Beneficiary

Example Definitions of "Beneficiary"
Beneficiary. The person or entity entitled to receive a Participant's benefits under the Base Plan in the event of the Participant's death.
Beneficiary. Means such person designated in writing by a Director to receive the shares deliverable in accordance with Section 8 from the Director's Deferred Stock Account in the event of such Director's death. Such designation shall be made on a form provided by the Committee. A Director may from time to time change his designated Beneficiaries by filing a new designation in writing with the Committee. A Director may designate a Beneficiary, or change a prior designation, only in accordance with the... Beneficiary designation procedures applicable to the Plan. The Company and the Committee may rely conclusively upon the Beneficiary designation last filed in accordance with the Plan. If there is no surviving designated Beneficiary or if the Director has not previously designated a Beneficiary, the Beneficiary shall be deemed to be the Director's estate. For purposes of the defined term "Beneficiary", "person" shall mean an individual, partnership, corporation, trust, estate, unincorporated organization, association or other entity. View More
Beneficiary. Means a person or entity designated in writing by a Participant on such forms and in accordance with such terms and conditions as the Committee may prescribe, to whom such Participant's rights under the Plan shall pass in the event of the death of such Participant. If the person or entity so designated is not living or in existence at the time of the death of the Participant, or if no such person or entity has been so designated, the "Beneficiary" shall mean the person or persons in the first... of the following classes in which there are any survivors of the Participant: (i) his or her spouse at the time of death, (ii) his or her issue per stirpes, (iii) his or her parents, and (iv) the executor or administrator of his or her estate. View More
Beneficiary. The person(s) designated by the Participant, in writing on a form provided by the Committee, to receive payments under the Plan in the event of his death while a Participant or, in the absence of such designation, the Participant's estate
Beneficiary. With respect to an Outside Trustee, the person or persons the Outside Trustee designates to receive the balance in his or her Deferred Unit Account in the event his or her Termination Date occurs on account of death. Any designation of a Beneficiary shall be in writing, signed by the Outside Trustee and filed with the Administrator prior to the Outside Trustee's death. A Beneficiary designation shall be effective when filed with the Administrator in accordance with the preceding sentence. If... more than one Beneficiary has been designated, the balance in the Outside Trustee's Deferred Unit Account shall be distributed to each such Beneficiary per capita. In the absence of a Beneficiary designation or if no Beneficiary survives the Outside Trustee, the Beneficiary shall be the Outside Trustee's estate. View More
Beneficiary. The person or entity designated by the Participant or the Participant's legal representative as provided under Section 9.
Beneficiary. Shall mean any person who is entitled to benefits accrued to a deceased Participant pursuant to the terms of the Plan or who would be so entitled in the event of the death of a Participant.
Beneficiary. A person designated by an Eligible Executive in accordance with Section 12 of the Plan to receive, in the event of the Eligible Executive's death, any amounts remaining to be paid with respect to the Eligible Executive under the Plan
Beneficiary. A person or entity (including a trust or estate), designated in writing by a Participant on such forms and in accordance with such terms and conditions as the Committee may prescribe, to whom the Participant's rights under the Plan shall pass in the event of the death of the Participant.
Beneficiary. Any person (which may include trusts and is not limited to one person) designated by the Participant in his or her most recent written Beneficiary designation form filed with the Company to receive the benefits specified under the Plan in the event of the Participant's death. The spouse of a married Participant shall be required to consent to the designation of a Beneficiary or Beneficiaries other than such spouse, unless such spouse cannot be located or the Company, in its sole and absolute... discretion, determines in a particular case, that it would be appropriate to waive the spousal consent requirement. If no designated Beneficiary survives the Participant's death, then "Beneficiary" shall mean any persons(s) entitled by the Participant's will, or in the absence thereof, the laws of descent and distribution of the Participant's state of domicile, to receive such benefits. View More
All Definitions