Liability for Contributions. The employer-parties shall be jointly and severally liable with respect to the contribution obligations set forth in Section 5. With respect to and at the time of each contribution to the Trust Fund, the Committee shall deliver to the Trustee a written certificate stating the amount or portion attributable to each employer-party. On the basis of such certificate, the Trustee shall keep records of the amount contributed to the Trust Fund by each employer-party.
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Sources: Bb&t Corporation Non Qualified Deferred Compensation Trust Amendment (Bb&t Corp)
Liability for Contributions. The employer-parties shall be jointly and severally liable with respect to the contribution obligations set forth in Section 55 and benefits under the Plan. With respect to and at the time of each contribution to the Trust Fund, the Committee shall deliver to the Trustee a written certificate stating the amount or portion attributable to each employer-party. On the basis of such certificate, the Trustee shall keep records of the amount contributed to the Trust Fund by each employer-party.
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