BB&T 2015 Annual Report Download - page 300

Section 4. Trust Obligation To Pay Benefits Under the Plans; Accounts:
4.1 Obligation of Trustee: The Trustee shall pay benefits to Participants under the Plans pursuant to Section 6.6.
4.2 Participant Accounts: For administrative convenience, the Trustee shall establish and maintain a Participant
Account for each Participant, which Account represents the aggregate of the separate accounts established and maintained for such
Participant pursuant to this Section 4.2. The Trustee may establish and maintain in behalf of each Participant one or more of the
following seven separate accounts with respect to his Participant Account: (1) Salary Reduction Account; (2) Matching Account; (3)
Discretionary Account; (4) Incentive Compensation Account; (5) Prior Plan Account; (6) Profit Sharing Account; and (7) Deferred
Compensation Account. The Trustee shall also establish and maintain with respect to each separate account maintained one or more of
the following sub-accounts: (A) Fixed Rate Account; (B) Investment Fund Account; and (C) Company Stock Account.
4.3 Unallocated Account: The Trustee shall establish an Unallocated Account to hold any contribution made in excess
of the Plan Benefits of all Participants under the Plans and any excess of the balance in a Participant Account over the Plan Benefits of
the Participant. The Trustee shall also establish and maintain with respect to the Unallocated Account one or more of the following
three sub-accounts: (1) Fixed Rate Account; (2) Investment Fund Account; and (3) Company Stock Account.
4.4 Expense Account: The Trustee shall establish an Expense Account as provided in Section 5.3.
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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