Dell 2003 Annual Report Download - page 92
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considered in determining the amount of Employer Matching Contributions pursuant to Section 3.2 shall be distributed to such Participant,
adjusted for income or loss allocated thereto;
(2) Next, any such excess Annual Additions in the form of Salary Reduction Contributions on behalf of such Participant that would have been
considered in determining the amount of Employer Matching Contributions pursuant to Section 3.2 shall be distributed to such Participant,
adjusted for income or loss allocated thereto, and the Employer Matching Contributions that would have been allocated to such Participant's
Accounts based upon such distributed Salary Reduction Contributions shall, to the extent such amounts would have otherwise been allocated to
such Participant's Accounts, be treated as a forfeiture;
(3) Finally, any such excess Annual Additions in the form of Employer Retirement Savings Contributions shall, to the extent such amounts would
otherwise have been allocated to such Participant's Accounts, be treated as a forfeiture.
If the Annual Additions credited to a Participant's Accounts for any Limitation Year under this Plan plus the additions credited on his behalf
under other defined contribution plans required to be aggregated pursuant to this Subsection would exceed the Maximum Annual Additions for
such Participant for such Limitation Year, the Annual Additions under this Plan and the additions under such other plans shall be reduced on a
pro rata basis and allocated, reallocated, or returned in accordance with applicable plan provisions regarding Annual Additions in excess of
Maximum Annual Additions.
(c) For purposes of this Section, the following terms and phrases when capitalized shall have these respective meanings:
(1) Annual Additions: With respect to a Participant for any Limitation Year, the total of (i) the Employer Contributions, Salary Reduction
Contributions, and forfeitures, if any, allocated to such Participant's Accounts for such year, (ii) Participant's contributions, if any, (excluding
any Rollover Contributions) for such year, and (iii) amounts referred to in Code Sections 415(l)(1) and 419A(d)(2).
(2) Controlled Entity: For purposes of this Section only, a "Controlled Entity" as defined in Subsection 1.1(j), but excluding an affiliated service
group member within the meaning of Code Section 414(m) and determined by application of a more than a 50% control standard in lieu of an
80% control standard.
(3) Maximum Annual Additions: With respect to a Participant for any Limitation Year, the lesser of (i) $40,000 (with such amount to be adjusted
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