VMware 2013 Annual Report Download - page 131
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ARTICLE 8 – RIGHT TO BENEFITS
A Participant’s right to the amounts credited to his Account attributable to Employer contributions made in
accordance with Article 5 shall be determined in accordance with the relevant schedule and provisions in
Section 7.01 of the Adoption Agreement. Upon a Separation from Service and after application of the provisions
of Section 7.01 of the Adoption Agreement, the Participant shall forfeit the nonvested portion of his Account.
A Participant may designate a Beneficiary or Beneficiaries, or change any prior designation of Beneficiary
or Beneficiaries in accordance with rules and procedures established by the Administrator.
A copy of the death notice or other sufficient documentation must be filed with and approved by the
Administrator. If upon the death of the Participant there is, in the opinion of the Administrator, no designated
Beneficiary for part or all of the Participant’s vested Account, such amount will be paid to his estate (such estate
shall be deemed to be the Beneficiary for purposes of the Plan) in accordance with the provisions of Article 9.
811
8.1 Vesting. A Participant, at all times, has a 100% nonforfeitable interest in the amounts credited to his Account
attributable to his elective deferrals made in accordance with Section 4.1.
8.2 Death. The Plan Sponsor may elect to accelerate vesting upon the death of the Participant in accordance with
Section 7.01(c) of the Adoption Agreement and/or to accelerate distributions upon Death in accordance with
Section 6.01(b) or Section 6.01(d) of the Adoption Agreement. If the Plan Sponsor does not elect to accelerate
distributions upon death in accordance with Section 6.01(b) or Section 6.01(d) of the Adoption Agreement, the
vested amount credited to the Participant’s Account will be paid in accordance with the provisions of Article 9.
8.3 Disability. If the Plan Sponsor has elected to accelerate vesting upon the occurrence of a Disability in
accordance with Section 7.01(c) of the Adoption Agreement and/or to permit distributions upon Disability in
accordance with Section 6.01(b) or Section 6.01(d) of the Adoption Agreement, the determination of whether a
Participant has incurred a Disability shall be made by the Administrator in its sole discretion in a manner
consistent with the requirements of Code Section 409A.