Dell 2007 Annual Report Download - page 175

the Committee is authorized and empowered with the following powers, rights, and duties:
(a) To select a Secretary, who need not be a member of the Committee;
(b) To determine the rights of eligibility of an Employee to participate in the Plan, the value of a Participant's Account Balance and the
Nonforfeitable percentage of each Participant's Individual Accounts;
(c) To adopt written rules of procedure and regulations necessary for the proper and efficient administration of the Plan provided the rules are
consistent with the terms of this Agreement and copies of all such rules and regulations are delivered to both the Plan Sponsor and the Trustee
as soon as administratively feasible but no later than the effective date of the such rules and regulations;
(d) To construe and enforce the terms of the Plan and the rules and regulations it adopts, including interpretation of the Plan documents and
documents related to the Plan's operation;
(e) To amend the Plan to the extent the authority to do so is delegated by the Plan Sponsor;
(f) To direct the Trustee concerning the crediting and distribution of the Trust;
(g) To review and render decisions respecting a claim for, or denial of a claim for, a benefit under the Plan;
(h) To furnish the Employer with information which the Employer may require for tax or other purposes;
(i) To engage the service of agents whom it may deem advisable to assist it with the performance of its duties;
(j) To engage the services of an Investment Manager or Managers (as defined in ERISA Section 3(38)), each of whom will have full power and
authority to manage, acquire or dispose, or direct the Trustee with respect to acquisition or disposition, of any Plan asset under its control;
(k) To establish, in its sole discretion, a nondiscriminatory policy, pursuant to this Section, which the Trustee must observe in making loans, if
any, to Participants and Beneficiaries;
(l) To establish and maintain a funding standard account and to make credits and charges to the account to the extent required by and in
accordance with applicable Code provisions;
(m) To adopt a loan policy; 35