BB&T 2015 Annual Report Download - page 290

6.7 Company Obligation 21
6.8 Transfer of Overfunded Assets to the Company 21
6.9 Valuation of Accounts 22
6.10 Withholding Taxes; Employment Taxes 22
Section 7. Taxes, Expenses and Compensation: 22
7.1 Taxes 22
7.2 Expenses and Compensation 23
Section 8. Administration and Records: 23
8.1 Records 23
8.2 Settlement of Accounts 23
8.3 Audit 24
8.4 Judicial Settlement 24
8.5 Delivery of Records to Successor 25
8.6 Tax Filings 25
Section 9. Removal or Resignation of the Trustee and Designation of Successor Trustee: 25
9.1 Removal 25
9.2 Resignation 25
9.3 Successor Trustee 25
Section 10. Enforcement of Trust Agreement and Legal Proceedings: 26
Section 11. Termination: 26
Section 12. Amendment: 27
12.1 Consent Required 27
12.2 Other Limitations on Amendment 27
12.3 Compliance with ERISA and the Code 27
Section 13. Indemnification of Trustee: 27
Section 14. Employer-Parties: 28
14.1 References to Company 28
14.2 Insolvency 28
14.3 Liability for Contributions 28
14.4 Allocation of Reversion 29
Section 15. Miscellaneous: 29
15.1 Nonalienation 29
15.2 Communications 29
15.3 Authority to Act 29
15.4 Authenticity of Instruments 30
15.5 Binding Effect 30
15.6 Inquiry as to Authority 30
15.7 Responsibility for Company or Compensation Committee Action 30
15.8 Grantor Trust 30
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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