Exhibit 99(c)
VOTING INSTRUCTIONS
FOR THE
CO-TRUSTEES OF THE
COMMUNITY FIRST BANKING COMPANY
EMPLOYEE STOCK OWNERSHIP PLAN
COMMUNITY FIRST BANKING COMPANY
NOTICE OF VOTING OPPORTUNITY
AT A SPECIAL MEETING OF SHAREHOLDERS
TO BE HELD
DECEMBER 10, 2001
To the participants in the Community First Banking Company Employee Stock
Ownership Plan (the "ESOP"):
A Special Meeting of Shareholders of Community First Banking Company ("Community
First") will be held at the main office of Community First Bank located at 110
Dixie Street, Carrollton, Georgia, on December 10, 2001, at 5:00 p.m., local
time, for the following purpose:
To vote on the Agreement and Plan of Reorganization, dated as of July
9, 2001, by and between BB&T Corporation ("BB&T") and Community First,
and a related plan of merger (collectively, the "Merger Agreement")
pursuant to which Community First will merge with and into BB&T, with
Community First shareholders receiving 0.98 shares of BB&T common stock
in the merger in exchange for each of their shares of Community First
common stock plus cash instead of any fractional share. The Merger
Agreement is more fully described in the accompanying Proxy
Statement/Prospectus, and a copy of the Agreement and Plan of
Reorganization and related plan of merger is attached to the Proxy
Statement/Prospectus as Appendix A.
Voting Directions. Because shares of Community First common stock are credited
to your account under the ESOP, you have the right to direct the ESOP
co-trustees how to vote the shares credited to your account at the meeting of
shareholders on this proposal and any other matters presented at the Special
Meeting.
How to Vote. As co-trustees of the ESOP, we are the owners of record of the
shares of Community First common stock held for your account in the ESOP. As
such, we are the only ones who can vote your shares, but we will vote the shares
credited to your account in accordance with your instructions. We are sending
you the enclosed Letter of Instruction for you to convey to us your voting
instructions.
Voting Shares Credited to You under the ESOP. To vote shares of Community First
common stock credited to your account under the ESOP, please instruct us by
completing, executing and returning to us the attached Letter of Instruction. A
proxy statement describing the matters to be voted upon at the meeting has been
delivered to you with this Notice. Pursuant to the terms of the ESOP, you are
entitled to direct the vote of shares credited to your account with respect to
the proposed merger of Community First with and into BB&T. You should review
this proxy statement before completing your Letter of Instruction. An envelope
to return your Letter of Instruction is enclosed.
THE LETTER OF INSTRUCTION MUST BE DELIVERED TO THE CO-TRUSTEES BECAUSE VOTING
CAN ONLY BE DONE BY THE CO-TRUSTEES, WHO ARE THE RECORD OWNERS OF ALL SHARES OF
COMMUNITY FIRST COMMON STOCK HELD BY THE ESOP.
YOUR LETTER OF INSTRUCTION SHOULD BE FORWARDED TO US IN AMPLE TIME TO PERMIT US
TO DELIVER VOTES ON YOUR BEHALF ON OR BEFORE THE DATE OF THE SPECIAL SHAREHOLDER
MEETING. THE SPECIAL SHAREHOLDER MEETING WILL TAKE PLACE ON December 10, 2001,
AT 5:00 P.M., LOCAL TIME.
Co-Trustees of the Community First Banking Company Employee Stock Ownership Plan
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ANNA L. BERRY ANYCE C. FOX
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C. LYNN GABLE LISA LAWSON
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STEVE MCCORD W. LAMAR MOODY
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LANE POSTON
COMMUNITY FIRST BANKING COMPANY
THIS LETTER OF INSTRUCTION IS SOLICITED BY THE CO-TRUSTEES OF
THE COMMUNITY FIRST BANKING COMPANY EMPLOYEE STOCK OWNERSHIP PLAN
The undersigned hereby acknowledges receipt of the Notice of Special
Meeting of Shareholders and Proxy Statement/Prospectus, each dated
October 29, 2001, and does hereby direct the co-trustees of the Community First
Banking Company Employee Stock Ownership Plan (the "ESOP") to vote in person or
by proxy all of the shares of Community First Banking Company ("Community
First") common stock credited to the undersigned under the ESOP at a Special
Meeting of Shareholders of Community First Banking Company to be held at
Community First Bank's main office, located at 110 Dixie Street, Carrollton,
Georgia, on December 10, 2001, at 5:00 p.m., local time, as follows:
1. Merger. To approve, ratify, confirm and adopt the Agreement
and Plan of Reorganization, dated as of July 9, 2001, by and
between BB&T Corporation ("BB&T") and Community First, and a
related plan of merger (collectively, the "Merger Agreement"),
pursuant to which Community First will merge with and into
BB&T, with Community First shareholders receiving 0.98 shares
of BB&T common stock in the merger in exchange for each of
their shares of Community First common stock plus cash instead
of any fractional share.
FOR |_| AGAINST |_| ABSTAIN |_|
2. In the discretion of the ESOP co-trustees or their proxies on
such other matters as may properly come before the Special
Meeting or any adjournments thereof.
PLEASE COMPLETE, DATE, SIGN AND RETURN THIS LETTER OF INSTRUCTION PROMPTLY.
This Letter of Instruction, when properly executed, will be voted by the ESOP
trustees in accordance with the directions given by the undersigned. If no
direction is made, it will be voted FOR all proposals.
Dated: , 2001
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Signature
PLEASE COMPLETE, DATE, SIGN AND
RETURN THIS LETTER OF INSTRUCTION
PROMPTLY USING THE ENCLOSED ENVELOPE.