Common use of Designation of a Beneficiary Clause in Contracts

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. You may make a written designation of a beneficiary or beneficiaries to receive all or part of the Shares to be paid delivered 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 DepartmentDepartment or with the legal representative of your estate. Any Shares that become payable upon your death, and as to which a designation of a 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.