Intel 2006 Annual Report Download - page 124

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Company such that the Participant would be subject to income taxation on his benefits under the Plan prior to distribution and the
rights of Participants and Beneficiaries to benefits under the Plan shall be those of an unsecured general creditor of the Company.
10. OTHER PROVISIONS APPLICABLE TO PLAN
(a) Benefits Inalienable . Except as provided in Section 8(b), the right of any Participant, any Beneficiary, or any other
person to the payment of any Benefits under this Plan shall not be assigned, transferred, pledged or encumbered. Any amounts
so set aside for Benefits payable under the Plan are the property of the Company, except, and to the extent, of any assignment of
such assets to an irrevocable trust
(b) Successors and Assigns . This Plan shall be binding upon and inure to the benefit of the Company, its successors and
assigns and the Participant and his or her heirs, executors, administrators and legal representatives.
(c) Costs of Enforcement . If the Company, the Participant, any Beneficiary, or a successor in interest to any of the
foregoing, brings legal action to enforce any of the provisions of this Plan, the prevailing party in such legal action shall be
reimbursed by the other party for the prevailing party’s costs of such legal action including, without limitation, reasonable fees of
attorneys, accountants and similar advisors and expert witnesses.
(d) Disputes . Any dispute or claim relating to or arising out of this Plan that cannot be resolved pursuant to the procedures
set forth in Section 3(d) of this Plan shall be resolved in the following manner. The Participant or Beneficiary, as the case may be,
on the one hand, and the senior management of the Company, on the other hand (collectively, the “Parties”), shall meet to
attempt to resolve such disputes. If the disputes cannot be resolved by the Parties, either Party may make a written demand for
formal dispute resolution and specify therein the scope of the dispute. Within thirty days after such written notification, the parties
agree to meet for one day with an impartial mediator and consider dispute resolution alternatives other than litigation. If an
alternative method of dispute resolution is not agreed upon within thirty days after the one day mediation, either party may begin
litigation proceedings.
(e) Governing Law . This Plan shall be construed in accordance with and governed by the laws of the State of Delaware,
without reference to the principles of conflicts of law thereof, to the extent such construction is not pre
-empted by any applicable
federal law.
(f) Entire Agreement . This Plan constitutes the entire understanding and agreement with respect to the subject matter
contained herein, and there are no agreements, understandings, restrictions, representations or warranties among any Participant
and the Company other than those set forth or provided for herein.
(g) Termination or Amendment of Plan .
9