Dell 2007 Annual Report Download - page 149

ARTICLE VI
In-Service Distributions
6.1.
Withdrawal from Certain Individual Accounts Upon Attainment of Age 591/2
Prior to termination of employment and upon attainment of age 591/2, a Participant shall have the right to request withdrawal of all or any portion from the
Participant's fully vested and Nonforfeitable Individual Accounts. Amounts withdrawn shall come, first, from the Participant's Rollover Account; second,
from his Employer Retirement Savings Contribution Account; third, from his Matching Contribution Account; and finally, from his Salary Reduction
Contribution Account. All determinations of the amount credited to such accounts shall be made as of the most recent Valuation Date. A Participant shall
make an election under this Section in the manner and format prescribed by the Committee, including electronic delivery, at any time during the Plan Year
for which the election will be effective. In the election, whether written or electronic, the Participant shall specify the desired percentage or dollar amount
to be distributed by the Trustee to the Participant. Furthermore, the Participant's election shall relate solely to the dollar amount specified in the election
form. The Participant's right to elect to receive an amount, if any, for a particular Plan Year greater than the dollar amount specified in the election form
shall terminate on the Anniversary Date. The Trustee shall distribute to a Participant as elected under this Section within the ninety (90) day period, or as
soon as administratively feasible, after the Participant files the election with the Committee. The Trustee shall distribute the balance of the Participant's
Individual Accounts not distributed pursuant to the election(s) according to the form of distribution selected under Article IX when the Participant
terminates employment with the Employer.
6.2.
Withdrawal from Certain Accounts Prior to Attainment of Age 591/2 or Account of Financial Hardship
(a) General Order of Distribution. Prior to termination of employment and before attainment of age 591/2, a Participant shall have the right to request a
withdrawal in an amount sufficient to satisfy a financial hardship, as defined in Subsection (b), from the Participant's fully vested and Nonforfeitable
in the following priority: (1) Rollover Account, (2) Employer Retirement Savings Contribution Account, (3) Matching Contribution Account, other
than Safe Harbor Matching Contribution Account. If the amounts available to the Participant from these accounts are not sufficient to satisfy the
Participant's financial hardship, the remainder may be withdrawn from the Participant's Salary Reduction Contribution Account, other than
accumulated earnings, Qualified Non-Elective Contributions and Qualified Matching Contributions.
(b) Hardship Distribution Rules. Distribution may be made to a Participant in the event of financial hardship. For purposes of this Section, a "hardship
distribution" is a distribution that is necessary to satisfy an immediate and heavy financial need of an Employee who lacks other available resources
to satisfy such need. 9