Dell 2007 Annual Report Download - page 215

APPENDIX C
Special Vesting Provisions for Reemployed Former Participants
Who are not Credited with an Hour of Service on January 1, 2005
The provisions herein describe the terms of the Plan that were in effect prior to January 1, 2005, regarding the determination of a Participant's vested interest
in his Individual Accounts. The determination of Years of Vesting Service under this Appendix C shall apply only to a Former Participant or to a reemployed
Participant who has amounts credited to his Individual Accounts attributable to Periods of Service completed prior to January 1, 2005.
C.1.1
Year of Vesting Service
Year of Vesting Service means 365 days of Service. An Employee shall receive credit for the aggregate of all time periods commencing on an
Employee's Employment Commencement Date, including the Re-Employment Commencement Date, and ending on the date a Break in Service begins.
An Employee also shall receive credit for any Period of Severance of less than 365 days. Fractional periods of a year shall be expressed in terms of
days. In computing an Employee's Years of Vesting Service, the following rules shall apply:
(a) For a Participant who terminates employment with the Employer and all Related Employers at a time when he has a vested interest in his
Employer Contribution Account of more than 0% but less than 100% and who subsequently is re-employed after incurring five (5) consecutive
Breaks in Service, Years of Vesting Service earned by the Participant after the Break in Service shall not be taken into account for purposes of
determining the Nonforfeitable percentage of the Participant's Account Balance derived from Employer Contributions which accrued before the
Break in Service.
(b) For a Participant who terminates employment with the Employer and all Related Employers at a time when he has a 0% vested interest in his
Employer Contribution Account and who is re-employed after a Break in Service, Service before the Break in Service shall not be taken into
account if the number of consecutive Breaks in Service equals or exceeds the greater of (A) five (5), or (B) the aggregate number of Years of
Vesting Service before the Break in Service. If the Participant has made any Salary Reduction Contributions to the Plan, Service before the Break
in Service shall not be disregarded under the immediately preceding sentence.
(c) Years of Vesting Service shall include all Years of Vesting Service of the Employee with any Predecessor Employer; provided, however, that the
number of years credited under this provision shall not exceed five (5).
(d) Years of Vesting Service with the Employer before a Participant enters the Plan shall be considered for purposes of vesting.
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