Dell 2003 Annual Report Download - page 105

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VIII.
TIME AND FORM OF PAYMENT OF BENEFITS
8.1 Time of Payment. A Participant's benefit shall be paid or commence, as applicable, on his Benefit Commencement Date. Any amount allocable to a
Participant's Accounts after his Benefit Commencement Date shall be distributed, as soon as administratively feasible after the date that such amount is
paid to the Trust Fund and allocated to his Accounts.
8.2 Determination of Benefit Commencement Date.
(a) Subject to the provisions of the remaining Subsections of this Section, a Participant's Benefit Commencement Date shall be the date that is as soon
as administratively feasible after the date the Participant or his beneficiary becomes entitled to a benefit pursuant to Article VII.
(b) As provided in Subsection 8.2(g) and in Section 8.4 unless a terminated Participant consents to a distribution pursuant to Subsection 8.2(a), his
Benefit Commencement Date shall be deferred beyond the date specified in Subsection 8.2(a) to the date that is as soon as administratively feasible
after the earliest of (i) the date the Participant attains age sixty-five, (ii) the Participant's date of death, or (iii) the date the Participant (or, if
applicable, his beneficiary) elects by written notice to the Committee prior to such date. The Committee shall furnish information to each
Participant or beneficiary pertinent to such Participant's or beneficiary's consent no less than thirty days (unless such thirty-day period is waived by
an affirmative election in accordance with applicable Treasury regulations) and no more than ninety days before such Participant's Benefit
Commencement Date, and the furnished information shall include a general description of the material features of, and an explanation of the
relative values of, the alternative forms of benefit available under the Plan and must inform the Participant (or, if applicable, his beneficiary) of his
right to defer his Benefit Commencement Date and of his Direct Rollover right pursuant to Section 8.5 below, if applicable.
(c) Except as otherwise specifically provided in this Section 8.2, a Participant's Benefit Commencement Date shall in no event be later than the sixtieth
day following the close of the Plan Year during which such Participant attains, or would have attained, his Normal Retirement Date or, if later,
terminates his employment with the Employer and all Controlled Entities.
(d) A Participant's Benefit Commencement Date shall be in compliance with the provisions of Code Section 401(a)(9) and applicable Treasury
regulations thereunder and shall in no event be later than:
(1) April 1 of the calendar year following the later of (i) the calendar year in which such Participant attains the age of seventy and one-half or
(ii) the calendar year in which such Participant terminates his employment with
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