Dell 2003 Annual Report Download - page 139

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spouse or former spouse who is the alternate payee under a qualified domestic relation order, as defined in Code Section 414(p).
(b) For purposes of the direct rollover provisions of the Plan, any amount that is distributed on account of hardship shall not be an eligible rollover
distribution and the distributee may not elect to have any portion of such a distribution paid directly to an eligible retirement plan.
(c) For purposes of the direct rollover provisions in the Plan, a portion of a distribution shall not fail to be an eligible rollover distribution merely
because the portion consists of after-tax employee contributions that are not includible in gross income. However, such portion may be transferred
only to an individual retirement account or annuity described in Code Section 408(a) or (b), or to a qualified defined contribution plan described in
Code Sections 401(a) or 403(a) that agrees to separately account for amounts so transferred, including separately accounting for the portion of such
distribution which is includible in gross income and the portion of such distribution which is not so includible.
18.6 Rollovers from Other Plans. The Employer, operationally and on a nondiscriminatory basis, may limit the source of rollover contributions that may be
accepted by this Plan.
18.7 Rollovers Disregarded in Involuntary Distributions. This Section shall be effective for distributions made after December 31, 2001, and shall apply to
all participants. For purposes of the Sections of the Plan that provide for the involuntary distribution of vested accrued benefits of $5,000 or less, the value
of a Participant's nonforfeitable account balance shall be determined without regard to that portion of the account balance that is attributable to rollover
contributions (and earnings allocable thereto) within the meaning of Code Sections 402(c), 403(a)(4), 403(b)(8), 408(d)(3)(A)(ii), and 457(e)(16). If the
value of the participant's nonforfeitable account balance as so determined is $5,000 or less, then the Plan shall immediately distribute the participant's
entire nonforfeitable account balance.
18.8 Amendment to the Contribution Provisions of the Plan
(a) Effective January 1, 2002, all employees who are eligible to make elective deferrals under this Plan and who have attained age 50 before the close
of the Plan Year shall be eligible to make catch-up contributions in accordance with, and subject to the limitations of, Code Section 414(v). Such
catch-up contributions shall not be taken into account for purposes of the provisions of the Plan implementing the required limitations of Code
Sections 402(g) and 415. The Plan shall not be treated as failing to satisfy the provisions of the Plan implementing the requirements of Code
Sections 401(k)(3), 401(k)(11), 401(k)(12), 410(b), or 416, as applicable, by reason of the making of such catch-up contributions.
(b) The multiple use test described in Treasury Regulation Section 1.401(m)-2 and the Plan shall not apply for plan years beginning after
December 31, 2001. -71-