PBI » Topics » PITNEY BOWES INC. WORLD HEADQUARTERS ATTN: CORPORATE SECRETARY 1 ELMCROFT ROAD STAMFORD, CT 06926-0700
This excerpt taken from the PBI 10-K filed Feb 26, 2009.
PITNEY BOWES INC.
ATTN: CORPORATE SECRETARY
1 ELMCROFT ROAD
STAMFORD, CT 06926-0700
Any notice or filing
required or permitted to be given to a Participant under this Plan shall be
sufficient if in writing or hand-delivered, or sent by mail to the last known
address of the Participant.
Headings. The headings of Sections are included
solely for convenience of reference, and if there is any conflict between
such headings and the text of this Plan, the text shall control.
Invalid or Unenforceable
Provisions. If any
provision of this Plan shall be held invalid or unenforceable, such
invalidity or unenforceability shall not affect any other provisions hereof
and the Committee may elect in its sole discretion to construe such invalid
or unenforceable provisions in a manner that conforms to applicable law or as
if such provisions, to the extent invalid or unenforceable, had not been
included. The invalidity or unenforceability of any provision of this Plan
shall not affect the validity or enforceability of any other provision of
this Plan, which shall remain in full force and effect, and any
unenforceability in any jurisdiction shall not invalidate or render
unenforceable such provision in any other jurisdiction.
Lost Participants or
Participant or Beneficiary who is entitled to a benefit from the Plan has the
duty to keep the Committee advised of his or her current mailing address. If
benefit payments are returned to the Plan or are not presented for payment
after a reasonable amount of time, the Committee shall presume that the payee
is missing. The Committee, after making such efforts as in its discretion it
deems reasonable and appropriate to locate the payee, shall stop payment on
any uncashed checks and may discontinue making future payments until contact
with the payee is restored.
Facility of Payment to a
Minor. If a
distribution is to be made to a minor, or to a person who is otherwise
incompetent, then the Committee may, in its discretion, make such
distribution (i) to the legal guardian, or if none, to a parent of a minor
payee with whom the payee maintains his or her residence, or (ii) to the
conservator or committee or, if none, to the person having custody of an
incompetent payee. Any such distribution shall fully discharge the Committee,
the Company, and the Plan from further liability on account thereof.
Governing Law. To the extent not preempted by ERISA, the
laws of the State of Connecticut shall govern the construction and
administration of the Plan.
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