Common use of OPTIONAL FORMS OF BENEFIT Clause in Contracts

OPTIONAL FORMS OF BENEFIT. Except as otherwise provided in the applicable Supplement, a married Participant may elect, with spousal consent and in accordance with Section 6.3, to receive the Participant’s benefits in the form of an Individual Life Annuity.

Appears in 1 contract

Sources: Employees’ Retirement Program (FMC Technologies Inc)

OPTIONAL FORMS OF BENEFIT. Except as otherwise provided in the applicable Supplement, a married Participant may elect, with spousal consent and in accordance with Section 6.3, to receive the Participant’s 's benefits in the form of an Individual Life Annuity. 6.3 Election of Benefits --------------------

Appears in 1 contract

Sources: Quarterly Report