EMC 2011 Annual Report Download - page 107

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2.13. "Elective Deferral" means the portion of Compensation deferred by a Participant under Section 4.1.
2.14. "Elective Deferral Subaccount" means the subaccount within the Participant's Account to which Elective Deferrals and allocable earnings
credits are credited.
2.15. "Elective Deferral Eligible Employee" means an employee of the Company or any of its Subsidiaries selected by the Administrator as eligible
to make Elective Deferrals under Section 4.1 from among the group of highly compensated or managerial employees of the Company or any of its
Subsidiaries.
2.16. "Eligible Employee" means an employee of the Company or any of its Subsidiaries who is a Company Credit Eligible Employee, an Elective
Deferral Eligible Employee, or both and who is on a U.S. payroll. An employee is treated as an Eligible Employee as of the date the employee is provided
with the opportunity to defer Compensation under the Plan. If the Company or one its Subsidiaries transfers an Eligible Employee's employment such that the
employee continues to work for the Company or any of its Subsidiaries but is providing services outside the United States and is no longer on a U.S. payroll,
then the Participant shall no longer be an Eligible Employee.
2.17. "Eligible Director" means any member of the Board.
2.18. "ERISA" means the Employee Retirement Income Security Act of 1974, as amended from time to time. Reference to any section or subsection
of ERISA includes reference to any comparable or succeeding provisions of any legislation that amends, supplements or replaces the section or subsection.
2.19. "Identification Date" means each December 31st.
2.20. "Participant" means any individual who participates in the Plan in accordance with Article 3.
2.21 "Performance-Based Bonus" means performance-based compensation, as defined in the Treasury regulations under Code section 409A(a)(4)(B)
(iii).
2.22. "Plan" means the EMC Corporation Deferred Compensation Retirement Plan as set forth herein and all subsequent amendments hereto.
2.23. "Plan Year" means in the case of the first Plan Year, the period beginning January 1, 2005 and ending on December 31, 2005, and thereafter, the
twelve (12)-month period ending each December 31.
2.24. "Retirement" means a Participant's Separation from Service resulting from retirement after the Participant has (a) attained fifty-five (55) years of
age and completed five (5) years of service with the Company and its Subsidiaries or (b) completed twenty (20) years of service with the Company and its
Subsidiaries.
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