Dell 2003 Annual Report Download - page 107

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(h) Model Amendment for Compliance with Final Treasury Regulations Under Code Section 401(a)(9).
(1) General Rules. The provisions of this Subsection shall apply for purposes of determining required minimum distributions for calendar years
beginning on or after January 1, 2003. The requirements of this Subsection shall take precedence over any inconsistent provisions of the
Plan. All distributions required under this Subsection shall be determined and made in accordance with the Treasury regulations under Code
Section 401(a)(9). Notwithstanding the other provisions of the Plan, distributions may be made under a designation made before January 1,
1984, in accordance with section 242(b)(2) of the Tax Equity and Fiscal Responsibility Act ("TEFRA") and the provisions of the plan that
relate to section 242(b)(2) of TEFRA.
(2) Time and Manner of Distribution.
(A) Required Beginning Date. The Participant's entire interest will be distributed, or begin to be distributed, to the Participant no later than
the participant's required beginning date.
(B) Death of Participant Before Distributions Begin. If the participant dies before distributions begin, the participant's entire interest will
be distributed, and begin to be distributed, no later than as follows:
(I) If the participant dies before distributions begin and there is a designated beneficiary, the participant's entire interest will be
distributed to the designated beneficiary by December 31 of the calendar year containing the fifth anniversary of the
Participant's death. If the Participant's surviving spouse is the Participant's sole designated beneficiary and the surviving spouse
dies after the participant but before distributions to either the Participant or the surviving spouse begin, this paragraph will apply
as if the surviving spouse were the participant.
(II) If there is no designated beneficiary as of September 30 of the year following the year of the Participant's death, the participant's
entire interest will be distributed by December 31 of the calendar year containing the fifth anniversary of the Participant's death.
For purposes of this Subsection 8.2(h)(2) and Subsection 8.2(h)(4), unless the second sentence of Subsection 8.2(h)(2)(B)(I) applies,
distributions are considered to begin on the Participant's required beginning date. If the second sentence of Subsection 8.2(h)(2)(B)(I)
applies, distributions are considered to begin on the -39-