Dell 2008 Annual Report Download - page 140

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10.4 Committee Powers and Duties. The Committee shall administer and enforce the Plan according to the terms and provisions hereof and shall have all
powers necessary to accomplish these purposes, including, but not by way of limitation, the complete and absolute discretion to construe all provisions
of the Plan and make all factual determinations and the right, power, authority, and duty:
(a) To make rules, regulations, and bylaws for the administration of the Plan that are not inconsistent with the terms and provisions hereof, and to
enforce the terms of the Plan and the rules and regulations promulgated thereunder by the Committee;
(b) To construe in its sole discretion all terms, provisions, conditions, and limitations of the Plan;
(c) To correct any defect or to supply any omission or to reconcile any inconsistency that may appear in the Plan in such manner and to such extent
as it shall deem in its discretion expedient to effectuate the purposes of the Plan;
(d) To employ and compensate such accountants, attorneys, investment advisors, and other agents, employees, and independent contractors as the
Committee may deem necessary or advisable for the proper and efficient administration of the Plan;
(e) To determine in its sole discretion all questions relating to eligibility;
(f) To establish or designate Investment Funds as provided in Article V;
(g) To determine whether and when there has been a termination of a Participant's employment with an Employer, and the reason for such
termination;
(h) To make a determination in its sole discretion as to the right of any person to a benefit under the Plan and to prescribe procedures to be followed
by distributees in obtaining benefits hereunder; and
(i) To receive and review reports from the Trustee as to the financial condition of the Trust Fund, including its receipts and disbursements.
Notwithstanding the preceding, with respect to amounts attributable to 409A Benefits and with respect to administration of the Plan on and after
January 1, 2005, the Committee shall act to administer and interpret the Plan in compliance with Code Section 409A and all related guidance issued
pursuant to such Code Section.
10.5 Claims Review.
(a) In any case in which a claim for Plan benefits of a Participant or beneficiary is denied or modified, the Committee shall furnish written notice to
the claimant within ninety (90) days (or within 180 days if additional information requested by the Committee necessitates an extension of the
ninety-day period and, in which case, the claimant shall be informed of such extension prior to the end of the initial ninety (90)-day period),
which notice shall: -28-