Dell 2003 Annual Report Download - page 102

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Participant's Periods of Service completed after such Period of Severance shall be disregarded for purposes of determining such Participant's
Vested Interest in any Plan benefits derived from Employer Contributions made on his behalf before such Period of Severance, but such
Participant's Periods of Service completed before such Period of Severance shall not be disregarded in determining his Vested Interest in any
Plan benefits derived from Employer Contributions made on his behalf after such Period of Severance.
(3) A Participant who terminates employment with the Employer and all Controlled Entities at a time when he has a 100% Vested Interest in his
Employer Contribution Account shall not forfeit any of his Vesting Service for purposes of determining such Participant's Vested Interest in
any Plan benefits derived from Employer Contributions made on his behalf.
(d) Forfeitures of Nonvested Account Balance.
(1) With respect to a Participant who terminates employment with the Employer and all Controlled Entities with a Vested Interest in his
Employer Contribution Account that is less than 100% and receives a distribution from the Plan of the balance of his Vested Interest in his
Accounts in the form of a lump sum distribution by the close of the second Plan Year following the Plan Year in which his employment is
terminated, the nonvested portion of such terminated Participant's Employer Contribution Account as of the Valuation Date next preceding
his Benefit Commencement Date shall become a forfeiture as of his Benefit Commencement Date (or as of his date of termination of
employment with the Employer and all Controlled Entities if no amount is payable from the Trust Fund on behalf of such Participant with
such Participant being considered to have received a distribution of zero dollars on his date of termination of employment).
(2) With respect to a Participant who terminates employment with the Employer and all Controlled Entities with a Vested Interest in his
Employer Contribution Account less than 100% and who is not otherwise subject to the forfeiture provisions of Subsection 7.4(d)(1), the
nonvested portion of his Employer Contribution Account shall be forfeited as of the earlier of (i) the date the Participant completes a Period
of Severance of five consecutive years or (ii) the date of the terminated Participant's death.
(e) Restoration of Forfeited Account Balance. In the event that the nonvested portion of a terminated Participant's Employer Contribution Account
becomes a forfeiture, the terminated Participant shall, upon subsequent reemployment with the Employer or a Controlled Entity prior to incurring a
Period of Severance of five consecutive years, have the forfeited amount restored to such Participant's Employer Contribution Account, unadjusted
by any subsequent gains or losses of -34-