This excerpt taken from the HBI 8-K filed Sep 5, 2006.
10.02 Distributions in Shares
Distributions of amounts invested in the Hanesbrands Inc. Common Stock Fund (or the Sara Lee Corporation Common Stock Fund while such fund is maintained under the Plan) may be made in cash or in shares, as elected by the Participant, provided such shares are distributed at their Fair Market Value, as determined by the Trustee. Each Participant who elects distribution of amounts invested in Hanesbrands Inc. Common Stock Fund in the form of stock who subsequently has additional contributions credited to his or her Accounts shall receive such additional contributions in shares of Hanesbrands stock in accordance with Subsection 10.01. If an election is made by the Participant to direct the Trustee to distribute the balance of his or her Accounts invested in the Sara Lee Corporation Common Stock Fund or the Hanesbrands Inc. Common Stock Fund in cash, the Participant shall receive cash equal to the Fair Market Value of the balance of his or her Accounts. For purposes of this Subsection, the rights extended to a Participant hereunder shall also apply to any Beneficiary or Alternate Payee of such Participant. All other distributions shall be made in cash.