Intel 2005 Annual Report Download - page 257

3.
(3)
If the duration of the PLOA equals or exceeds thirty (30) days, the exercisability of each part of the option scheduled to vest
after commencement of the PLOA shall be deferred for a period of time equal to the duration of the PLOA. If you terminate
employment after returning from the PLOA but prior to the end of such deferral period, you shall have no right to exercise
any unvested portion of the option, except to the extent provided otherwise in Sections 8 through 0 hereof, and such option
shall terminate as of the date that your employment terminates.
(4) If you terminate employment with the Corporation during a PLOA:
a.
Any portions of the option that had vested prior to the commencement of the PLOA shall be exercisable in
accordance with Sections 7 through 10 hereof, as applicable; and
b.
Any portions of the option that had not vested prior to the commencement of the PLOA shall terminate, except to the
extent provided otherwise in Sections 8 through 10 hereof.
(b) If you take an approved Leave of Absence (“LOA”) other than a PLOA under Intel Leave Guidelines, the vesting of your options
shall be unaffected by such absence and will vest in accordance with the schedule set forth in the Notice of Grant.
6.
SUSPENSION OR TERMINATION OF OPTION FOR MISCONDUCT
If you have allegedly committed an act of misconduct as defined in the 2004 Plan, including, but not limited to, embezzlement, fraud,
dishonesty, unauthorized disclosure of trade secrets or confidential information, breach of fiduciary duty or nonpayment of an
obligation owed to the Corporation, an Authorized Officer, as defined in the 2004 Plan, may suspend your right to exercise the option,
pending a decision by the Committee (or Board of Directors, as the case may be) or an Authorized Officer to terminate the option. The
option cannot be exercised during such suspension or after such termination.
7.
TERMINATION OF EMPLOYMENT
Except as expressly provided otherwise in this Agreement, if your employment by the Corporation terminates for any reason, whether
voluntarily or involuntarily, other than death, Disablement (defined below), Retirement (defined below) or discharge for misconduct,
you may exercise any portion of the option that had vested on or prior to the date of termination at any time prior to ninety (90) days
after the date of such termination. The option shall terminate on the 90
th
day to the extent that it is unexercised. All unvested stock
options shall be cancelled on