been designated by the Participant, in such form and manner as the Board (as defined below) or Committee (as defined below), as the case may be, may determine, to receive benefits payable under this Award Agreement upon the death of the Participant, or, where no such designation is validly in effect at the time of death, or where the designated individual does not survive the Participant, the Participant's legal representative;

Beneficiary. The person, persons or entity last designated by the Participant to receive any benefits payable after Participant's death pursuant to Section 9 of the Plan.

Beneficiary. The person or persons designated in writing by the Participant to be the Participant's Beneficiary for purposes of the Plan. Such designation shall be made in writing by the Participant in the manner prescribed by the Committee. The Participant may change or revoke such designation at any time, only if such change or revocation is made in writing in the manner prescribed by the Committee. If, at the time of the Participant's death, no Beneficiary has been designated or the designated... Beneficiary predeceases the Participant, the Participant's Beneficiary for purposes of the Plan will be (i) the Participant's spouse, (ii) if there is no spouse, the Participant's children, including legally adopted children, in equal shares per stirpes, and (iii) if there is no spouse nor children, the Participant's estate. View More

Beneficiary. A person designated by an Eligible Employee in accordance with Section 12 to receive, in the event of the Eligible Employee's death, any amounts remaining to be paid with respect to the Eligible Employee under the Plan.

Beneficiary. The individuals or entities which have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant's death or, if there is no designated Beneficiary or surviving designated Beneficiary, then the individuals or entities entitled by will or the laws of descent and distribution to receive such benefits

Beneficiary. Means any beneficiary of the Credit, including any second or substitute beneficiary or transferee under a transferable letter of credit and any successor of a beneficiary by operation of law.