Failure to Designate. If the Grantee fails to designate a beneficiary as provided above, or if all designated beneficiaries predecease the Grantee, then all payments hereunder in respect of the Grantee shall be made to the Grantee’s estate. In such circumstances, the distribution will be made in cash.
Appears in 2 contracts
Sources: Deferred Incentive Award Agreement (Janus Henderson Group PLC), Deferred Incentive Award Agreement (Janus Henderson Group PLC)
Failure to Designate. If the Grantee fails to designate a beneficiary as provided above, or if all designated beneficiaries predecease the Grantee, then all payments hereunder in respect of the Grantee shall be made to the GranteeParticipant’s estate. In such circumstances, the distribution will be made in cash.
Appears in 1 contract
Sources: Deferred Incentive Award Agreement (Janus Henderson Group PLC)
Failure to Designate. If the Grantee fails to designate a beneficiary as provided above, or if all designated beneficiaries predecease the Grantee, then all payments hereunder in respect of the Grantee shall be made to the GranteeParticipant’s estate. In such circumstances, the distribution will be made in cash, regardless of whether the Grantee had chosen to receive mutual fund units.
Appears in 1 contract
Sources: Dip Fund Award Agreement (Janus Henderson Group PLC)