VMware 2013 Annual Report Download - page 147

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ARTICLE 13 – MISCELLANEOUS
1311
13.1 Unsecured General Creditor of the Employer. Participants and their Beneficiaries, heirs, successors and
assigns shall have no legal or equitable rights, interests or claims in any property or assets of the Employer. For
purposes of the payment of benefits under the Plan, any and all of the Employer’s assets shall be, and shall
remain, the general, unpledged, unrestricted assets of the Employer. Each Employer's obligation under the Plan
shall be merely that of an unfunded and unsecured promise to pay money in the future.
13.2 Employer’s Liability . Each Employer’s liability for the payment of benefits under the Plan shall be defined only
by the Plan and by the deferral agreements entered into between a Participant and the Employer. An Employer
shall have no obligation or liability to a Participant under the Plan except as provided by the Plan and a deferral
agreement or agreements. An Employer shall have no liability to Participants employed by other Employers.
13.3 Limitation of Rights . Neither the establishment of the Plan, nor any amendment thereof, nor the creation of
any fund or account, nor the payment of any benefits, will be construed as giving to the Participant or any other
person any legal or equitable right against the Employer, the Plan or the Administrator, except as provided
herein; and in no event will the terms of employment or service of the Participant be modified or in any way
affected hereby.
13.4 Anti-Assignment . Except as may be necessary to fulfill a domestic relations order within the meaning of Code
Section 414(p), none of the benefits or rights of a Participant or any Beneficiary of a Participant shall be subject
to the claim of any creditor. In particular, to the fullest extent permitted by law, all such benefits and rights shall
be free from attachment, garnishment, or any other legal or equitable process available to any creditor of the
Participant and his or her Beneficiary. Neither the Participant nor his or her Beneficiary shall have the right to
alienate, anticipate, commute, pledge, encumber, or assign any of the payments which he or she may expect to
receive, contingently or otherwise, under the Plan, except the right to designate a Beneficiary to receive death
benefits provided hereunder. Notwithstanding the preceding, the benefit payable from a Participant’s Account
may be reduced, at the discretion of the administrator, to satisfy any debt or liability to the Employer.
13.5 Facility of Payment . If the Administrator determines, on the basis of medical reports or other evidence
satisfactory to the Administrator, that the recipient of