Dell 2003 Annual Report Download - page 87
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Employer Matching Contributions made on behalf of Highly Compensated Employees in order of the highest dollar amounts contributed on behalf
of such Highly Compensated Employees in accordance with Code Section 401(m)(6)(C) and Treasury regulations thereunder) shall be distributed to
the Highly Compensated Employees on whose behalf such excess contributions were made (or, if such excess contributions are forfeitable, they
shall be forfeited) before the end of the next following Plan Year.
(d) In coordinating the disposition of excess deferrals and excess contributions pursuant to this Section, such excess deferrals and excess contributions
shall be disposed of in the following order:
(1) First, Salary Reduction Contributions that constitute excess deferrals described in Subsection 3.6(a) that are not considered in determining the
amount of Employer Matching Contributions pursuant to Section 3.2 shall be distributed;
(2) Next, excess Salary Reduction Contributions that constitute excess deferrals described in Subsection 3.6(a) that are considered in determining
the amount of Employer Matching Contributions pursuant to Section 3.2 shall be distributed, and the Employer Matching Contributions with
respect to such excess Salary Reduction Contributions shall be forfeited;
(3) Next, excess Salary Reduction Contributions described in Subsection 3.6(b) that are not considered in determining the amount of Employer
Matching Contributions pursuant to Section 3.2 shall be distributed;
(4) Next, excess Salary Reduction Contributions described in Subsection 3.6(b) that are considered in determining the amount of Employer
Matching Contributions pursuant to Section 3.2 shall be distributed, and the Employer Matching Contributions with respect to such excess
Salary Reduction Contributions shall be forfeited; and
(5) Finally, excess Employer Matching Contributions described in Subsection 3.6(c) shall be distributed (or, if forfeitable, forfeited).
(e) Any distribution or forfeiture of excess deferrals or excess contributions pursuant to the provisions of this Section shall be adjusted for income or
loss allocated thereto in the manner determined by the Committee in accordance with any method permissible under applicable Treasury regulations.
Any forfeiture pursuant to the provisions of this Section shall be considered to have occurred on the date that is 21/2 months after the end of the Plan
Year.
3.7 Rollover Contributions.
(a) Qualified Rollover Contributions may be made to the Plan by any Eligible Employee of amounts received by such Eligible Employee from certain
individual -19-