Dell 2003 Annual Report Download - page 90

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Contribution for such Plan Year shall be allocated among the Salary Reduction Contribution Accounts of all Participants who were Eligible
Employees during such Plan Year, with the allocation to each such Participant's Salary Reduction Contribution Account being the portion of such
remaining Employer Fail Safe Contribution which is in the same proportion that such Participant's Compensation for such Plan Year bears to the
total of all such Participants' Compensation for such Plan Year.
(e) The Employer Fail Safe Contribution, if any, made pursuant to Section 3.4 for a Plan Year in order to satisfy the restrictions set forth in Subsection
3.2(c) shall be allocated to the Employer Contribution Accounts of Participants who (i) received an allocation of Employer Matching Contributions
for such Plan Year and (ii) were not Highly Compensated Employees for such Plan Year (with each such Participant individually hereinafter referred
to as an "Eligible Participant" for purposes of this Subsection). Such allocation shall be made, first, to the Employer Contribution Account of the
Eligible Participant who received the least amount of Compensation for such Plan Year until the limitation set forth in Section 4.6 has been reached
as to such Eligible Participant, then to the Employer Contribution Account of the Eligible Participant who received the next smallest amount of
Compensation for such Plan Year until the limitation set forth in Section 4.6 has been reached as to such Eligible Participant, and continuing in such
manner until the Employer Fail Safe Contribution for such Plan Year has been completely allocated or the limitation set forth in Section 4.6 has been
reached as to all Eligible Participants. Any remaining Employer Fail Safe Contribution for such Plan Year shall be allocated among the Employer
Contribution Accounts of all Participants who were Eligible Employees during such Plan Year, with the allocation to each such Participant's
Employer Contribution Account being the portion of such remaining Employer Fail Safe Contribution which is in the same proportion that such
Participant's Compensation for such Plan Year bears to the total of all such Participants' Compensation for such Plan Year.
(f) If an Employer Fail Safe Contribution is made in order to satisfy the restrictions set forth in both Subsection 3.1(f) and Subsection 3.2(c) for the
same Plan Year, the Employer Fail Safe Contribution made in order to satisfy the restrictions set forth in Subsection 3.1(f) shall be allocated
(pursuant to Subsection 4.2(f)) prior to allocating the Employer Fail Safe Contribution made in order to satisfy the restrictions set forth in Subsection
3.2(c) (pursuant to Subsection 4.2(f)). In determining the application of the limitations set forth in Section 4.6 to the allocations of Employer Fail
Safe Contributions, all Annual Additions (as such term is defined in Section 4.6) to a Participant's Accounts other than Employer Fail Safe
Contributions shall be considered allocated prior to Employer Fail Safe Contributions.
4.3 Time of Allocation of Contributions. All contributions to the Plan shall be considered allocated to Participants' Accounts when received by the Trustee,
but no later than the last day of the Plan Year for which they were made, as determined pursuant to Article III,
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