BB&T 2015 Annual Report Download - page 306

Trust Fund invested in Company Stock and mutual funds) as provided in Section 6.5.
(5) There shall be debited the amount of the balance in such account in excess of the Plan Benefits
attributable to such account as of such Adjustment Date.
6.1.4 Prior Plan Fixed Rate Account: The Fixed Rate Account (which account functions as a sub-account of the Prior
Plan Account) of each Participant shall be adjusted in this order:
(1) There shall be debited (i) the total amount of any payments made from such account to the Participant
since the next preceding Adjustment Date, (ii) the total amount applied since the next preceding Adjustment Date to the
purchase of mutual fund shares for the Investment Fund Accounts of the Participant (which accounts function as
subaccounts of the Prior Plan Account), (iii) the total amount of any payments made from such account for the benefit
of the Company’s general creditors (other than payments to Participants under the terms of the Trust) since the next
preceding Adjustment Date, and (iv) the total amount of any payments made from such account for Trust Fund
expenses not paid from the Expense Account.
(2) There shall be credited the total amount of any contributions made to such account with respect to the
Participant since the last preceding Adjustment Date as provided in Section 5.2.
(3) There shall be credited cash proceeds from the sale of any mutual fund shares then allocated to an
Investment Fund Account of the Participant which are to be credited to his Fixed Rate Account.
(4) There shall be credited an amount equal to the allocable share of the income and gains of the Trust Fund
(excluding the portion of the Trust Fund invested in Company Stock and mutual funds) as provided in Section 6.5.
(5) There shall be debited the amount of the balance in such account in excess of the Plan Benefits
attributable to such account as of such Adjustment Date.
6.1.5 Deferred Compensation Fixed Rate Account: The Fixed Rate Account (which account functions as a sub-account
of the Deferred Compensation Account) of each Participant shall be adjusted in this order:
(1) There shall be debited (i) the total amount of any payments made from such account to the Participant
since the next preceding , Adjustment Date, (ii) the total amount applied since the next preceding Adjustment Date to
purchase mutual fund shares for the Investment Fund Accounts of the Participant (which accounts function as sub-
accounts of the Deferred Compensation Account), (iii) the total amount of any payments made from such account for
the benefit of the
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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