Dell 2003 Annual Report Download - page 80

make Salary Reduction Contributions to the Plan on or before July 31, 2003)."
2.2 Automatic Enrollment. Each Eligible Employee shall automatically become a Participant upon the date on which he first becomes eligible under the
provisions of Section 2.1.
2.3 Cessation of Participation.
(a) Except as provided in Subsections 2.3(b) and 2.3(c), a Participant shall continue to be a Participant so long as (and only so long as) he maintains a
balance in any of his Accounts.
(b) A Participant who ceases to be an Eligible Employee but remains an Employee shall continue to be a Participant, but, on and after the date he ceases
to be an Eligible Employee, he shall no longer be entitled to make deferrals hereunder or share in allocations of Employer Contributions unless and
until he shall again become an Eligible Employee.
(c) A Participant who ceases to be an Employee shall remain a Participant as long as he has any balance is his Accounts, but he shall not be entitled to
actively participate in the Plan except as otherwise specifically provided herein.
2.4 Suspension of Participation Requirements. In the event that, after application of Section 3.3(b), the group of Employees covered by the Plan do not
satisfy the ratio percentage test in accordance with Code Section 410(b), certain employees of Spherion Corporation who provide services to Dell (the
"Spherion Employees") shall be permitted to participate the Plan as described below. The participation requirements will be suspended, beginning first
with the Spherion Employee(s) with the lowest Compensation during the Plan Year, and continuing to suspend in ascending order the participation
requirements for each Spherion Employee with a higher level of Compensation, from the lowest to the highest Compensation level, until the Plan satisfies
Code Section 410(b)(1). If two or more Spherion Employees have the same Compensation, the Plan will suspend the participation requirements for all
such Spherion Employees, irrespective of whether the Plan can satisfy Code Section 410(b)(1) by accruing benefits for fewer than all such Spherion
Employees. If the Plan suspends the participation requirements for a Spherion Employee, that Employee will share in the allocation of Employer
contributions and Participant forfeitures, if any, in accordance with the following:
(a) In addition to the Employer Retirement Savings Contribution provided for in Subsections 3.3(a) and (b), the Employer may make an Employer
Retirement Savings Contribution to the Employer Retirement Savings Contribution sub-account of each Spherion Employee permitted to Participate
in the Plan pursuant to Subsection 2.4 in accordance with Subsection 3.3(a);
(b) In addition to the Employer Fail Safe Contribution provided for in Section 3.4, the Employer may make an additional Employer Fail Safe
Contribution to the Employer Fail Safe Contribution sub-account of each Spherion Employee
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