Participant's Beneficiary

You may designate anyone as your beneficiary except an employer. Your named beneficiary receives the proceeds of the life insurance and accidental death and dismemberment benefits at death. In the event that your beneficiary does not survive you, or if you fail to name a beneficiary, proceeds are paid to the first survivor in the following order:

• Spouse or domestic partner.
• Children, in equal shares.
• Parents, in equal shares.
• Brothers and sisters, in equal shares.
• Executors or administrators.

If you designate a person who is or subsequently became your spouse, the beneficiary designation is automatically revoked if the marriage is subsequently dissolved or invalidated, unless you redesignate the former spouse following the dissolution or invalidation of the marriage. A new Enrollment Form must be completed when there is a marriage, divorce, or a change in beneficiary designation. Similarly, if, following the end of a domestic partnership, you want your domestic partner to remain your life insurance beneficiary, you must designate your former domestic partner as your life insurance beneficiary on the new Enrollment Form. State community property laws are preempted with respect to the plan.