BB&T 2015 Annual Report Download - page 278

ARTICLE XVIII
MISCELLANEOUS PROVISIONS
18.1 Notices. Each Participant who is not in Service and each Beneficiary shall be responsible for furnishing the Plan
Administrator with his current address for the mailing of notices, reports, and benefit payments; provided, however, that the Plan
Administrator may use the last address on file with it as a valid address. Any notice required or permitted to be given to any such
Participant or Beneficiary shall be deemed given if directed to such address and mailed by regular United States mail, first class,
postage prepaid. This provision shall not be construed as requiring the mailing of any notice or notification otherwise permitted to be
given by posting or by other publication.
18.2 Lost Distributees. A benefit shall be deemed forfeited if the Plan Administrator is unable after a reasonable period of
time to locate the Participant or Beneficiary to whom payment is due.
18.3 Reliance on Data. The Employer, the Committee, and the Plan Administrator shall have the right to rely on any data
provided by the Participant or by any Beneficiary. Representations of such data shall be binding upon any party seeking to claim a
benefit through a Participant; and the Employer, the Committee, and the Plan Administrator shall have no obligation to inquire into the
accuracy of any representation made at any time by a Participant or Beneficiary.
18.4 Receipt and Release for Payments. Any payment made from the Plan to or with respect to any Participant or
Beneficiary, or pursuant to a disclaimer by a Beneficiary, shall, to the extent thereof, be in full satisfaction of all claims hereunder
against the Plan and the Employer with respect to the Plan. The recipient of any payment from the Plan may be required by
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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