Designation of a Beneficiary Sample Clauses

Designation of a Beneficiary. Any designation of a beneficiary or beneficiaries to receive all or part of the Shares to be paid under this Award Agreement in the event of your death will be governed by local law. To make a beneficiary designation, you must coordinate with your personal tax or estate planning representative. Any Shares that become payable upon your death will be distributed to your estate in accordance with local law rules. You may replace or revoke your beneficiary designation at any time. If there is any question as to the legal right of any beneficiary(ies) to receive Shares under this award, MSCI may determine in its sole discretion to deliver the Shares in question to your estate. MSCI’s determination shall be binding and conclusive on all persons, and it will have no further liability to anyone with respect to such Shares.

Designation of a Beneficiary. Any designation of a beneficiary or beneficiaries to receive all or part of the Shares to be paid under this Award Agreement in the event of your death will be governed by local law. To make a beneficiary designation, you must coordinate with your personal tax or estate planning representative. Any Shares that become payable upon your death will be distributed to your estate in accordance with local law rules. If there is any question as to the legal right of any beneficiary(ies) to receive Shares under this award, MSCI may determine in its sole discretion to deliver the Shares in question to your estate. MSCI’s determination shall be binding and conclusive on all persons, and it will have no further liability to anyone with respect to such Shares.

Designation of a Beneficiary. Employees must designate a beneficiary when enrolling in the following plans:

Designation of a Beneficiary. (1) Since January 1, 2004, the Canada Revenue Agency requires that the beneficiary be a Canadian resident when the designation is made. The beneficiary must also be a Canadian resident at the time the subscriber contributes to his RESP. (2) In order to obtain registration of an ESP established by a plan, section 146.1 of the Income Tax Act (Canada) requires, in addition to the social insurance number (SIN) of the designated beneficiary, the SIN of the subscriber and beneficiary's primary caregiver (if this individual and the subscriber are not the same person) or, if applicable, the business number of the ministry, the organization or the establishment acting as public primary caregiver of the beneficiary. The manager’s collecting of this information constitutes a prerequisite for the entry into force of the contract between the subscriber and the Foundation, even if the latter has approved it. (3) For any change of beneficiary, the subscriber must also provide the SIN of the new beneficiary prior to processing this change. (4) The subscriber can make contributions on behalf of the beneficiary whose SIN has not yet been provided to the manager. However, these contributions will be paid into an unregistered (non-interest-bearing) suspense account pending receipt of the missing SIN. (5) When the subscriber provides the missing SIN within twelve (12) months following the application date, the contributions are transferred to the subscriber’s RESP account, according to the plan selected. (6) If the missing SIN is provided within the period of twelve (12) months, the use of the unregistered account offers to the subscriber the advantage that the applicable contribution schedule will be based on the beneficiary’s age at the date of the application, rather that his age at the time the SIN is provided and the RESP registered. (7) When the missing SIN is not provided within the period of twelve (12) months following the application date, the manager will cancel the plan and all contributions made to the unregistered account are refunded to the subscriber, less the sales charges already paid.

Designation of a Beneficiary. You may make a written designation of beneficiary or beneficiaries to receive all or part of the Shares to be paid under this Award Agreement in the event of your death or, following your death, to exercise any Options that have become exercisable and have not expired or been canceled. To make a beneficiary designation, you must complete and file the form attached hereto as Appendix A with MSCI’s Human Resources Department. Any Shares that become payable upon your death, and as to which a designation of beneficiary is not in effect, will be distributed to your estate. Any Options that remain exercisable following your death, and as to which a designation of a beneficiary is not in effect, will be exercisable by the legal representative of your estate. You may replace or revoke your beneficiary designation at any time. If there is any question as to the legal right of any beneficiary to receive Shares or exercise Options under this award, MSCI may determine in its sole discretion to deliver the Shares in question to your estate or to allow the representative of your estate to exercise the Options in question. MSCI’s determination shall be binding and conclusive on all persons and it will have no further liability to anyone with respect to such Options.

Designation of a Beneficiary. The Plan Administrator, in its sole discretion, may permit you to make a written designation of a beneficiary or beneficiaries to receive all or part of the Shares to be paid under this Award Agreement in the event of your death. To make a beneficiary designation, you must complete and file the form attached hereto as Appendix A with your personal tax or estate planning representative. Any Shares that become payable upon your death, and as to which a designation of beneficiary is not in effect, will be distributed to your estate. You may replace or revoke your beneficiary designation at any time. If there is any question as to the legal right of any beneficiary(ies) to receive Shares under this Award Agreement, MSCI may determine in its sole discretion to deliver the Shares in question to your estate. MSCI’s determination shall be binding and conclusive on all persons, and it will have no further liability to anyone with respect to such Shares.

Designation of a Beneficiary. If the Annuitant is domiciled in any jurisdiction in which a participant in a retirement savings plan may validly designate a beneficiary other than by Will, the Annuitant may, by instrument in writing in form and execution satisfactory to the Depositary and delivered to the Depositary prior to the death of the Annuitant, designate a person to be entitled to receive the net amount of the Plan payable under the provisions of Clause 11. The person so designated by the Annuitant shall be deemed to be the Designated Beneficiary of the Annuitant unless such person shall predecease the Annuitant or unless the Annuitant shall, by instrument in writing in form and execution satisfactory to the Depositary and delivered to the Depositary prior to the death of the Annuitant, revoke such designation.

Designation of a Beneficiary. Upon the completion and delivery by BenTov of any applicable insurance forms to the Company and payment of the applicable portion of the premium payment for the period commencing on the Effective Date previously paid by the Company, the Company shall cause the insurance provider to name the beneficiary designated by BenTov as a beneficiary for $5.0 million ($2.5 million after March 31, 2007) payable under the policy.