Dell 2007 Annual Report Download - page 157

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8.4.
Mandatory Distribution of Benefits During a Participant's Lifetime
(a) Commencement of Benefits. The Trustee must distribute or begin to distribute the entire interest of a Participant no later than the Participant's
Required Beginning Date. The minimum distribution for the first Distribution Calendar Year is due by the Participant's Required Beginning Date.
The minimum distribution for each subsequent Distribution Calendar Year is due by the Participant's Required Beginning Date. The minimum
distribution for each subsequent Distribution Calendar Year, including the calendar year of the Participant's Required Beginning Date, is due by
December 31 of that year. A Participant's "Required Beginning Date" shall be as follows:
(i) For a Participant who is a Five Percent Owner, the Required Beginning Date shall commence on the first day of April following the later of:
(A) the calendar year in which the Participant attains age seventy and one-half (701/2) years; or
(B) the earlier of the calendar year with or within which ends during the Plan Year in which the Participant becomes a Five Percent Owner,
or the calendar year in which the Participant retires.
(ii) For a Participant who is not a Five Percent Owner, the Required Beginning Date is the first day of April of the calendar year immediately
following the later of:
(A) the calendar year in which the Participant attains age seventy and one-half (701/2); or
(B) the calendar year in which the Participant terminates employment with the Employer.
Once distributions have begun to a Five Percent Owner under this Section, they must continue to be distributed, even if the Participant ceases to be a
Five Percent Owner in a subsequent year. The Trustee must distribute or begin to distribute the entire interest of a Participant no later than the
Participant's Required Beginning Date. The minimum distribution for the first Distribution Calendar Year is due by the Participant's Required
Beginning Date. The minimum distribution for each subsequent Distribution Calendar Year, including the calendar year of the Participant's Required
Beginning date, is due by December 31 of that year. Except as provided in clause (ii) above, a Participant's Required Beginning Date is the April 1
following the close of the calendar year in which the Participant attains age seventy and one-half (701/2) years.
(b) Minimum Distribution Amount. The required minimum distribution for each calendar year is the lesser of: (1) the quotient obtained by dividing the
Participant's Account Balance as of the last Valuation Date preceding the beginning of the Distribution Calendar Year by the applicable distribution
period 17