Missing Recipient Clause Samples

Missing Recipient. Each Participant must file in writing his post office address from time to time and file in writing each change of post office address. Any communication, statement or notice addressed to a Participant at his last known post office address, or if no address is known then at the Participant’s last post office address as shown on the Company’s records, will be binding on the Participant for all purposes of the Plan. The Plan Administrator will make a reasonable effort to find the Participant. If a Participant entitled to benefits under the Plan fails to claim such benefits and it is not possible to reasonably find his whereabouts, such benefits shall be forfeited and shall be used until exhausted to reduce the Company contributions otherwise required under ARTICLE VII, of the Company or Related Company which last employed the Participant. If the location of the Participant is subsequently determined, such forfeiture shall be restored by the Company, without adjustment for earnings from the date of forfeiture, and such restoration shall not be treated as an Annual Addition for purposes of Section 12.1.