BB&T 2015 Annual Report Download - page 365

  means the twelve (12) consecutive month period beginning with the Commencement
Month and, thereafter, beginning with each annual anniversary of the Commencement Month.
  means all non-public information that has been created, discovered, obtained,
developed or otherwise become known to Employer or their Affiliates other than through public sources, including, but not limited to,
all competitively-sensitive information, all inventions, processes, data, computer programs, software, databases, know-how, digital
intellectual property, marketing plans, business and sales plans and strategies, training programs and procedures, acquisition prospects,
customer lists, diagrams and charts and similar items, depositor lists, clients lists, credit information, budgets, projections, new products,
information covered by the Trade Secrets Protection Act, N.C. Gen. Stat., Chapter 66, §§152 to 162, and other information owned by
the Employer or their Affiliates which is not public information.
  means the excise tax on excess parachute payments under Section 4999 of the Code (or any
successor or similar provision thereof), including any interest or penalties with respect to such excise tax.
  means the BB&T Corporation Pension Plan, a tax qualified defined benefit pension plan, as
the same may either be amended from time to time or terminated
  means any individual, person, partnership, limited liability company, joint venture, corporation,
company, firm, group or other entity.
“” means the continental United States.
 “” and “” means voluntary termination by Executive of Executive’s employment with
Employer upon satisfaction of the requirements for early retirement or normal retirement under the Pension Plan.
  means a monthly cash amount equal to one-twelfth (1/12th) of the highest
amount of the annual cash compensation (including cash bonuses and other cash-based compensation, including for these purposes
amounts earned or payable whether or not deferred) received by Executive during any one of the three (3) calendar years immediately
preceding the calendar year in which Executive’s Termination Date occurs; provided, that if the cash compensation received by
Executive during the Termination Year exceeds the highest amount of the annual cash compensation received by Executive during any
one of the immediately preceding three (3) consecutive calendar years, the cash compensation received by Executive during the
Termination Year shall be deemed to be Executive’s highest amount of annual cash compensation. In no event shall Executive’s
Termination Compensation include equity-based compensation (e.g., income realized as a result of Executive’s exercise of non-
qualified stock options or other stock based benefits).
  means the date Executive’s employment with Employer is terminated, and which
termination is a “separation from service” within the meaning of Section 409A.
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Source: BB&T CORP, 10-K, February 25, 2016 Powered by Morningstar® Document Research℠
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