Qualcomm 2012 Annual Report Download - page 109

Code).
2.47 “ Trust ” means the legal entity created by the Trust Agreement(s).
2.48 “ Trust Agreement ”
means the trust agreement entered into between the Company and the Trustee(s) to
hold assets with respect to this Plan.
2.49 “ Trustee(s) ”
means the person(s) or entity named as Trustee(s) in the Trust Agreement established to
hold assets with respect to this Plan and any duly appointed and acting successor Trustee(s) appointed by the Employer
pursuant to the terms of the Trust Agreement.
2.50 “Year of Service” means each 12 consecutive month period of completed Service.
ARTICLE III
ELIGIBILITY AND PARTICIPATION
3.1
Eligibility . Participation in the Plan shall be limited to Eligible Employees and Non-
Employee Directors.
Eligible Employees shall be notified as to their eligibility to participate in the Plan. Until changed by the Committee, an
Eligible Employee shall be an employee designated by the Executive Vice President, Human Resources, of the
Company; provided, however, that the Compensation Committee shall approve participation by any Eligible Employee
whose transactions under the Plan are subject to Section 16 of the Securities Exchange Act of 1934, as amended. The
Committee, in its discretion, may also limit the ability of Participants to make certain types of Deferrals or be credited
with Company contributions under the Plan.
3.2 Commencement of Participation . Participation in the Plan is voluntary. An Eligible Employee or Non-
Employee Director may begin participation in the Plan upon the execution and submission of an Election during the
applicable Open Enrollment Period.
ARTICLE IV
DEFERRALS AND CONTRIBUTIONS
4.1
Basic Deferrals .
4.1.1. An Eligible Employee or Non-
Employee Director may elect to reduce his or her Base Salary or
Director Fees, as applicable, by the percentage of Base Salary or Director Fees, as applicable, set forth in an Election
filed with the Committee, subject to the provisions of this Article 4. Basic Deferrals shall not be paid to the Participant,
but shall be withheld from amounts otherwise payable to the Participant, and an amount equal to the Basic Deferrals for
the Plan Year shall be credited to the Participant's Basic Deferral Subaccount under the Plan.
4.1.2.
The Election to make Basic Deferrals must be filed with the Committee during the Open
Enrollment Period for the Plan Year to which such Election applies.
A Participant's Election with respect to Basic
Deferrals shall remain in effect until changed by the Participant during a subsequent Open Enrollment Period. Each
Election to make Basic Deferrals shall apply only to
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