Common use of Unclaimed Benefit Payments Clause in Contracts

Unclaimed Benefit Payments. If any check or share certificate in payment of a benefit hereunder which has been mailed by regular US mail to the last address of the payee furnished the Trustee by the Client or Recordkeeper is returned unclaimed, the Trustee shall notify the Client or Recordkeeper and shall discontinue further payments to such payee until it receives the further instruction of the Client or Recordkeeper or as provided by the Business Requirements Document in Exhibit 1 of the Administrative Services Agreement.

Unclaimed Benefit Payments. If any check or share certificate in payment of a benefit hereunder which has been mailed by regular US mail to the last address of the payee furnished the Trustee by the Client or Recordkeeper Company is returned unclaimed, the Trustee shall notify the Client or Recordkeeper Company and shall discontinue further payments to such payee until it receives the further instruction of the Client or Recordkeeper or as provided by the Business Requirements Document in Exhibit 1 of the Administrative Services AgreementCompany.

Unclaimed Benefit Payments. If any check or share certificate in payment of a benefit hereunder which has been mailed by regular US mail to the last address of the payee furnished the Trustee by the Client Company or Recordkeeper is returned unclaimed, the Trustee shall notify the Client Company or Recordkeeper and shall discontinue further payments to such payee until it receives the further instruction of the Client Company or Recordkeeper or as provided by the Business Requirements Document in Exhibit 1 of the Administrative Services AgreementRecordkeeper.

Unclaimed Benefit Payments. If any check or share certificate in payment of a benefit hereunder hereunder, which has been mailed by regular US United States first-class mail to the last address of the payee furnished to the Trustee Trustees by the Client or Recordkeeper Administrator, is returned unclaimed, the Trustee Trustees shall notify the Client or Recordkeeper Administrator and shall discontinue further payments to such payee until it receives they receive the further instruction instructions of the Client or Recordkeeper or as provided by the Business Requirements Document in Exhibit 1 of the Administrative Services AgreementAdministrator, subject to any applicable Unclaimed Property Act provisions.