EMC 2011 Annual Report Download - page 114

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installment is determined by dividing the Participant's applicable Account balance (adjusted through the day before the installment is paid) by the number of
installments remaining. Any lump sum or installment distributions will generally be paid in cash, except that Compensation payable in Company Stock may
be paid in Company Stock.
(b) Payment Events Occurring Before Scheduled Commencement Date. If a Participant's Separation from Service or Disability occurs before
the fixed distribution date, no payments will be made under this Section 6.2. The balance of the Participant's Elective Deferral Subaccount will be paid in
accordance with the other sections of this Article 6.
(c) Payment Events Occurring After Installments Commence.
(1) If a Participant's Separation from Service occurs by reason of Retirement after the fixed distribution date has occurred and the
Participant had elected to receive distributions under this Section 6.2 in installments, then payments will continue be made in accordance with that election.
(2) If a Participant's Separation from Service occurs for any reason other than Retirement after the fixed distribution date has occurred,
and the Participant had elected to receive distributions under this Section 6.2 in installments, the remaining portion of the distribution will be made in a single
lump sum payment to the Participant within ninety (90) days after the Participant's Separation from Service.
6.3. Payment Upon Death. If a Participant's Separation from Service occurs because of his or her death, both the Elective Deferral Subaccount and the
Company Credit Subaccount will be paid to the Participant's beneficiary or estate in a single lump sum within ninety (90) days following the Participant's
death. Payments will generally be made in cash, except that Compensation payable in Company Stock may be paid in Company Stock. A Participant may
designate a beneficiary or beneficiaries who will be entitled to receive the balance of the Participant's Account upon his or her death. This designation must be
made on a form (whether written, electronic, or otherwise) prescribed or approved by the Administrator and may be revoked on a form (whether written,
electronic, or otherwise) prescribed or approved by the Administrator at any time before the Participant dies. If a Participant fails to designate a beneficiary or
no designated beneficiary survives the Participant, then payments under this Section will be made to the Participant's estate.
6.4. Payment Upon Disability. Upon the determination of a Participant's Disability, both the Elective Deferral Subaccount and the Company Credit
Subaccount will be paid to the Participant in a single lump sum within ninety (90) days following the Participant's Disability. Payments will generally be
made in cash, except that Compensation payable in Company Stock may be paid in Company Stock.
6.5. Payment Upon a Change of Control. A Participant may elect, in accordance with Section 4.1, to receive the balance of his or her Account in a
single lump sum thirty (30) days following the Change of Control. Payments will generally be made in cash, except that Compensation payable in Company
Stock may be paid in Company Stock.
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