Intel 2005 Annual Report Download - page 252

6.
(b)
by gift to your Immediate Family (defined below), partnerships whose only partners are you or members of your Immediate
Family, limited liability companies whose only shareholders are you or members of your Immediate Family, or trusts established
solely for the benefit of you or members of your Immediate Family.
For purposes of by these Standard Terms, “Immediate Family” is defined as your spouse or domestic partner, children,
grandchildren, parents, or siblings.
With respect to transfers by gift, options are transferable only to the extent the options are vested at the time of transfer. Any
purported assignment, transfer or encumbrance that does not qualify under subsections (a) and (b) above shall be void and
unenforceable against the Corporation.
Any option transferred by you pursuant to this section shall not be transferable by the recipient except by will or the laws of descent
and distribution.
The transferability of options is subject to any applicable laws of your country of residence or employment.
13.
DISPUTES
The Committee or its delegate shall finally and conclusively determine any disagreement concerning your option.
14.
AMENDMENTS
The 2004 Plan and the option may be amended or altered by the Committee or the Board of Directors of Intel to the extent provided
in the 2004 Plan.
15.
THE 2004 PLAN AND OTHER AGREEMENTS; OTHER MATTERS
(a)
The provisions of these Standard Terms and the 2004 Plan are incorporated into the Notice of Grant by reference. Certain
capitalized terms used in these Standard Terms are defined in the 2004 Plan.
These Standard Terms, the Notice of Grant and the 2004 Plan constitute the entire understanding between you and the
Corporation regarding the option. Any prior agreements, commitments or negotiations concerning the option are superseded.
The grant of an option to an employee in any one year, or at any time, does not obligate Intel or any Subsidiary to make a grant
in any future year or in any given amount and should not create an expectation that Intel or any Subsidiary might make a grant
in any future year or in any given amount.
(b)
Options are not part of your employment contract (if any) with the Corporation, your salary, your normal or expected
compensation, or other