Beneficiary Designation Clause Example with 6 Variations from Business Contracts

This page contains Beneficiary Designation clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares that are distributable or cash payable hereunder in respect of the Units at the time specified in Section 4 hereof or, if applicable, Section 6 hereof. Each designation will revoke all prior designations, shall be in a form prescribed by the Board, and will be effective only... when filed in writing with the Board during the Participant's lifetime. In the absence of any such effective designation, shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, or otherwise to the Participant's estate. View More
Found in EARTHSTONE ENERGY INC contract

Variations of a "Beneficiary Designation" Clause from Business Contracts

Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares Shares that are distributable or cash 8 payable hereunder in respect of the Participant's Performance Share Units at the time specified in Section 4 hereof or, if applicable, Section 6 hereof. 6.1(a). Each designation will revoke all prior designations, shall be in a form pr...escribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such an effective beneficiary designation, shares Shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, executor, administrator or otherwise to the Participant's estate. other legal representative. View More
Found in MRC GLOBAL INC. contract
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares Shares that are distributable or cash 8 payable hereunder in respect of the Participant's Performance Share Units at the time specified in Section 4 hereof or, if applicable, Section 6 hereof. 6.1(a). Each designation will revoke all prior designations, shall be in a form pr...escribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such an effective beneficiary designation, shares Shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, executor, administrator or otherwise to the Participant's estate. other legal representative. View More
Found in MRC GLOBAL INC. contract
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares Shares that are distributable or cash payable hereunder in respect of the Participant's Performance Share Units at the time specified in Section 4 hereof or, if applicable, Section 6 hereof. 6.1(a). Each designation will revoke all prior designations, shall be in a form pres...cribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such an effective beneficiary designation, shares Shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, executor, administrator or otherwise to the Participant's estate. other legal representative. View More
Found in MRC GLOBAL INC. contract
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any 5 shares of Class A Common Stock that are distributable or cash payable hereunder in respect of the Units and cash distributable hereunder in respect of the Cash Dividend Rights at the time specified in Section 4 hereof or, if applicable, Section 6 2 hereof. Each designation will r...evoke all prior designations, shall be in a form prescribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such effective designation, shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, or otherwise to the Participant's estate. View More
Found in EARTHSTONE ENERGY INC contract
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares of Class A Common Stock that are distributable or cash payable hereunder in respect of the Units and cash distributable hereunder in respect of the Cash Dividend Rights at the time specified in Section 4 hereof or, if applicable, Section 6 2 hereof. Each designation will rev...oke all prior designations, shall be in a form prescribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such effective designation, shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, or otherwise to the Participant's estate. View More
Found in EARTHSTONE ENERGY INC contract
Beneficiary Designation. The Participant may from time to time name any beneficiary or beneficiaries (who may be named contingently or successively) to whom shall be delivered or paid under this Agreement following the Participant's death any shares of Class A Common Stock that are distributable or cash payable hereunder in respect of the Units and cash distributable hereunder in respect of the Cash Dividend Rights at the time specified in Section 4 hereof or, if applicable, Section 6 hereof. Each designation will revok...e all prior designations, shall be in a form prescribed by the Board, and will be effective only when filed in writing with the Board during the Participant's lifetime. In the absence of any such effective designation, shares issuable and cash payable in connection with the Participant's death shall be paid to the Participant's surviving spouse, if any, or otherwise to the Participant's estate. View More
Found in 2 Contracts from EARTHSTONE ENERGY INC