Beneficiaries Clause Example with 3 Variations from Business Contracts

This page contains Beneficiaries 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.
Beneficiaries. If permitted by the Company, a Participant may designate one or more beneficiaries with respect to an Award by timely filing the prescribed form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Participant's death. Except as otherwise provided in an Award Agreement, if no beneficiary was designated or if no designated beneficiary survives the Participant, then after a Participant's death any vested Award(s) shall be ...transferred or distributed to the Participant's estate or to any person who has the right to acquire the Award by bequest or inheritance. View More

Variations of a "Beneficiaries" Clause from Business Contracts

Beneficiaries. If permitted by Unless stated otherwise in the Company, a Award Agreement, the Participant may designate one or more beneficiaries with respect to an the Award by timely filing the prescribed form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Participant's death. Except as otherwise provided in an Award Agreement, if If no beneficiary was designated or if no designated beneficiary survives the Participant, then af...ter a the Participant's death any vested Award(s) the Award (if vested) shall be transferred or distributed to the Participant's estate or to any person who has the right to acquire the Award by bequest or inheritance. estate. View More
Beneficiaries. If permitted by the Company, Unless stated otherwise in an Award agreement, a Participant may designate one or more beneficiaries with respect to an Award by timely filing the prescribed form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Participant's death. Except as otherwise provided in an Award Agreement, if If no beneficiary was designated or if no designated beneficiary survives the Participant, then after a... Participant's death any and vested Award(s) Awards shall be transferred or distributed to the Participant's estate or to any person who has the right to acquire the Award by bequest or inheritance. estate. View More
Beneficiaries. If permitted by the Company, Unless stated otherwise in an Award agreement, a Participant may designate one or more beneficiaries with respect to an Award by timely filing the prescribed form with the Company. A beneficiary designation may be changed by filing the prescribed form with the Company at any time before the Participant's death. Except as otherwise provided in an Award Agreement, if If no beneficiary was designated or if no designated beneficiary survives the Participant, then after a... Participant's death any vested Award(s) shall be transferred or distributed to the Participant's estate or to any person who has the right to acquire the Award by bequest or inheritance. estate. View More