Common use of Notice of Benefits Payable Clause in Contracts

Notice of Benefits Payable. The Recordkeeper shall notify the Plan Participant or the beneficiary of a deceased Plan Participant that the Plan Participant’s benefits under a Plan have become payable. Such notice shall include the amount of such benefits, the manner of payment (or, where appropriate, the various payment options available) and the name, address and social security number of the Plan Participant. Neither the Trustee nor the Recordkeeper shall have any responsibility for determining whether any Plan Participant or beneficiary has become entitled to any benefit under any of the Plans, or whether any Plan Participant or beneficiary has died, and each of the Trustee and the Recordkeeper shall be entitled to rely solely upon information furnished by the Committee.

Notice of Benefits Payable. The Recordkeeper shall notify the Plan Participant or the beneficiary of a deceased Plan Participant that the Plan Participant’s 's benefits under a Plan have become payable. Such notice shall include the amount of such benefits, the manner of payment (or, where appropriate, the various payment options available) and the name, address and social security number of the Plan Participant. Neither the Trustee nor the Recordkeeper shall have any responsibility for determining whether any Plan Participant or beneficiary has become entitled to any benefit under any of the Plans, or whether any Plan Participant or beneficiary has died, and each of the Trustee and the Recordkeeper shall be entitled to rely solely upon information furnished by the Committee.

Notice of Benefits Payable. The Recordkeeper shall notify the Plan -------------------------- Participant or the beneficiary of a deceased Plan Participant that the Plan Participant’s 's benefits under a Plan have become payable. Such notice shall include the amount of such benefits, the manner of payment (or, where appropriate, the various payment options available) and the name, address and social security number of the Plan Participant. Neither the Trustee nor the Recordkeeper shall have any responsibility for determining whether any Plan Participant or beneficiary has become entitled to any benefit under any of the Plans, or whether any Plan Participant or beneficiary has died, and each of the Trustee and the Recordkeeper shall be entitled to rely solely upon information furnished by the Committee.