Intel 2009 Annual Report Download - page 155

Download and view the complete annual report

Please find page 155 of the 2009 Intel annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 172

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172

INTEL CONFIDENTIAL
takes or any transaction pursuant to this Section 11 with respect to any tax withholding obligations that arise in connection
with the RSUs and dividend equivalents. The Corporation makes no representation or undertaking regarding the treatment of
any tax withholding in connection with the grant, issuance, vesting or settlement of the RSUs and dividend equivalents or the
subsequent sale of any of the shares of Common Stock underlying the RSUs and dividend equivalents that vest. The
Corporation does not commit and is under no obligation to structure the RSU program to reduce or eliminate your tax liability.
12.
RIGHTS AS A STOCKHOLDER
Your RSUs and dividend equivalents may not be otherwise transferred or assigned, pledged, hypothecated or otherwise
disposed of in any way, whether by operation of law or otherwise, and may not be subject to execution, attachment or similar
process. Any attempt to transfer, assign, hypothecate or otherwise dispose of your RSUs and dividend equivalents other
than as permitted above, shall be void and unenforceable against the Corporation.
You will have the rights of a stockholder only after shares of the Common Stock have been issued to you following vesting of
your RSUs and dividend equivalents and satisfaction of all other conditions to the issuance of those shares as set forth in
this Agreement. RSUs and dividend equivalents shall not entitle you to any rights of a stockholder of Common Stock and
there are no voting or dividend rights with respect to your RSUs and dividend equivalents. RSUs and dividend equivalents
shall remain terminable pursuant to this Agreement at all times until they vest and convert into shares. As a condition to
having the right to receive shares of Common Stock pursuant to your RSUs and dividend equivalents, you acknowledge that
unvested RSUs and dividend equivalents shall have no value for purposes of any aspect of your employment relationship
with the Corporation.
13.
DISPUTES
Any question concerning the interpretation of this Agreement, your Notice of Grant, the RSUs or the 2006 Plan, any
adjustments required to be made thereunder, and any controversy that may arise under this Agreement, your Notice of
Grant, the RSUs or the 2006 Plan shall be determined by the Committee (including any person(s) to whom the Committee
has delegated its authority) in its sole and absolute discretion. Such decision by the Committee shall be final and binding
unless determined pursuant to Section 16(e) to have been arbitrary and capricious.
14.
AMENDMENTS
The 2006 Plan and RSUs and dividend equivalents may be amended or altered by the Committee or the Board of Directors
of the Corporation to the extent provided in the 2006 Plan.