Dell 2007 Annual Report Download - page 174

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ARTICLE XI
The Committee
11.1. Committee Appointment
The Plan Sponsor shall appoint a Committee consisting of one (1) or more members. The Plan Sponsor may remove any member of the Committee
at any time and a member may resign by written notice to the Plan Sponsor, such resignation to become effective upon the appointment of a
substitute member or, if earlier, the lapse of thirty (30) days after such resignation is effective. Any vacancy in the membership of the Committee
shall be filled by appointment made by the Plan Sponsor, but pending the filling of any vacancy, the then members of the Committee may act under
this Agreement as though they alone constitute the full Committee. The Plan Sponsor shall notify the Trustee promptly of the appointment of the
original Committee and of any change in the membership of the Committee. Any member of the Committee who is an Employee shall automatically
cease to be a member of the Committee as of the date he terminates employment with the Employer and all Related Employers.
11.2. Committee Action and Procedure
(a) Any and all acts and decisions of the Committee shall be by at least a majority of the then members. The Committee may delegate to any one
or more of its members the authority to sign notices or other documents on its behalf or to perform ministerial acts for it, in which event the
Trustee and any other person may accept the notice, document or act without question as having been authorized by the Committee.
(b) The Committee may, but need not, call or hold formal meetings, and any decisions made or actions taken pursuant to written approval of a
majority of the then members shall be sufficient.
(c) The Committee shall maintain adequate records of its decisions, which records shall be subject to inspection by the Employer and by any
Participant, Former Participant, or Beneficiary, but only to the extent that they apply to the individuals.
(d) The Committee may designate one (1) of its members as Chairman and one (1) of its members as Secretary and may establish policies and
procedures governing it if they are consistent with this Agreement.
11.3. Committee Powers and Duties
The Committee shall perform the duties and may exercise the powers and discretion given to it in this Agreement, and its decisions and actions shall
be final and conclusive regarding all persons affected thereby. The Committee shall exercise its discretion at all times in a nondiscriminatory
manner. Subject to any limitations stated in this Agreement, 34