Dell 2007 Annual Report Download - page 186

Securities pursuant to an inter-fund transfer in connection with an in-service withdrawal or a distribution made at the direction of a Participant,
Former Participant, or Beneficiary shall be charged to and paid by such Participant's, Former Participant's, or Beneficiary's separate Individual
Accounts.
13.5. Exclusive Benefit
The Plan and the Trust are established and shall be maintained for the exclusive benefit of the Participants, Former Participants and their Beneficiaries.
Subject to the exceptions expressly set forth in the Plan or the Trust Agreement, no part of the Trust Assets may ever revert to an Employer or be used
for or diverted to purposes other than the exclusive benefit of the Participants, Former Participants and Beneficiaries.
13.6. Valuation
The value of each Participant's Individual Accounts shall be determined as of each Valuation Date, on the basis of the fair market value of the assets
allocated to each such Participant's Individual Accounts, as appraised by the Trustee.
(a) As of each Valuation Date, the Committee shall determine the fair market value of each Investment Fund being administered by the Trustee.
With respect to each such Investment Fund, the Committee shall determine (i) the change in value between the current Valuation Date and the
then last preceding Valuation Date, (ii) the net gain or loss resulting from expenses paid (including fees and expenses, if any, which are to be
charged to such Investment Fund), and (iii) realized and unrealized gains and losses.
The transfer of funds to or from an Investment Fund pursuant to Section 13.2(a) and payments, distributions and withdrawals from an Investment
Fund to provide benefits under the Plan for Participants or Beneficiaries shall not be deemed to be gains, expenses or losses of an Investment
Fund.
As of each Valuation Date, the Committee shall allocate the net gain or loss of each Investment Fund on the Valuation Date to the accounts of
Participants participating in such Investment Fund on such Valuation Date. Contributions and rollovers received and credited to Participant's
Individual Accounts as of such Valuation Date, or as of an earlier date since the last preceding Valuation Date shall not be considered in
allocating gains or losses allocated to Participants' accounts.
(b) The reasonable and equitable decision of the Committee as to the value of each Investment Fund, and of any Individual Account as of each
Valuation Date shall be conclusive and binding upon all persons having any interest, direct or indirect, in the Investment Funds or in any account.
13.7. Investment Policy
The Committee shall be obliged only to use good faith and to exercise its honest
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