You have the right to designate one or more beneficiaries at any time by delivering a written designation to the Fund. Any written designation shall become effective only upon its receipt and acceptance as to form by the Trustees.

If the beneficiary is other than your spouse, then your spouse must consent to the designation in writing, and the consent must be witnessed by a Notary Public or the Fund Manager or Assistant Fund Manager.

A beneficiary designation shall be effective only if the designated beneficiary survives the Participant. If there is no designated beneficiary on file with the Fund for a deceased Participant, the Trustees shall pay such monies to your spouse. If there is no spouse surviving, to the surviving children in equal shares. If there are no children surviving, then it shall be paid to your Estate.