Windstream 2006 Annual Report Download - page 61

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XIII. PAYMENTS TO PERSON OTHER THAN PARTICIPANT
If the Committee shall find that a Participant or his Beneficiary to whom an Award is payable under the
Plan is unable to care for his affairs because of illness or accident, or is a minor, or has died, then any payment
due him or his estate (unless a prior claim therefore has been made by a duly appointed representative) may, if
the Committee so directs, be paid to his spouse, child, a relative, an institution maintaining custody of such
person or any other person deemed by the Committee to be a proper recipient on behalf of such person otherwise
entitled to payment. Any such payment shall be a complete discharge of the liability of the Plan, the Company
and the Committee therefore.
XIV. NO RIGHT, TITLE OR INTEREST IN COMPANY’S ASSETS
No Participant or Beneficiary shall have any right, title or interest whatsoever in or to any investments
which the Company or a Subsidiary may make to aid it in meeting its obligations under the Plan. Nothing
contained in the Plan, and no action taken pursuant to its provisions, shall create, or be construed to create, a trust
of any kind, or fiduciary relationship between the Company or a Subsidiary and any Participant or Beneficiary or
any other person. To the extent that any person acquires a right to receive payments from the Company under the
Plan, such rights shall be no greater than the right of an unsecured general creditor of the Company. All payments
to be made hereunder shall be paid from the general funds of the Company, and no special or separate funds shall
be established, and no segregation of assets shall be made, to assure payment thereof.
XV. SUCCESSORS
The Company shall require any successor (whether direct or indirect, by purchase, merger,
consolidation, reorganization or otherwise) to all or substantially all of the business and/or assets of the Company
expressly to assume this Plan. This Plan shall be binding upon and inure to the benefit of the Company and any
successor of or to the Company, including without limitation any persons acquiring directly or indirectly all or
substantially all of the business and/or assets of the Company whether by sale, merger, consolidation,
reorganization or otherwise (and such successor shall thereafter be deemed the “Company” for the purposes of
this Plan), and the heirs, beneficiaries, executors and administrators of each Participant; provided that any
successor to this Plan shall not assume any obligation with respect to any Participant for services performed or
related compensation earned by the Participant prior the Effective Date or any obligation of Alltel Corporation to
such Participant under the Alltel Corporation Incentive Compensation.
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